The Research On The Development Of Agricultural Insurance In Hunan Province

Agriculture is the basic industry supporting human production and life,and also the foundation of national economic development.The stability of agricultural production is related to the national economy and the people’s livelihood.However,agriculture will face the double risks of nature and market in the production cycle,which will directly affect the stable development of agricultural production and the improvement of farmers’ living standards.Agricultural insurance is an important means of market-oriented risk management and social management.It can not only effectively disperse the risks of natural disasters faced by agricultural production,provide post disaster compensation funds for farms and farmers suffering from natural disasters to restore production and life,but also improve the ability of agriculture,rural areas and farmers to prevent disasters and losses through disaster prevention and loss prevention.At the same time,agricultural insurance plays a very important role in increasing farmers’ income,maintaining the stability of the agricultural product market,supporting agricultural development and ensuring national food security.Hunan Province is a major agricultural province and one of the major grain producing regions in China.However,because of its environment and geographical location,Hunan has been plagued by natural disasters and other uncertain factors for a long time,resulting in unstable agricultural production and affecting farmers’ income.In recent years,the agricultural insurance in Hunan Province has a good development momentum.This paper takes the development level of agricultural insurance in Hunan Province and its influencing factors as the research object,aiming to study the regional differences and influencing factors of the development level of agricultural insurance in various cities in Hunan Province.The main research contents of this paper are as follows:(1)Review and analysis of relevant theories.Introduce the relevant theories of developing agricultural insurance,determine the theoretical basis and relevant ideas.(2)Analysis of the current situation and problems of agricultural insurance in hunan province.From the perspectives of premium income,insurance depth and density,insurance payout ratio,insurance varieties and government policy support,this paper comprehensively analyzes the development status and existing problems of agricultural insurance in Hunan Province.(3)The influencing factors of the development level of agricultural insurance.Referring to previous research results,the panel data of various cities in Hunan Province from 2011～2020 are used to conduct regression calculation on the influencing factors of agricultural insurance development in Hunan Province using relevant indicators to explain the influencing factors.(4)On the basis of theoretical research and empirical analysis,this paper puts forward targeted policy recommendations to promote the development of agricultural insurance in Hunan Province.