Agricultural insurance is underdeveloped in the
Republic of Serbia, and in recent years agriculture
has been threatened by increasingly pronounced
climate changes. Only about 5% of the total number of
agricultural farms insure their production, although
subsidies have been continuously paid from the
agricultural budget since 2006 for the purpose of
developing agricultural insurance. The share of total
agricultural insurance premiums in total non-life
insurance premiums amounted as little as 4.4% in 2024.
The aim of the research is the analysis of insured risks
in crop insurance on the agricultural insurance market
in the Republic of Serbia and their compliance with
current climate changes. Empirical, descriptive, desk
research and methods of analysis and synthesis are used
in the work. The author concludes that in the conditions
of climate change, certain risks have lost the character
of an uncertain event, as is the case with spring frosts,
and insurance cannot be expected to provide economic
protection for agricultural production, but other
possible solutions to this problem must be considered.
