The Current State of Agricultural Insurance in Armenia and Ways of Solving the Urgent Problems
Keywords:
agriculture, risk, risk management, insurance, subsidiesAbstract
The article considers the current situation of state-funded agricultural insurance in Armenia, some pressing issues and ways of their solution. Based on the analysis of the indices recorded in the sector of agricultural insurance the loss rate has been estimated and clear evaluation has been conducted.
Upon the accomplishment of the introduced recommendations it would be possible to avoid the regular development deviations in the sector of state-funded agricultural insurance in Armenia and to ensure secure continuity of the implemented
program.
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