Assumption Of Agricultural Catastrophe Insurance Fund In China

The biggest risk of the agriculture manufacture in our country is the huge economic losses which is caused by the agricultural catastrophe. The establishment of agricultural catastrophe insurance fund is importanct significance for distributing of agricultral catastrophe, improving the underwriting capacity of agritcultural insurance, developing the agricultural technology, and guarantee rural economic stability and development as the einrichtungsgarantie which can distribute the agricultural catastrophe.Agricultural catastrophe insurance fund is formulated by all the government, financial market, underwriter, the public participation and so on. And agricultural catastrophe insurance fund is a special fund, which can prevent excess compensation risk of government or insurance company caused by agricultural catastrophe. The enthusiasm of the existence of agricultural catastrophe insurance fund is not only in the loss compensation after a disaster, but also in the financing ability before a disaster, which can improve the effect of compensation on catastrophe losses and the counterdisaster capacity.In2005, the China insurance regulatory commission first put forward the agricultural catastrophe insurance fund. For a few years, a lot of provinces actively explore the operation modes of the agricultural catastrophe insurance fund pilot and have made some achievements. Meanwhile, there are many problems appear following the expansion of the pilot extant. Such as the lack of the perfect legislative safeguard, the lack of financial support, the single source of fund, the lack of the regular management institutions and so on. And these problems largely restricts the development of agricultural catastrophe insurance fund in our country.At the basic of the research on the related theories and the main literature in domestic and abroad, the paper makes the agricultural catastrophe insurance fund as the research object and states the concept, nature and characteristics of agricultural catastrophe insurance fund. And the paper further analysises the problems which exsit in the agricultural catastrophe insurance fund pilot in our country at the basic of the theories concluding the information asymmetry theory, game theory, market failuer theory, welfare economics theory and the new system of economic theory and so on. And then the paper put forward relevant policy suggestions for the establishment of agricultural catastrophe insurance fund in all of our country accodring to the comparison of the experience of the main countries which have the success in the agricultural catastrophe insurance fund and combines with the actual situation in our country.