Improvement Of Catastrophe Risk Dispersion Mechanism Of Agricultural Insurance In Hunan Province

The stability and development of agriculture is related to national economic development and social stability harmony.The central government has always attached great importance to the issue of agriculture,countryside and farmers.For five consecutive years,the No.1 document of the central government mentioned agricultural insurance.There are many kinds of agricultural disasters,which occur frequently and distribute widely,and have the risk of agricultural catastrophe loss.At present,the compensation rate of agricultural insurance for peasant households is limited.Each province explores agricultural catastrophe risk management according to local conditions,but has not formed a scientific and effective decentralization model.Catastrophe risk management of agricultural insurance has been paid more and more attention.Therefore,on the basis of developing agricultural insurance,China should build a multi-level agricultural insurance catastrophe risk decentralization mechanism to ensure the sustainable,stable and healthy development of agricultural production.This paper systematically analyzes the practice and existing problems of the risk dispersion of agricultural insurance catastrophe in Hunan Province by applying the relevant theories of insurance,economics,agriculture,and mathematical statistics,and discusses the successful practice of the risk dispersion mechanism of agricultural insurance catastrophe in developed countries and other parts of China.On the basis of full absorption and reference,and in light of China's National conditions,in order to optimize and improve China's risk dispersion system for agricultural hazards,we put forward the overall concept and thinking of the risk dispersion system for agricultural insurance catastrophes.This paper puts forward corresponding strategies from the aspects of general structure and concrete implementation for the construction and improvement of multi-level agricultural insurance risk system for disaster dispersion in Hunan province.The main conclusions of this paper are as follows:the characteristics of agricultural catastrophe risk and the special attributes of agricultural insurance determine that the decentralization of agricultural catastrophe risk requires the joint participation of the government and the market.The government,as a policy maker,should do a good job in top-level design and formulate corresponding policies,and the market should also give full play to its advantages in risk diversification.Therefore,China should establish a multi-level agricultural insurance giant.Disaster risk decentralization mechanism,multi-channel and multi-channel diversification of agricultural insurance catastrophe risk,based on reinsurance,combined with catastrophe risk securitization,will connect the insurance market and capital market,in a larger range of catastrophe risk diversification.