Agricultural insurance: current development in Serbia and Montenegro
2023
Radović, Gordana | Pejanović, Vladimir | Zejak, Dejan
Plant production is exposed to numerous risks from unfavorable weather conditions, especially in the current period, which is characterized by increasingly pronounced climate changes. Livestock production is also exposed to risks and they primarily relate to animal diseases and accidents. Insurance is the most common system for risk management in agricultural production. The aim of the paper is to analyze the current development of agricultural insurance in the Republic of Serbia and the Republic of Montenegro. The authors analyze the offer on the agricultural insurance market as well as the support of the state, through regressing the premium, as significant prerequisites for the development of agricultural insurance. On the basis of the research carried out, the authors give recommendations for the development perspectives of agricultural insurance, and thus agriculture, as a significant economic activity for both of the countries.
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Información bibliográfica
Editorial Institute of Agricultural Economics, Belgrade, Serbia
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