Financial Economics

INSURANCE PRODUCTS IN AGRICULTURE AND FARM INSURANCE BEHAVIOUR

Minka Anastasova-Chopeva - Economic Research Institute аt BAS
Dimitar Nikolov - Institute of Agrarian Economics
Elizabeth Ivanova - Institute of Agrarian Economics
Received: 10 Jun 2022
Revised:
Published:
Downloads: 0
Citations: 0
Issue 1/2013
JEL Q1 G22

Abstract

On the grounds of some main theoretical formulations for the risk management in agriculture, an outlook has been made of the practice in the country for the last years. Insurance in agriculture in the country dates back to the first years after the Liberation. The aim of the paper is to analyse the insurance development in agriculture in the recent years – from 2003 until 2011 and of the reactions of agricultural producers concerning the insurance. The methods of retrospective, comparative, statistic descriptive and probabilty analysis have been applied. As a result of the analysis, propositions have been made related to the risk management improvement in agriculture. On the basis of the obtained results conclusions were made regarding the insurance state in agriculture and the relation between different factors of agricultural farms management and insurance activity.

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