Strategic Methods for Managing Risk Insurance in Crop Production

Doing any entrepreneurial activity takes place under conditions of risk and uncertainty. Agricultural production is distinguished by a special risk environment, since it manifests natural and climatic risks that are very dangerous and have the maximum effect on the final results of operations. At the same time, the economic damage caused by them is not only comparable to the scale of the financial results of commodity producers, but periodically exceeds them. Households also suffer losses as a result of the risks that are traditional for any commercial activity (production, marketing, financial): the size of these losses is large, difficult to estimate, and the consequences are disastrous. Therefore, the complex impact of agricultural risks obliges commodity producers to put stability and guaranteed result in the first place in the system of their interests

Environmental Components and Mechanism of Public-Private Partnership in the Area of Risk Insurance in Crop

Crop risk insurance in Kazakhstan is an urgent problem for agricultural producers and insurers, since agriculture is in the zone of constant natural and economic risks, where the main share of risks is associated with weather events affecting the production of agricultural crops. In order to reduce natural risks in agriculture, to ensure the protection of the property interests of farmers in crop production from the consequences of adverse natural phenomena, measures are being taken by the state and business, however, there are problems that both agricultural producers and insurers face. Public-private partnership has established itself as a successful tool for interaction between business and the state, and now in Kazakhstan a lot of work is being done for the qualitative growth and development of the PPP mechanism, which requires more active interaction between the state and business in the field of crop production