The premium from agricultural insurance in 2004 is only 0.377 billion Yuan,decreases 18.86% in comparison to the year 2003,and 21.46% in comparison to the year 2002.The premium of agriculture insurance only takes the proportion of 0.35% of the general insurance.
Under this background, the agricultural production imperatively needs a effective risk management tool and institutional arrangement to transfer increasingly huge agricultural risks. Agricultural insurance is a effective risk management tool which transfers catastrophic risks and insure the stability of agricultural production.
This paper analyzes the four mechanisms to pursue the agriculture insurance and the three functions of the agriculture insurance to promote the agriculture industrialization.
The premium from agricultural insurance in 2004 is only 0.377 billion Yuan,decreases 18.86% in comparison to the year 2003,and 21.46% in comparison to the year 2002.The premium of agriculture insurance only takes the proportion of 0.35% of the general insurance.
Systemic risk, Asymmetric Information and dual externalities are universal causes of the market failure of agriculture insurance, and in China the insufficiency of the institution is the main cause.
It puts forward the main basis of the policy subsidy of crop insurance theory is the degree of policy subsidy that the crop insurance need depends on the role of it as a support-agriculture tool compare with other support-agriculture policies.
Effects of Crop Insurance and Direct Grain-growing Subsidy on Farmers' Welfare and the Comparison Between Them——A Case Study on Changzheng Village in Changxing Island of Baoshan,Shanghai
The agricultural insurance belongs to "green policy"and it is one of the effective tools for countries to protect and improve agricultural development.
This article analysed the difficulties on carrying forward the agricultural insurance policy and discussed about the point on how to select the countermeasures.
This paper presents the views of experts from the crop insurance sector, the property-casualty insurance sector, and from the atmospheric sciences sector based on atmospheric research accomplished for the insurance industry for decades.