Formation of accounting and analytical support for agricultural insurance risk management

Abstract

The article examines the theoretical and methodological foundations for the formation of accounting and analytical support for risk management in agricultural insurance under conditions of high risk inherent in agricultural production. The role of agricultural insurance as a key financial mechanism for protecting agricultural enterprises from the negative effects of natural-climatic, production, and market risks is substantiated. The specific features of insurance risks in agriculture, caused by the seasonality of production, dependence on weather conditions, and instability of income of agricultural producers, are identified. Special attention is paid to the importance of accounting and analytical information in the process of developing insurance products, assessing insurance risks, and determining justified amounts of insurance premiums and indemnities. The role of accounting and financial-economic analysis in ensuring the reliability of information on the volume of insured production, insured sums, and financial performance of agricultural enterprises is revealed. The problems of information support for risk management in the field of agricultural insurance, which hinder the development of the insurance market and reduce the level of trust between insurers and agricultural producers, are analyzed. Directions for improving accounting and analytical support for risk management in agricultural insurance are proposed through the formation of an integrated system of accounting and analytical indicators adapted to the specifics of agricultural production. The implementation of the proposed approaches will contribute to increasing the effectiveness of insurance protection, reducing financial losses of agricultural enterprises, and ensuring the sustainable development of the agricultural insurance system in Ukraine.