A Study On The Development Of Regional Agricultural Insurance In Chenzhou

Agriculture with various risks is a weak industry and the expected return is low. So it requires the development of agricultural insurance to protect agricultural production and interests of farmers. By frequent natural disasters, agriculture has suffered serious losses in Chenzhou, but the development of agricultural insurance has been slow. It is needed to develop agricultural insurance to protect agricultural production. Therefore, to explore how to develop the agricultural insurance in Chenzhou, this article is a study on the development of regional agricultural insurance in Chenzhou.The main content:firstly, the theory of development of regional agricultural insurance. After introducing agricultural risk, the features and functionality of agricultural insurance, it focuses on the factors affecting the development of regional agricultural insurance from the demand and supply of regional agricultural insurance. Then it summarizes experiences from development of regional agricultural insurance at home and abroad. By analyzing the development in United States, France, Japan and other overseas areas, and Shanghai, Heilongjiang, Xingjian and other domestic, it sum up experiences of the agricultural insurance, draw some inspiration of their development success. Secondly, positively analyzes the development of agricultural insurance in Chenzhou and its problems. Using field survey data and access information, it mainly expounds regional characteristics of agriculture and its production risk in Chenzhou, comprehensively analyze the effectiveness and problems of the development of agricultural insurance in Chenzhou. Thirdly analyze the factor affecting the development of agricultural insurance in Chenzhou. Combining analysis of practice development of agricultural insurance in Chenzhou and the issue of the development of agricultural insurance, the study positively analyze the cause which is difficult to develop agricultural insurance in Chenzhou. Finally the study explores the mode options of the development of agricultural insurance in Chenzhou and how to set up target model, business model and management model of the development of agricultural insurance in Chenzhou. And the study put forward several policy recommendations of the development of regional agricultural insurance in Chenzhou.The main conclusions:1. Chenzhou is a traditional agricultural city and agricultural is in dominated nationals'economy. However, frequent natural disasters, especially floods, droughts, insects and diseases have caused serious damage to agriculture in Chenzhou. Therefore, developing agriculture insurance is extremely important to the agriculture as well as social stability in Chenzhou.2. Implementing the mode of government-led commercial insurance companies to manage in Chenzhou now, Agricultural insurance development achieved certain results. The kind of insurance is from zero into six which is the basic agricultural products related to national economy. The coverage of cultivation insurance is about 70% and the breeding insurance achieved as the cities. The current model of agricultural insurance was feasible, but there are small-scale development of agricultural insurance, low premium income and the insurance institutions which are not active and some other problems.3. Farmers'low income and the weak insurance consciousness lead potential demand for agricultural insurance has not been excited and insufficient effective demand. Technical personnel shortages, high loss ratio of agricultural insurance, the high cost of operating risk and even lead commercial insurance companies operating agricultural insurance initiative is also not high enough in the government's support. So the supply of regional agricultural insurance is effective. Flawed system and lack of law and other policy factors also seriously hindered the development of agricultural insurance in Chenzhou.4. To promote the large-scale development of agricultural insurance in Chenzhou, it is needed to accelerate establish the coexistence mode of agricultural insurance including specialized policy-oriented agricultural insurance companies and government-led commercial insurance companies. According to agriculture natural disasters, agricultural production, farmer income and financial support and such features in Chenzhou, we should implement agricultural insurance operations and management which is due to the actual situation in Chenzhou, adapt regional insurance premium rates and the kind of insurance which is fit for agricultural production in Chenzhou, implement the regional premium subsidies and tax incentives, and explore the development of agricultural insurance according to local conditions in Chenzhou.Major policy recommendations:According factors affecting the development of agricultural insurance, it put forward policy recommendations to promote the development of agricultural insurance in Chenzhou, including:the strategy of the development of agricultural insurance; increase government efforts to support agricultural insurance, establish a sound legal system; increase income while increasing publicity efforts to inspire the potential demand for agricultural insurance; innovative agricultural insurance and steady expanse agricultural insurance coverage; train professionals to improve the management level; establish agricultural insurance regulatory system and interests convergence mechanism of all parties.