日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Home  >   Biz Updates

Agricultural insurance shelters farmers in grain belts

( Xinhua )
2012-11-23

HARBIN - China's fledgling agricultural insurance sector has buffered farmers against greater losses after hail, pest outbreaks and a massive typhoon hit China's breadbasket, the northeastern provinces of Heilongjiang and Jilin, a local official said Thursday.

"Agricultural insurance has proven instrumental in transferring risks and stabilizing farmers' income," said Liu Feng, director of the Heilongjiang Provincial Insurance Regulatory Bureau.

Zhang Chuanxin, a farmer in Heilongjiang province, received 3,747 yuan ($595) from his insurer for hundreds of cornstalks crushed by Typhoon Bolaven.

"It's not big money, but better than nothing," Zhang said as he lined up with about 600 farmers in the school playground of Xinmin village to claim their compensation.

In Jilin province, Anhua Agricultural Insurance, a national crop insurer, said it has offered 192 million yuan in compensation to 451,900 families.

Agricultural insurance policyholders have mushroomed in recent years as China rolled out subsidy packages for the agricultural sector, which involves half of China's population.

Agricultural insurance, serving as a safety net, increases farmers' ability to manage risks and enables them to devote more resources toward higher-quality agricultural inputs, including farming equipment and seeds.

The Chinese government now shoulders 80 percent of agricultural insurance premiums. In Heilongjiang, every yuan paid by a farmer is subsidized by 0.75 yuan from the county government, 1.25 yuan from the provincial government and 2 yuan from the central government.

From 2007 to 2011, China's central government budget spent 26.4 billion yuan on agricultural insurance subsidies, according to the China Insurance Regulatory Commission.

"These subsidies have made agricultural insurance premiums affordable for a large group of farmers and have led to rapid growth in the Chinese agricultural insurance market," according to a report by Swiss Reinsurance Company (Swiss Re), one of the world's largest reinsurers.

For instance, agricultural insurance in Heilongjiang now covers almost half of the farmland in the province, but two years ago, only about 30 percent was insured, according to Heilongjiang Provincial Insurance Regulatory Bureau.

The Swiss Re report commended China's efforts to develop a robust agricultural insurance industry, saying the country's use of agricultural insurance as an incentive for expanding production sets a good example for other emerging markets that lack such a framework.

China is the second-largest agricultural insurance market in the world after the United States, according to a report by the Food and Agriculture Organization of the United Nations in December 2011.

However, Chinese farmers say the money paid by insurance companies is still not enough to offset their losses. Usually, insurance compensates only a portion of farmers' losses, like money spent on seeds and fertilizers.

"Compared with what I can get in a smooth harvest, the compensation is far from enough," said Zhang, the farmer.

The State Council, China's Cabinet, announced new regulations on agricultural insurance last Friday, pledging to continue subsidizing insurance premiums and supporting insurers with tax benefits.

According to the regulation, which will take effect from March 2013, the state will establish a mechanism -- with funding support from the government -- to mitigate risks insurers face in major natural disasters.

Insurance company executives in Heilongjiang said at a previous press briefing that payments for damage from hail, an outbreak of pests and a powerful typhoon have seriously dampened their companies' profit perspectives this year.

On most occasions, losses can be absorbed by the insurance companies themselves, said Li Dan, an associate professor in insurance at Northeast Agriculture University.

However, catastrophic losses resulting from worst-case scenarios may overwhelm their financial strength, Li added.

主站蜘蛛池模板: 91麻豆精东果冻天美传媒老狼 | 日韩免费观看视频 | 国产精品色 | 国产成人精品久久二区二区91 | 久久高潮| 久久久久久久久久综合 | 2022国产成人精彩在线视频 | 久久aⅴ乱码一区二区三区 日韩精品一区二区在线观看 | 欧美精品人爱a欧美精品 | 99国产精品2018视频全部 | 国产精品精品视频一区二区三区 | 成人一区二区三区在线观看 | 一区二区三区高清视频在线观看 | 波多野结衣在线网址 | v11av在线播放 | 亚洲国产中文字幕在线观看 | 日韩欧美一区二区三区四区 | 福利视频在线免费观看 | 蜜桃日韩 | 国产精品999 | 在线观看av网站永久 | 污视频在线免费观看 | 欧美一区视频 | 91视频首页 | 天天噜日日噜夜夜噜 | v片在线播放| 亚洲精品国产精品国自产在线 | 一区二区在线 | 激情五月婷婷色 | 免费大香伊蕉在人线国产 | 国产精品成人观看视频国产 | 国产一卡二卡三卡 | 欧美色综合天天久久综合精品 | 香港三级网站 | 四影虎影ww4hu55.com | 99在线精品免费视频九九视 | 久久久久久全国免费观看 | 2019中文字幕在线播放 | 天天操操 | 中文二区| 999热在线精品观看全部 |