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An Analysis of the Catastrophic Risk Diversification Mechanism for Agricultural Insurance
The "Decision" of the Third Plenary Session of the 18th CPC Central Committee proposed improving the insurance economic compensation mechanism, establishing a catastrophe insurance system, and improving the agricultural insurance system. The catastrophic risk diversification mechanism in agricultural insurance operations is an indispensable institutional element and important component of the agricultural insurance system.
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The key to cracking the aquaculture insurance problem lies in fiscal subsidies and catastrophic disaster relief
In recent years, coastal areas such as Fujian and Zhejiang have frequently been hit by natural disasters such as typhoons and red tides, dealing a heavy blow to fishery production. After a disaster, it is very difficult for fishermen to resume production relying only on government relief. How to give play to the function of mutual insurance and rely on the market to promote the steady development of fisheries
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CATAS innovates unceasingly for 60 years, providing strong support for modern agriculture in tropical regions
This year's mango harvest is again a bumper one, thanks to CATAS. Without CATAS, there would be no Panzhihua mango industry! Recently, Zhong Fangxiang, head of Ruihua Agricultural Development Co. in Panzhihua City, Sichuan Province, arrived dusty from his journey at the South Asian Tropical
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Typhoon Kalmaegi Strikes: CATAS Actively Fights Back and Deploys Post-Disaster Self-Rescue
Web News This year's No. 15 super typhoon Kalmaegi made landfall at 9:40 on September 16 in Wengtian Town, Wenchang, coinciding with Hainan's astronomical high tide, bringing severe disasters to the cities and counties in northern and western Hainan Province, with many areas flooded due to seawater intrusion. The Danzhou campus of the Chinese Academy of Tropical Agricultural Sciences
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Agricultural insurance paid out 74.4 billion yuan in 7 years; a catastrophe risk diversification mechanism urgently needs to be established
Since the first pilot in 2004, agricultural insurance has now been developing for more than 10 years. Data released by the China Insurance Regulatory Commission on August 28 show that over the 7 years from 2007 to 2013, China's agricultural insurance cumulatively provided 4.07 trillion yuan in risk protection and paid 7
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How can catastrophe insurance create synergy? Multi-party participation is key
Since the beginning of this year, natural disasters such as typhoons, floods and storms have taken turns wreaking havoc across many provinces in China, making the establishment of a catastrophe insurance system all the more urgent. According to the latest requirements of the State Council executive meeting, China's catastrophe insurance relief system will shift from the current government
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El Niño to hit at year's end, need to guard against catastrophic floods similar to 1998
This year's end El Niño must be guarded against to prevent the "1998 flood disaster"
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Japanese nuclear disaster victims say the catastrophe is still ongoing, and contaminated soil and nuclear-affected food pose risks
Who says Japan's nuclear disaster caused no deaths or injuries? Victims: The disaster is still ongoing, contaminated soil has no solution, and nuclear-affected food carries risks
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(Exclusive) Puli bees die en masse, tens of millions dead; betel nut flowering season hit by catastrophe for three years running; beekeepers flee and rage at government inaction (2019)
(Exclusive) Puli bees die en masse, tens of millions dead; betel nut flowering season hit by catastrophe for three years running; beekeepers flee and rage at government inaction (2019)
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