DEVELOPMENT OF INSURANCE MECHANISMS OF BUSINESS STRUCTURES IN THE CONDITIONS OF THE MARITAL STATE OF UKRAINE

Abstract

The article is dedicated to investigating the development of insurance mechanisms for businesses in the context of the state of war in Ukraine and their impact on the financial stability and economic development of the country. The purpose of the article is to examine the development of insurance mechanisms for businesses in the conditions of the state of war in Ukraine and their impact on the financial stability and economic development of the country. The relevance of the topic is determined by the need to ensure the financial stability of enterprises and stimulate investments in the conditions of war. To achieve this goal, methods of analyzing legislative changes, statistical data on foreign direct investments, and evaluating the effectiveness of implemented programs and initiatives in the field of insurance were used. The obtained results show that the development of insurance mechanisms against war risks contributes to increasing the investment attractiveness of Ukraine for foreign and domestic investors, as it reduces the cost of insurance, which is a necessary component for attracting investments in modern realities. This can be an important factor in attracting new investments and business development in conditions of geopolitical instability. Moreover, it has been found that effective insurance mechanisms contribute to reducing risks for businesses and enhancing their competitiveness in the international market. The research also confirms the importance of cooperation with international financial organizations and partners to implement insurance programs and attract additional resources in the form of financial guarantees and support. This expands opportunities for attracting investments and contributes to raising the level of financial stability in the conditions of armed conflict. Programs such as Unity Facility and the expansion of the Export Credit Agency's powers help ensure financial stability for enterprises in complex conditions of armed conflict and contribute to their further development. The practical value of the article lies in substantiating the importance of developing insurance mechanisms in the conditions of a state of war to preserve financial stability and promote economic growth in Ukraine. The research results can be useful for government structures, insurance companies, and enterprises operating in conditions of a state of war.