Abstract:

【Objective】 Products for agro-meteorological index of rice crop insurance were designed to provide technical support for sustainable development of policy-guided agricultural insurance. 【Method】 By means of the correlations between the reduction of rice production and weather factors as well as atmosphere circulation index, a model of reduction of rice output was established. Using meteorological data, the probability of risk in rice reduction at different levels was calculated through beta, and the rates and premiums of insurance were determined. Synthesizing the advantages of products and weather index insurance, the insurance products would be designed. 【Result】 Calculating the risk rates of rice yield reduction, the deducible amount was 7.5% in the 18 coastal counties of Taizhou, Zhoushan and Ningbo, 5.0% in 16 counties such as Lanxi and 2.5% in 34 counties in Jiaxing. According to the calculus of probability and the model of rice yield loss, the plan and the contracts of rice agro-meteorological index insurance products were designed. 【Conclusion】 Agro-meteorological index crop insurance is an innovation meeting the requirements of insurance operations in China. Using the techniques of rice production forecast, determining the damages by means of real meteorological data, the shortages such as low efficiency, high costs and low accuracy would be cut greatly in agricultural insurance operations. It is good to reduce the anti-selection and promote the constant development of agriculture insurance.

Key words: rice, agricultural insurance, agricultural meteorological insurance index, design