China's agricultural insurance catastrophe risk diversification mechanism
|School||Capital University of Economics|
|Keywords||Agricultural insurance catastrophe risk Agricultural reinsurance Agricultural catastrophic risk protection fund|
China is a large agricultural country, agriculture is the proposition of the foundation of the national economy has been adhered to by our 60 years, stability and development of agriculture is the key of China's economic development and social stability. Same time, China is one of the agricultural natural disaster is the most serious of the few countries in the world, the many kinds of agricultural disasters, high frequency, wide geographic distribution, and huge agricultural losses. Agricultural insurance as a market-based risk transfer and loss-sharing mechanism in the dispersed agricultural risk, stable agricultural production and ensure national food security, and even promote the steady development of the national economy plays an important role. However, agricultural insurance risk diversification, compared with other insurable risks, the risk of a high concentration of agriculture, strong regional characteristics, the agricultural risk units often show time in natural disasters such as floods, droughts and disaster losses with a high degree of correlation in space, at the same time due to the current pilot agricultural insurance in China is limited to localized, regional agricultural insurance company diversify risk capacity is limited in the event of catastrophe agricultural insurance risk reserves and provident fund operators tend to swallow even capital Kim, a serious impact on the financial stability of the agricultural insurance business. This paper use in the system on the basis of the theory of economics, insurance, agriculture, new institutional economics, mathematical statistics and related statistical software around the optimization and improvement of China's agricultural insurance catastrophe risk diversification mechanism which - central proposition, from the current status quo of China's agricultural insurance pilot areas catastrophe risk diversification mechanism construction, starting with the main problems in the premise of fully absorb and learn from successful practices with advanced experience abroad in other countries and regions agricultural insurance catastrophe risk diversification mechanism proposed general idea and the idea of ??building suitable for China's national conditions and agricultural production characteristics of the agricultural insurance catastrophe risk dispersion mechanism and arrangements for the construction and improvement of multi-level agricultural insurance catastrophe risk diversification mechanism corresponding strategy selection and path. The innovation of this paper is to study from the level of institutional arrangements and policy building ideas and improvement of China's agricultural insurance catastrophe risk spreading mechanism, closely linked to the outstanding contradictions and problems that exist in the current agriculture insurance development process, and on topics from overall to grasp the general idea of ??the construction of China's agricultural insurance catastrophe risk dispersion mechanism on our multi-level, multi-agent, diversified agricultural catastrophe risk spreading mechanism to build and improve the proposed specific strategies and paths. As specific policy agricultural reinsurance operations stage can be divided into specialized agricultural reinsurance companies operating stage put forward China's agricultural reinsurance system is perfect; put forward China's agricultural catastrophe risk protection fund should contain at least the central and local levels, while the two fund raising sources, the use of the direction and mode of operation should all have weight and different, and so on.