Financing agribusiness: Insurance coverage as protection against credit risk of warehouse receipt collateral
| العنوان: | Financing agribusiness: Insurance coverage as protection against credit risk of warehouse receipt collateral |
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| المؤلفون: | Zoran Jovanović, Daliborka Jovičić, Ljiljana Jeremić |
| المصدر: | Ekonomika Poljoprivrede (1979), Vol 64, Iss 2, Pp 467-482 (2017) |
| سنة النشر: | 2017 |
| مصطلحات موضوعية: | Collateral, licensed warehouses, Working capital, 010501 environmental sciences, 01 natural sciences, Professional Liability Insurance, lcsh:Agriculture, Margin (finance), solvency margin, 0502 economics and business, Capital requirement, Compensation Fund, 0105 earth and related environmental sciences, Warehouse receipt, Finance, Solvency, business.industry, 05 social sciences, lcsh:S, General Medicine, capital requirement, Loan, Business, 050212 sport, leisure & tourism, warehouse receipt, Credit risk |
| الوصف: | Financing agribusiness by warehouse receipts allows the agricultural producers to obtain working capital on the basis of agricultural products stored in licensed warehouses, as collateral. The implementation of the system of licensed warehouses and issuance of warehouse receipts as collateral for obtaining a bank loan is supported by the European Bank for Reconstruction and Development and it has had positive results in the neighbouring countries. The precondition for financing this project was to establish a Compensation Fund for providing insurance coverage for licensed warehouses against professional liability. However, in the lack of an adequate legal framework, the operational risk is possible to occur. Bearing in mind that Serbia has a tradition in insurance industry and a number of operating insurance companies, the issue is that of the economic benefit and the method of insuring against this risk. The paper will present a detailed analysis of the operation of the Fund, capital requirement, solvency margin and a critical review of the Law on Public Warehouses which regulates the rights and obligations of the Compensation Fund in the case of loss occurrence. |
| تدمد: | 2334-8453 0352-3462 |
| URL الوصول: | https://explore.openaire.eu/search/publication?articleId=doi_dedup___::a0da9c3fd0b592d01f9a5cf2a2dda051 https://doi.org/10.5937/ekopolj1702467j |
| حقوق: | OPEN |
| رقم الأكسشن: | edsair.doi.dedup.....a0da9c3fd0b592d01f9a5cf2a2dda051 |
| قاعدة البيانات: | OpenAIRE |
| تدمد: | 23348453 03523462 |
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