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Development of insurance relations in agriculture and increasing the activity of insurance companies

Heydar Agayev Rashid

agayevheyder.r@gmail.com

29577 ­ ­ AZ ­ ­ 38. November 2021 ­ ­­ ­ insurance system insurance organizations insurance services availability of insurance activities of insurance companies in the agricultural sector development of insurance

 

UOT: 368.01:368.1:368.07

The article analyzes the role of insurance in the agricultural sector of Azerbaijan, the application of the insurance mechanism with state support and its impact on the market activity of insurance companies. Analyzed the main indicators of existing insurance companies and organizations in the country. The dynamics of assets of insurance companies, insurance premiums and insurance payments for a certain period has been studied. In connection with the progress in the field of agricultural insurance, attention was paid to the problems of strengthening the activities of the country's insurance companies at the regional level. Recommendations have been developed to improve the work of insurance companies in Azerbaijan, increase the availability of insurance services and improve and strengthen the activities of insurance companies in general in the context of global impacts, as well as COVID-19 pandemic.

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AUTHORS

 

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Bahruz. Nuriyev

Chief consultant in Ministry of Agriculture of Azerbaijan Republic

   

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Jubril. Animashaun

Department of Economics, The University of Manchester, UK / Department of Agricultural Economics, University of Ilorin, Nigeria

   

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Bagish. Ahmadov

Deputy Director of the Agricultural Economics Research Center

  Doctor of Philosophy in Economics  

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Sabina. Valiyeva

Doctoral student of the Agro Researches Center

  Ph.D., docent  

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Vusala. Babayeva

Doctor of Science Program of Agricultural Economics Research Center

  Doctor of Philosophy in Economics  

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Ruhiyya. Gambarova

Azerbaijan State Agrarian University

  Doctor of Philosophy in Economics  

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Turana. Mustafayeva

Ph.D. student of Western Caspian University

   

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Vuqar. Namazov

Ph.D. candidate of the Azerbaijan State Economic University (UNEC)

   

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Mekhman. Rzayev

Sumgait Chemical-Industrial Park

  doctor of agrarian sciences  

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. Shahla

Baku State University

   

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Gulnara. Jafarova

Agricultural Economics Research Center, leading specialist

  Doctor of Philosophy in Economics  

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Abrehet. Mehari

Lecturer in Ethiopia Civil Service University, Ethiopia, Addis Ababa; Ph.D. candidate in Azerbaijan State University of Economics

   

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Aydin. Asgarov

Institute of Genetic Resources of ANAS

   

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Elbrus. Akbarov

Azerbaijan State University of Economics (UNEC), senior lecturer

   

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Natig. Javadov

Azerbaijan State Agrarian University

  prof, dr  

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. Hikmat

Ph.D. in agrarian sciences, docent H.N. Nasibov