Agriculture Insurance
DOI:
https://doi.org/10.51699/ijbea.v2i5.1851Keywords:
insurance, risk, agriculture, cost, damage, infectious diseases, marginal advantage, manage risk, subsidizing agriculture, small farms, limited credit supply.Abstract
In the context of the continuous development of the world economy and the global financial system, the importance of the insurance system and its main component, the insurance market, is increasing. First, in world practice, the insurance system is one of the largest sources of investment in the economy through the formation of certain funds and the redistribution of funds of economic entities. Secondly, insurance is one of the main forms of risk management, which is complex and has a growing tendency in the modern economy. In addition, ensuring the protection of the insured's property interests creates a continuous process of reproduction, which helps to ensure economic and financial stability
References
Decree of the President of the Republic of Uzbekistan, No. PQ-5017 dated 03.03.2021.
Decree of the President of the Republic of Uzbekistan, dated 14.06.2021 No. PQ-5146.
Swiss Re. 2013. Partnering for Food Security in Emerging Markets. Sigma No 1/2013. Zurich, Switzerland.
O. Mahul and C. Stutley. 2010. Government Support to Agriculture Insurance: Challenges and Options for Developing Countries. Washington, DC: World Bank.
A fixed amount or percentage of an insurance claim that is the responsibility of the insured and which the insurance company deducts at the time of claim payment
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