Influencing Factors of Agricultural Insurance Demand under the Background of Big Data

The development status of agricultural insurance in China, the overall coverage of crop insurance and forest insurance is still less than 60%. Except for wheat, rice and corn crops, the coverage of other crops is relatively low. The coverage of aquaculture insurance is low, especially the penetratio...

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Bibliographic Details
Published inJournal of physics. Conference series Vol. 1325; no. 1
Main Author Yuping, Wang
Format Journal Article
LanguageEnglish
Published Bristol IOP Publishing 01.10.2019
Subjects
Aquaculture
Crops
Insurance
Insurance coverage
Physics
Product development
China
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Summary:The development status of agricultural insurance in China, the overall coverage of crop insurance and forest insurance is still less than 60%. Except for wheat, rice and corn crops, the coverage of other crops is relatively low. The coverage of aquaculture insurance is low, especially the penetration rate of important animal products such as fat pigs and dairy cows is less than 25%. Emerging products such as weather index insurance, price index insurance and facility agricultural insurance are still in the initial stage of exploration. The supply of agricultural products with local, industrial and functional characteristics is insufficient and it is difficult to meet the diversified protection needs. The investment in insurance product development is relatively insufficient, which reflects the insufficient supply of agricultural insurance products and services in China. This paper comprehensively studies and discusses it.
Bibliography:ObjectType-Article-1
SourceType-Scholarly Journals-1
ObjectType-Feature-2
content type line 14
ISSN:1742-6588
1742-6596
DOI:10.1088/1742-6596/1325/1/012065