Core Viewpoint - Food security is a national priority, and agricultural insurance serves as a stabilizing force for production and supply. The Shandong province city of Dezhou is advancing towards a high-standard farmland goal of "1 mu, 2 seasons, 3,000 jin" as part of a strategic initiative to ensure national grain security. China People's Property Insurance Company (CPIC) Shandong branch is innovating agricultural insurance products and collaborating on risk reduction to support this initiative [1]. Group 1: Agricultural Insurance Product Innovation - CPIC Shandong branch is focusing on supply-side structural reforms in agricultural insurance to meet diverse protection needs for the "ton-and-a-half grain" initiative. The company has developed and promoted over 10 insurance products that cover the entire agricultural supply chain, enhancing the effectiveness of supply through diversification and specialization [3]. - A key innovation is the introduction of a unique yield insurance product aimed at supporting the "ton-and-a-half grain" initiative, which has provided yield guarantees exceeding 10 million yuan for nearly 20,000 mu of staple crops [3]. - The company has created a comprehensive agricultural insurance system that extends coverage to all stages of the supply chain, including land fertility, seed production, harvesting, and storage, addressing the current gap in insurance products that primarily cover mid-stage risks [3]. Group 2: Risk Reduction Practices - To address the risk reduction needs of the "ton-and-a-half grain" initiative, CPIC Shandong branch has launched innovative risk reduction products, such as meteorological index insurance for seasonal weather and rainfall during harvest periods, shifting the focus from post-disaster compensation to pre-disaster prevention and mid-disaster support [4]. - These innovative measures have led to an increase in production capacity exceeding 20 million yuan and have directly improved the efficiency of staple crop production. The coverage rate of comprehensive cost insurance has increased by over 3.5 percentage points, with production capacity enhancements totaling over 8 million yuan [4]. - The company has established a collaborative mechanism for agricultural risk reduction, leveraging its expertise to create an integrated system for prevention, rescue, and reduction, thereby supporting the "ton-and-a-half grain" initiative [6]. Group 3: Implementation and Impact - CPIC Shandong branch is committed to practical risk reduction efforts, significantly minimizing disaster losses through proactive measures. The company has issued over 40,000 disaster weather alerts in 2024, helping farmers prepare for potential risks [6]. - The company has conducted over 10 risk reduction training sessions, enhancing the agricultural management skills of more than 1,000 farmers, and has organized numerous pest control operations to mitigate crop damage [6]. - The comprehensive approach to risk management, combining product innovation and risk reduction, has positioned CPIC Shandong branch as a key player in supporting national food security strategies [7].
人保财险山东省分公司：创新保障体系，夯实“吨半粮”根基