ENVIRONMENTAL INSURANCE: WHAT SHOULD BE THE LEGAL BASIS?

The world experiences the effects of human activities on the environment as a result of the damage to the economy, totaling three methods are used and they are - at the expense of the state budget, the person causing the damage, combining its own funds and insurance business funds. The state's regulatory support for compensation for losses serves to improve relations in the field of environmental insurance, taking into account the real state of the economy and the environment, creating opportunities for direct and indirect influence on the insurance market. This means that environmental insurance is reflected in the process of voluntary and compulsory state insurance of legal entities and citizens, their property and income from environmental and natural disasters, accidents and catastrophes