Model of short-term insurance of independent environmental risks

The most urgent task is to develop a methodology for the economic substantiation of calculating environmental insurance rates. The solution to this problem will make it possible to develop a methodology that will compensate for the financial component of environmental damage. The economic mechanism for environmental insurance guarantees the implementation of environmental measures, optimizes environmental risks, and promotes investment in procedures that help prevent environmental accidents. The method of insurance of environmental risks without taking into account the influence of the interest rate (insurance for a year) is considered. An actuarial method for calculating insurance rates by methods of mathematical and simulation modeling is used. Material and financial resources should initially be provided in an amount capable of covering the possible costs for localizing and eliminating the consequences of an environmental emergency. It is assumed that the portfolio of an insurance company is formed from independent contracts with different average and variances of possible damages.