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

Heydar Agayev Rashid

agayevheyder.r@gmail.com

22298 ­ ­ AZ ­ ­ 38. November 2021 ­ ­­ ­ insurance system insurance organizations insurance services availability of insurance activities of insurance companies in the agricultural sector development of insurance

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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Lotanna. Emediegwu

Department of Economics, The University of Manchester, UK | Department of Agricultural Economics, University of Ilorin, Nigeria | Department of Economics, Policy and International Business, Manchester Metropolitan University, UK

   

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Tural. Mammadzade

Ph.D. student of

   

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Saadat. Hajiyeva

Agricultural Economics Research Center, Deputy director

   

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Ramil. Asgarov

Doctoral student of Azerbaijan State Agrarian University

   

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Alizamin. Guliyev

Azerbaijan Technical University, Ph.D.

   

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Vugar. Mehdiyev

h.D., Associate Professor, V.M. Mehdiyev Azerbaijan University of Cooperation

  Ph.D., docent  

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Alamdar. Asgarov

Vegetable Research Institute

   

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Javad. Gojamanov

Ph.D. student of Baku State University

   

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Tamraz. Tamrazov

Vegetable Research Institute

   

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Gurban. Mirzayev

Azerbaijan State Agrarian University

   

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Talib. Huseynov

PhD student of the Agricultural Economics Research Center

   

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Hamza. Khalilov

Agricultural Economics Research Center, Advisor to the director

  prof, dr  

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Zakir. Guliyev

Baku Business University

  Doctor of Philosophy in Economics  

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Irada. Huseynova

Vice-president of Azerbaijan National Academy of Sciences Director of the Institute of Molecular Biology and Biotechnology, ANAS

  academician  

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Islam. Ibrahimov

Baku Business University

  prof, dr  

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Turan. Hajiyeva

Specialist of the Agricultural Research Center