Insurance solutions of covering agricultural risks: the case of the Czech Republic
| Authors | |
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| Year of publication | 2015 |
| Type | Article in Proceedings |
| Conference | European Financial Systems 2015. 12. vyd. Brno: Masarykova univerzita, 2015. ISBN 978-80-210-7962-5. |
| Citation | |
| Field | Management and administrative |
| Keywords | risk management, insurance subsidies, commercial insurance company |
| Description | The aim of this paper is to analyze the possibility of eliminating risks of agricultural production and to analyze the current forms of covering the risks associated with agricultural production on the commercial insurance market in the Czech Republic. Insurance is a factor limiting and reducing uncertainty in the agriculture business. It helps to mitigate and eliminate risks, and it regulates the severity of risk occurrence and allows the business continuity in the event of total loss of production. The analysis shows the importance of a functioning system of agricultural insurance in the Czech Republic. |