RESEARCH ON THE CURRENT SITUATION IN THE FIELD OF AGRICULTURAL INSURANCE

Abstract

Sub-measure 17.1 is aimed at risk management at farm level and was introduced to help farmers compensate for their costs of establishing crops if these crops were affected. In this paper, the situation on the market of insurance companies and the evolution of agricultural insurance in the period 2016-2020 were studied, the situation of accessing the funds used to support risk management and risk prevention at farm level, a study was carried out at the national level, and for the South Development Region – West Oltenia, a thorough analysis was made regarding the situations of the funding requests of this sub-measure. During this period, 8,196 funding applications were requested at national level, with a value of non-refundable support of 72,846,032.80 lei, of which 6,720 funding requests with a value of non-refundable support of 58,711,579.18 lei were eligible, 1157 with a value of non-refundable support of 11,432,329.26 lei were ineligible, and 319 with a value of non-refundable support of 2,702,124.36 lei were withdrawn. In the South - West Oltenia Region, they submitted and financed , in the analyzed period 2019 – 2020 a total of 585 funding applications. From the total of 585 funding requests selected for payment, in this analysis period, 2019-2020, the most were in Dolj county with a total of 353 funding requests, in second place is Olt county with 162 funding requests, followed by Vâlcea, Mehedinți and Gorj counties with 35, 33 and 2 funding requests, respectively