GOVERNMENT SUPPORT TO INSURANCE OF AGRICULTURAL RISKS IN AGRICULTURAL ENTERPRISES BASED ON THE MODEL OF PUBLICPRIVATE PARTNERSHIP

Article devoted to the development of approaches to improve government support to insurance of agricultural risks based on the model of public-private partnership. The author reasonably justified the forming of an effective model of national agricultural insurance scheme with government support to insurance of agricultural risks based on the mechanism of interaction between the public-sector and the private sector to ensure the financial stability of agricultural producers and the state upon the occurrence of catastrophic weather risks. The research paper analyzes the results of the government support through the reimbursement of insurance premiums, which operated in the country for 2005-2008 years; systematized functional responsibilities and targets of each related entities in the model of public-private partnerships in agricultural insurance with government support; proposed the introduction of reimbursement of the cost of insurance premiums to the insurer, not the insurant. It was determined that change of the subject obtaining insurance subsidies will contribute to reduce the cost of insurance and to increase financial stability and solvency of agricultural enterprises.