The article reflects modern approaches to the organization and implementation of prudential regulation in the sphere of insurance. From a scientific point, the expediency of taking the State regulatory measures to increase the business activity of participants in the insurance process and enhance the financial capacity of companies to fulfill their contractual obligations is specified. The article is aimed at a theoretical-methodological substantiation of prudential regulation processes in the insurance market of Ukraine. In the course of the research, a rather positive dynamics of the development of key indexers of the insurance services market for 2016-2020 is identified. This applies, first of all, to the indicators of total assets and the condition of formed insurance reserves, the identified tendency was observed against the background of a significant reduction in insurance companies in the market. Simultaneously, it is found that as of the beginning of 2021, three-quarters of insurance companies comply with solvency requirements and financial standards. It is emphasized that the current conditions of risk-causing market environment require the implementation of balanced regulatory and supervisory activities in the insurance market in accordance with the Pan-European requirements of «Solvency I» and «Solvency II». A critical analysis of key articles of the Law of Ukraine «On Insurance» (2021) on ensuring solvency and investment activity testifies to their innovative nature and direction of integration of the national market into the European insurance space. The authors’ own vision of prudential regulation is formulated, which consists in systematic coordination of actions of both the State-based and non-state institutions in the insurance market to effectively neutralize the possible risks associated with the livelihoods of society. A conceptual vision of further development of prudential regulation in Ukraine is defined, which is based on three following components: increasing transparency in the activities of insurance companies, increasing requirements for the solvency of insurers as a guarantee of their fulfillment of contractual obligations, improving the corporate governance system as a basis for ensuring the competitiveness of the insurer in the market. Prospects for further research are the digitalization of regulatory processes in the insurance market of Ukraine.

The article presents the substantiation of the methodological model of the development of the banking system of Ukraine. The purpose of the research is to analyze the key aspects of the functioning of the banking system of Ukraine as well as to provide the theoretical and methodological substantiation of the model for its development. The analysis of the issues raised in the study was carried out according to the general methodological scheme of the system approach. The empirical analysis was conducted using the data of 2013-2017. Monetary instruments of the central bank, which allowed an objective evaluation of its activities in the field of monetary regulation, are identified in the course of the research. The main trends in the development of the banking system of Ukraine are revealed. It is established that it was possible to stabilize the situation in the banking system owing to the restoring of the fund base, recognizing the real quality of assets and implementing programs of capitalization by virtually all large banks. It is found out that commercial banks currently own a right amount of capital and liquidity to resume lending to the economy.The most probable trend of the development of the banking system of Ukraine in the immediate future is illustrated. It is established that a clear and realistic paradigm with the outlined priorities, objectives, tasks, and the stages of its implementation is able to ensure a sustainable development of the banking system. The most important tasks for the development of the banking system in accordance with the European integration processes, national needs and interests are defined; they include effective redistribution of capital; high-quality banking services; sufficient level of competitive ability; compliance of the domestic banking system with the international standards; financial availability (inclusion). The implementation stages of the paradigm for the development of the banking system of Ukraine are established, namely restoration, activation and well-balanced international integration.

An urgent problem today is the reproduction of a sustainable ability to meet the demand for food products in different countries of the world. The solution to this global problem lies in the search for optimal financial and economic tools for timely counteraction to agricultural risks. Many years of international experience prove that such a tool is insurance. The purpose of the study is to conceptualise the mission of international agribusiness insurance, specify modern challenges, and identify opportunities for Ukraine. The methodology of this study was based on the use of various methods, in particular: abstract and logical, epistemological, comparative, structural and functional, modelling, formalisation, induction and deduction, regression and system analysis. The uniqueness of insurance lies in its ability to accumulate the necessary financial resources and distribute them to the needs of compensation for losses in the case of insurance events distributed in space and time. Consequently, the conducted research is aimed at substantiating the mission of international agribusiness insurance, identifying current challenges and existing opportunities in Ukraine. The main advantages and disadvantages of various models of interaction of stakeholders in the international agricultural insurance market are established. The paper highlights the world experience in positioning classic and index insurance products on the market. It was found out that the current level of agribusiness insurance in Ukraine does not correspond to its potential opportunities. Based on the parameters of the constructed regression model, it is established that the basis for further expansion of insurance coverage of agricultural risks is an increase in the number of concluded and renegotiated agricultural insurance contracts, an increase in the liability limit (insurance amounts) of companies, ensuring actuarial balance, and an increase in the amount of state subsidies. The practical implementation of these measures should be considered in the context of food security at the regional, national, and global levels

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