Study On China's Agricultural Catastrophe Insurance Model

China is a huge agricultural country, which has so much natural disaster. Agricultural catastrophes have huge negative impacts on agricultural production and even the whole economy of our country. insurance accord with the socialization and mercerization trend of catastrophe risk management. . However, the business of agricultural insurance is always in the state of inefficient, following the trend of depauperate in China. Most of the loss is taken by the peasants and relived by the government budget. For the development of agriculture, we hunger to build the scientific agricultura catastrophes insruance institution mode to manage the catastrophe risk., this paper aims to design the model of angricultural catastrophes insurance acorrding our agricultural insurance actual condition, Fundamentally change the face of China's current agricultural catastrophe relief passive situation, to promote and improve China's insurance system and institution-building to adapt to the integration of the global insurance market, China's insurance market to enhance competitiveness. hethinking of research herein is, In this paper, the agricultural catastrophe insurance model based on theoretical analysis, the status quo from an agricultural catastrophe insurance start an analysis of catastrophe insurance in China's agriculture of the reasons for deficiencies, combined with China's agricultural catastrophe the actual situation of risk management,cooperation in the government and the market on the basis of the feasibility of agricultural catastrophe insurance. Of foreign agricultural catastrophe insurance from practical experience, put forward China's agricultural catastrophe insurance model. The main conclusions are as follows:1,Agricultural Catastrophe Insurance quasi-public goods determines the properties of the leading commercial insurance companies to carry out agricultural disaster insurance has a certain degree of difficulty, the Government's intervention and policy support for agriculture is a necessary condition for Catastrophe Insurance. And The Government should agricultural catastrophe-prone areas of "mandatory" requirements of all rural households participate in agricultural catastrophe insurance.2,The status of China's agricultural catastrophe insurance is that compensation levels low,heavy losses,agricultural insurance products run around or severely restricted agricultural catastrophic risks,the main body deficiencies and agricultural catastrophe risk management is unreasonable.Studies have shown that systemic risk,information asymmetry and is outside are difficulties and problems of every national agricultural catastrophic insurance.3,Through catastrophe insurance system in agriculture in developed countries found that governments in the agricultural catastrophe insurance has played in both the dominant and leading role in catastrophe insurance attaches great importance to agriculture in the national economy an important role in the provision of agricultural Catastrophe Insurance the necessary financial support, to compel or encourage farmers to participate in agricultural catastrophe insurance, and the establishment of legal protection. However, the specific national agricultural catastrophe model according to its national conditions vary. These are for our country to establish a rational agricultural catastrophe insurance system provides a useful insight.4,In this paper, we evaluate the the advantages and disadvantages of four kinds of model of angricultural catastrophes insurance under the government-led policy of agriculture catastrophe insurance, and design China's agricultural catastrophe insurance model in the different periods. Short-term policy of China's agricultural catastrophe insurance system model should be chosen by the government-sponsored directly by the governmental organizations. Some developed areas can also be considered part of their agricultural catastrophe insurance business entrusted to the commercial agricultural insurance, agricultural insurance and agricultural mutual insurance cooperatives operating agency. Medium-term perspective on the basis of our financial markets and the insurance market to gradually improve and develop the insurance , some organizations and institutions (mainly commercial insurance companies and foreign insurance companies) can be catastrophic, a gradual development of the agricultural insurance business. Agricultural cooperatives and agricultural mutual insurance insurance agent can be part of national agricultural catastrophe insurance, commercial insurance companies and foreign insurance companies, agricultural catastrophe insurance products. In the long run, China should adjust to all resources in society, by national policies of agricultural catastrophe insurance, commercial insurance companies, foreign insurance companies, agricultural cooperatives and agricultural insurance mutual insurance companies came together to form a relatively complete system of agricultural Catastrophe Insurance .