Trends in agricultural insurance: Past, present and future

O. Gülseven*, S. Küçukşenel, S. E. Nas

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

2 Citations (Scopus)


The article proves that due to the complexity of agricultural business, risks in agriculture are as important to the society as to the individual farmers. An unexpected drought can have catastrophic effects on the farms' output which in turn will reduce the overall welfare of the society. Besides the occurrence of potential risks, the management of these risks is also a concern for the society. In this paper we discuss the common risk management techniques with special emphasis on insurance mechanisms. Past and current examples of agricultural insurance schemes are analyzed. The paper also offers a detailed analysis of trends and possible variations of existing insurance coverage systems in Europe.

Original languageEnglish
Pages (from-to)316-320
Number of pages5
JournalActual Problems of Economics
Issue number6
Publication statusPublished - 2011
Externally publishedYes


  • Agricultural insurance
  • Risk management

ASJC Scopus subject areas

  • Economics and Econometrics

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