Agricultural Insurance Regulatory Impact Analysis

As the government strongly pushes for agricultural insurance,its operational performance is closely linked to regulations.Changes to agricultural insurance in China is a top-down mandatory government-led change.Constrained by limited rationality and restricted ideologies of its regulators,agricultural insurance regulations have led to excess supply shortages,which in turn,has made the system inefficient and has also led to failures.Therefore,it is necessary to evaluate agricultural insurance regulations,in order to test its effectiveness,remedy any defects,and promote the future sustainable development of agricultural insurance.Based on this,the paper will explore why agricultural insurance needs regulatory assessment;how to construct the evaluation system of agricultural insurance regulations and how to empirically evaluate regulations associated with agricultural insurance.From the perspective of regulation and supply,the present regulation and operation of agricultural insurance will be looked at through a three-dimensional evaluation system that combines qualitative and quantitative analysis as well as static and dynamic evaluation.This paper will analyze and propose resolutions to dilemmas currently facing agricultural insurance.This paper is divided into four chapters,mainly addressing the following content:The first chapter discusses agricultural insurance regulation evaluation from a theoretical and realistic basis,that is,a theoretical explanation of regulation evaluation compared to the actual present dilemmas faced by agricultural insurance.It will also reinforce the necessity of evaluating agricultural insurance regulations.This two-way failure between effective demand and effective supply of agricultural insurance and the absence of an active government role makes it difficult to achieve the goal of supporting agriculture.The lack of reinsurance mechanisms makes it also difficult to disperse any catastrophes or risks.Furthermore,the lack of multi-supervision and supervision mechanisms leads to agricultural insurance market inefficiency and disorder.The above dilemma is closely related to regulations.Therefore,it is necessary to comprehensively evaluate current legal policies relating to agricultural insurance from the perspective of regulation supply and top-level design.The second chapter lays out the evaluation system for agricultural insurance regulations.Starting with the subject,object and method of evaluation,and combining it with the characteristics of agricultural insurance,we will the three-dimensional system which includes the content,efficiency and effectiveness of regulations in order to refine and select suitable and functional indicators for evaluation.The evaluation of regulatory content mainly involves a qualitative evaluation of textual quality using the following five indicators –legitimacy,normalization,stability,operability and coordination.The evaluation of regulatory efficiency and regulatory content emphasizes an evaluation of its implementation and effect.Drawing lessons from foreign regulatory evaluation methods,in order to improve upon the traditional cost-benefit analysis method and applying changes to the actual situation in China,we need to try and improve the lack of objective value in current Chinese regulations by using appropriate input and output indicators and taking "efficiency" as the core evaluation criterion.In addition,the regulation effect is further tested by three indicators: the degree of risk guarantee,the degree of satisfaction of farmers' needs and the ability of sustainable development.Chapter 3,under the framework of the above-mentioned agricultural insurance regulation evaluation system and associated indicators,will use the Regulations of Agricultural Insurance as an example to carry out an empirical evaluation of agricultural insurance regulations and draw an evaluation conclusion.As the most effective regulation in the current legal system of agricultural insurance which mainly through the operation efficiency of agricultural insurance to reflect,the Regulations of Agricultural Insurance were also formulated by authorization and guidance in theory.Considering that other legal documents are not effective,normative and have obvious differences in regional application,the author has chosen to conduct a comprehensive evaluation of the Regulation's contents.The author also tries to provide a good reference for any follow-up evaluation of local agricultural insurance regulations.With the aim of evaluating the efficiency of agricultural insurance regulations,the author objectively collected China's agricultural insurance data of 31 provinces and used the DEA data envelopment analysis method to analyze the validity of input and output of agricultural insurance through DEAP2.1 software calculation.The last chapter reflects on the evaluation conclusion of agricultural insurance regulation and puts forward some countermeasures and suggestions.The above conclusions has led to the following corresponding legal reflection.,the author brings forward the optimization countermeasures of the Regulations of Agricultural Insurance,including optimizing the setting of specific objectives,defining the orientation of agricultural insurance,clarifying the responsibility distribution of departments,implementing specific supporting systems and strengthening the legal responsibility of the main body,etc.In addition,the author further puts forward the improvement direction of the regulatory system of agricultural insurance,including improving the regulation,scientifically and reasonably balancing the interests of all parties,strengthening the goal incentive system,improving the supervision and restraint mechanism,etc.