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

Heydar Agayev Rashid

agayevheyder.r@gmail.com

24498 ­ ­ 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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Leyla. Hajiyeva

Ph.D. student of the Agricultural Economics Research Center

   

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Anar. Azimov

The Agrarian Services Agency at the Ministry of Agriculture of the Republic of Azerbaijan

   

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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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Galib. Hajiyev

Department of “Economy of enterprise” of Azerbaijan State University of Economics (UNEC)

  Ph.D., docent  

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Ismayil. Kheyirkhabarov

Azerbaijan State University of Economics (UNEC)

  Ph.D., docent  

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Mekhman. Rzayev

Sumgait Chemical-Industrial Park

  doctor of agrarian sciences  

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Alizamin. Guliyev

Ph.D. candidate of the Azerbaijan Technical University

   

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Yusif. Abayev

Ph.D. student of the İnstitute of Economics of ANAS

   

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Agshin. Huseynzade

Master of Azerbaijan State University of Economics (UNEC)

   

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Firidun. Taghiyev

Head of department of Ministry of Agriculture of Azerbaijan Republic

   

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Manzar. Nasibova

Senior researcher

   

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Khayyam. Javadzadeh

Azerbaijan State University of Economics, UNEC

  Ph.D., docent  

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Aytekin. Huseynli

Ph.D. student of the Baku State University

   

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Nurida. Gasimova

Ph.D. student of Azerbaijan University of Cooperation

   

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Israfil. Ismayilov

Member of the Russian Academy of Natural Sciences

  Prof. Dr.  

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Akif. Aghbabali

Baku State University