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Basic Approaches to Implementing Index-based Crop Insurance in the Russian Federation

Author

Listed:
  • Konstantin S. Proshin

    (Financial Research Institute, Moscow 127006, Russia)

  • Alexander M. Shaykin

    (Financial Research Institute, Moscow 127006, Russia)

Abstract

Discussion on ways of further development of agricultural insurance in Russia has become more active due to import substitution policy pursued by Russian government. This article is focused on to study of possible approaches to implementing area-yield index agricultural insurance in the Russian Federation. It also coveres possible methods of state support for this type of insurance and the role of JSC “Russian National Reinsurance Company” in providing reinsurance programs on the national market.

Suggested Citation

  • Konstantin S. Proshin & Alexander M. Shaykin, 2017. "Basic Approaches to Implementing Index-based Crop Insurance in the Russian Federation," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 6, pages 121-130, December.
    • Handle: RePEc:fru:finjrn:170610:p:121-130
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    Citations

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    Cited by:

    1. Alexander A. Tsyganov & Irina A. Bystronovskaya, 2023. "Possible Organizational and Economic Schemes of Index Insurance in Russian Agriculture," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 6, pages 61-75, December.
    2. Yuri A. Spletuhov, 2018. "Agricultural Insurance in Russia and Abroad: Comparative Characteristics," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 1, pages 87-99, February.

    More about this item

    Keywords

    index-based insurance; agricultural insurance; state support; area-yield index;
    All these keywords.

    JEL classification:

    • G22 - Financial Economics - - Financial Institutions and Services - - - Insurance; Insurance Companies; Actuarial Studies

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