The Study Of Flood Insurance In China

China is one of the countries often attacked by natural disasters, for its vast territory, and complicity of geological and climatic conditions. Among all kinds of natural disasters, the flood disaster is one of importance. From ancient time on, the flood disaster has always been our serious enemy, which causes great loss. The government pays a huge amount of funding every year for the intervention projects. Despite such big investment, some areas still suffers more and more serious erosion of the flood. After the disaster, though government gave out a huge amount of funding again, can not meet the demand for reconstruction. Thus, it is believed rather that raising money passively after the disaster, it is better to take the initiative to distribution the flood risk nationwide before the disaster.In the steady development of China’s insurance industry, we begun to have the ability to carry flood insurance. Moreover, the flood insurance has a lot of potential demand in many regions of the country. This article started from the risk characteristics of the floods and the insurability of the flood, to analyze the suitability of developing flood insurance in our country to help with the intervention of floods brought infringement.The third chapter reviewed the examples of countries have been successfully carried out flood insurance underwriting experience, including the U.K. commercial operational flood insurance model, the U.S. National Flood Insurance Program, and other representative national flood insurance mode, and tally up the useful experience. The fourth chapter based on the international model comparison which mentioned in the third chapter, according to the degree of participation of the government, summed up the three commonly used mode of flood insurance, and proposed the detail for the flood insurance mode selection principle and basis of viewpoint in our country.In addition, it is also raised the idea of reinsurance which can be carried out by our flood insurance. Flood insurance is a catastrophe insurance areas, it requires not only the backing up of the government, it still need further distribution of the insurance risk through reinsurance. Only the multiple facet safeguards is our way to ensure the flood insurance continuously running smoothly.