THE IMPORTANCE AND PRACTICAL CHALLENGES OF INSURANCE IN THE AGRICULTURAL SECTOR

Authors

  • Eldor Nozimov Samarkand Institute of Economics and Service Senior Lecturer, Department of "Investment and Innovations"

DOI:

https://doi.org/10.55640/

Keywords:

Agricultural insurance; risk management; financial stability; crop and livestock protection; natural disasters; climate risk; insurance coverage; digital technologies; agricultural development; insurance challenges.

Abstract

This study examines the significance of insurance in the agricultural sector, focusing on its role in mitigating risks, ensuring financial stability, and supporting sustainable agricultural development. Agriculture is highly vulnerable to natural disasters, climate change, and market fluctuations, making insurance an essential tool for risk management. The research explores current agricultural insurance practices in Uzbekistan, identifies practical challenges, and reviews international experiences. Findings suggest that enhancing coverage, adopting innovative insurance products, and integrating digital technologies can improve the effectiveness and reliability of agricultural insurance programs.

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References

1.Abdukarimov, A. (2021). Agricultural insurance practices and challenges in Uzbekistan. Tashkent: Economics Publishing.

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5.Makhmudov, S. (2022). Agricultural insurance in emerging markets: Evidence from Uzbekistan. Journal of Financial Services, 14(3), 45–58.

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9.Ministry of Agriculture of the Republic of Uzbekistan. (2023). Report on agricultural insurance programs and risk management. Tashkent.

10.Insurance Market Development Agency of Uzbekistan (IMDA). (2024). Annual report on agricultural insurance coverage and efficiency. Tashkent: IMDA.

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Published

2026-03-13

Issue

Vol. 5 No. 03 (2026): Journal of Multidisciplinary Sciences and Innovations

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

Authors retain the copyright of their manuscripts, and all Open Access articles are disseminated under the terms of the Creative Commons Attribution License 4.0 (CC-BY), which licenses unrestricted use, distribution, and reproduction in any medium, provided that the original work is appropriately cited. The use of general descriptive names, trade names, trademarks, and so forth in this publication, even if not specifically identified, does not imply that these names are not protected by the relevant laws and regulations.

How to Cite

THE IMPORTANCE AND PRACTICAL CHALLENGES OF INSURANCE IN THE AGRICULTURAL SECTOR. (2026). Journal of Multidisciplinary Sciences and Innovations, 5(03), 680-682. https://doi.org/10.55640/

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