Reach On Policy-based Insurance For Characteristic Agricultural Products In Qinhuangdao City

Agriculture in Qinhuangdao city is experiencing fast development.During this process,Characteristic Agricultural Products(CAPs),featuring by the transition toward industrialization and specialization,has become an important part in local agricultural economy.This brings an urgent demand for Policy CAPs insurance.However,although the insurance in planting and breeding has enjoyed full development,there is still a blank in Policy CAPs insurance.Local CAPs still face various risks due to lack of insurances.Based on the climate classification data(from 2007 to 2016)of seven counties in Qinhuangdao City,this paper examines the current situation and economic returns of local CAPs,and major risks faced,and then analyzes the most urgent types of Policy CAPs insurance.Furtherly,this paper adopts SWOT approach to analyze the implementation of Policy CAPs insurance in Qinhuangdao,in order to provide reasonable suggestions accordingly.SWOT analysis concludes that Conclusions of this paper are as follows.CAPs insurance can better meet the differential needs of local CAPs.The pricing of CAPs can be more flexible.Current problems include incomprehensive governmental subsidies,inadequate demand from agricultural producers,lack of enthusiasm from insurance companies,low targeting of the insurance products,etc.A comparative analysis is also carried to study the successful practice of Policy CAPs insurance in other provinces and even abroad.At last,in order to solve the above problems,this research provides suggestions from all of the three aspects of government,insurance companies and farmers.The governmental subsidies should be more targeted,so as to better guarantee the profitability of the insurance companies and at the same time bear partial premium for farmers.Government should also cooperate with insurance companies to increase the publicizing intensity of policy insurance for CAPs.Venture capital pool should be expanded.Risk diversification mechanism should be varied.New and market-oriented insurance products should be developed.Moral hazard should be avoided,etc.