According to data released by the State Financial Supervision and Administration today, in the first half of this year, China ranked first in the world in terms of agricultural insurance premiums, providing risk protection of 3.31 trillion yuan. Data show that in the first half of 2026, the country's agricultural insurance premium income was 109.3 billion yuan, providing risk protection of 3.31 trillion yuan for 83 million sub-farmers. In the first half of the year, China's agricultural insurance paid 46 billion yuan in compensation to affected farmers, benefiting 15.97 million farmers. Food crop insurance in the planting industry has paid 8.9 billion yuan in compensation; farming insurance has paid 25.77 billion yuan in compensation, of which 13.58 billion yuan has been paid by pig insurance, an increase of 18.4% over the previous year.

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