Agricultural insurance as an effective tool to increase the financial sustainability of the agricultural sector
The fundamental basis for the successful development of the agro-industrial complex is the financial stability and stability of the work of agricultural producers, which, in turn, depend not only on internal, but also on external risks, in particular, on the food market and environmental and climatic conditions. In modern conditions, the formation of a mechanism for effective risk management in agriculture acts as one of the priority tasks for the development of the agro-industrial complex. The most effective tool to reduce the adverse effects of external risks is insurance. Agricultural insurance as a way to stabilize risks in agriculture allows not only to compensate for losses associated with the loss of agricultural products, but also to protect producers from possible bankruptcy and increase the predictability of financial performance. The authors examined the dynamics of agricultural insurance with state support in Russia, proposed measures to improve the conditions of agricultural insurance and attract agricultural producers.