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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 optimize and improve underwriting management. Departments and insurance institutions such as finance, development and reform, agriculture and rural areas, insurance supervision, forestry and grassland have strengthened information exchange to share agricultural production and operation data such as farmland authorization, circulation, target price subsidy area, agricultural product cost surveys, livestock and poultry storage volume, and harmless treatment of sick and dead pigs. Gradually implement the “one household, one order” insurance model. Insurance supervisory authorities guide insurance institutions to formulate precise underwriting standards for agricultural insurance to improve operability. Insurance institutions should strengthen the accurate management of agricultural insurance underwriting, carry out inspection and review of underwriting information, gradually increase the proportion of spot checks and inspection in group insurance businesses, and achieve full inspection of insurance applications by large-scale operators.
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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 optimize and improve underwriting management. Departments and insurance institutions such as finance, development and reform, agriculture and rural areas, insurance supervision, forestry and grassland have strengthened information exchange to share agricultural production and operation data such as farmland authorization, circulation, target price subsidy area, agricultural product cost surveys, livestock and poultry storage volume, and harmless treatment of sick and dead pigs. Gradually implement the “one household, one order” insurance model. Insurance supervisory authorities guide insurance institutions to formulate precise underwriting standards for agricultural insurance to improve operability. Insurance institutions should strengthen the accurate management of agricultural insurance underwriting, carry out inspection and review of underwriting information, gradually increase the proportion of spot checks and inspection in group insurance businesses, and achieve full inspection of insurance applications by large-scale operators.
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