The Flood Insurance Pattern In China

Flood brings great losses to our country, but the subsidy for disaster is too little for rebuilding. According to the flood risk management experience of foreign countries, it is one of the effective mechanism that carrying on the flood insurance system to compensate the disaster victims. If we want to launch flood insurance successfully, the first task is to build up a battery of flood insurance patterns suitable to the circumstances of our country.Firstly, the paper did some research on the relevant theories, including the concept and features of flood risk, flood insurance, flood insurance pattern, etc. Under the conduction of theories, think about all the existing catastrophe insurance patterns, including National Flood Insurance Program of the USA, commercial flood insurance pattern of the UK, and some othe catastrophe insurance patterns such like the earthquake insurance in Japan and agricultural insurance in France. In the meantime, combined with the experiences of flood insurance trials in our country during recent 20 years, the paper summarizes all the catastrophe insurance patterns available in the world to four categories, they are the commercial catastrophe insurance pattern, the cooperative supporting by governmer t manages catastrophe insurance pattern, the government causative and the commercial insurance companies manage catastrophe insurance pattern, the government holds and manages catastrophe insurance pattern. And then, the paper studied all the patterns above from the aspects of fund source, assuming manner, the extent of the government participating in the flood insurance, and so on. Afterwards, on the basis of analyzing the environment of ecnomy, policy, technology and willingness of denizen participating in flood insurance, the author consulted the experience of the former, established the flood insurance pattern of "according to different regions and stages, the government is in charge, and the commercial companies participate little by little". The new established flood insurance pattern is preliminarily identified and confirmed by the fuzzy comprehensive evaluation.