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The Ministry of Finance issued the “Implementation Plan on Accelerating the High-Quality Development of Agricultural Insurance”. Among them, it is proposed to strengthen selection management. According to the principle of moderate competition, agricultural insurance underwriters are reasonably determined based on service capabilities and risk control capabilities. Each province determines the number of insurers in an integrated manner based on factors such as the size of premiums. Once determined, the insurer should remain relatively stable, and the service is generally valid for no less than 3 years. Conduct performance evaluations of insurers, strengthen the application of performance evaluation results, and do a good job of dynamic adjustment of underwriters. Carefully evaluate the agricultural insurance market environment and service capabilities of insurance institutions, strengthen management of operating qualifications, and optimize entry and exit mechanisms.
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The Ministry of Finance issued the “Implementation Plan on Accelerating the High-Quality Development of Agricultural Insurance”. Among them, it is proposed to strengthen selection management. According to the principle of moderate competition, agricultural insurance underwriters are reasonably determined based on service capabilities and risk control capabilities. Each province determines the number of insurers in an integrated manner based on factors such as the size of premiums. Once determined, the insurer should remain relatively stable, and the service is generally valid for no less than 3 years. Conduct performance evaluations of insurers, strengthen the application of performance evaluation results, and do a good job of dynamic adjustment of underwriters. Carefully evaluate the agricultural insurance market environment and service capabilities of insurance institutions, strengthen management of operating qualifications, and optimize entry and exit mechanisms.
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