Zhejiang Policy Agricultural Insurance Research

Since 2006,Zhejiang started its pilot agricultural insurance policy,and exerted “Joint Insurance Operation” policy under the guidance of governmental departments by introducing commercial insurance companies and establishing the operational community for agricultural insurance.The community runs under commercial principles and contracts of insurance,and enjoys financial subsidies from government.This practice has effectively promoted the rapid and ordered development of the policy-based agricultural insurance in Zhejiang Province,and it has played an important role in protecting against natural disasters and restoring agricultural production.However,during the rapid development of pilot agricultural insurance policy,illegal practice and violation against the disciplines occurred from time to time.These phenomena have deviated from the tenet of agricultural insurance,seriously infringed upon the interests of farmers,damaged the operation efficiency of agricultural insurance and the fiscal subsidy efficiency,and created a breeding ground for corruption.Working out the way to effectively solve the current problems encountered in the operation and practice of policy-supported agricultural insurance in Zhejiang province,and to achieve further improvements and innovations in the operation mode of policy-supported agricultural insurance in Zhejiang has become the top priority of policy-supported agricultural insurance work in Zhejiang.This paper,based on the actual situation of the "coinsurance" operation mode of the policy-supported agricultural insurance in Zhejiang province,by introducing relevant theories such as market failure,government failure and public governance,along with the comprehensive use of case research,comparative research,questionnaire survey and other research methods,conducted analysis on the present operation situation,system design,problems and the causes of the policy-supported agricultural insurance in Zhejiang Province,and put forward some corresponding countermeasures.Firstly,this paper defined the core concepts and elaborated on related theoretical basis of agricultural insurance,market failure and government failure,introduced the background,development process,main contents and achievements of Zhejiang policy-supported agricultural insurance.Then,this paper deeply analyzed the underlying problems existed in the policy-supported agricultural insurance in Zhejiang province from five aspects,including the insufficient insurance guarantee,the inherent defects of coinsurance operation mechanism,insufficient financial subsidy support,the difficulty of balancing the interests among subjects,and violating laws and rules.Further,this paper analyzed the causes of those problems in four ways,namely the wrong positioning of governmental recognition,the inherent defects of coinsurance mode,excessive administrative intervention together with inadequate market role,and explored the political reasons and system reasons that resulted in the tough operation of policy-supported agricultural insurance in Zhejiang province.Finally,this paper put forward some countermeasures and suggestions for the sound development of the policy-supported agricultural insurance in Zhejiang province,including changing the value orientation of government on agricultural insurance,establishing multi-level operation mode,improving the financial subsidy mechanism,rationalizing the interests among all subjects,and strengthening compliance supervision,as well as enhancing infrastructure construction,etc.