Research On Co-insurance System Of Agriculture Insurance In Jiangsu Province

Agriculture is a weak industry. Especially with deep modernization Agriculture is still faced with both nature and the market risks. Therefore, agricultural insurance has been considered as a risk management tool already. Subject to the national policy support and guidance, the Jiangsu Province government contributes a great effort in agricultural insurance and experiences a tortuous development process. Finally, co-insurance system model in agricultural insurance has been established. It manifest that the co-insurance model between government and insurer has been universally received and promoted the development of agricultural insurance in Jiangsu.This paper focuses on the change of Jiangsu agricultural insurance system and introduces the related theories including the institutional change theory, game theory, agriculture and agricultural insurance theory, By the institutional change theory and method, we could see the track, motivation, process, method, way and the direction in the Jiangsu agricultural insurance institution. Subject to the demand and supply in agricultural insurance system, we analyzed constraint conditions of supply and demand and figured out the reason of final choice co-insurance system mode of internal mechanism in agricultural insurance. Meanwhile, it states the process of internal innovation mechanism on Jiangsu agriculture insurance co-insurance based on participating parties (government, insurers, farmers and other related interest groups) in the system innovation activities in the role, organization innovation, management mechanism innovation, the innovation of legal system, financial innovation support, supervision and management innovation and risk management.This study is divided into six sections:The first section, introduction. This section states the research background, research purpose and significance. The writer reviews and comments the domestic and international research literature. And including the institutional change theory, game theory, agriculture and agricultural insurance theory etc. Therefore, it is the theoretical foundation of following sections.The second section, the evolution of Jiangsu agricultural insurance system. This section reviews the history of institutional establishment and development in Jiangsu agricultural insurance system in the historical perspective, According to the key nodes and bifurcation point of vicissitude, Jiangsu agriculture insurance system evolution has been divided into several interrelated several historical stages. Then it discusses effect of vicissitude in Jiangsu agricultural insurance. The third section, the establishment of co-insurance mechanism in Jiangsu agriculture insurance This section analyses the influence factors of supply and demand in Jiangsu agriculture insurance accordingly with system of agricultural insurance demand and supply. Then through the correlation analysis between the institutional environment and the institutional supply and demand of agricultural insurance, it states the cause co-insurance system establishment in Jiangsu agriculture insurance.The fourth section, the innovation of co-insurance system mechanism in Jiangsu agriculture insurance. This section states innovation mechanism of co-insurance system internal in Jiangsu agriculture insurance accordingly with participating parties (the government, insurers, farmers and other relative groups) in the system innovation activities in the role, organization innovation, management mechanism innovation, the innovation of legal system, financial innovation support, supervision and management innovation and risk management. It is considered as a constructive role in reform and development of agricultural insurance in Jiangsu province.The fifth section, the research conclusion and recommendations.Subject to the system analysis in the above sections, here states co-insurance system deficiencies in the current Jiangsu agricultural insurance and suggest how to construct co-insurance system in Jiangsu agriculture insurance,...