保险业在乡村振兴中大有可为

Core Viewpoint - The China Banking and Insurance Regulatory Commission (CBIRC) has issued a notice to enhance the role of the insurance industry in supporting rural revitalization, focusing on tailored insurance products for urban migrant farmers and improving agricultural insurance coverage [1][2]. Group 1: Insurance Industry's Role in Rural Revitalization - The notice emphasizes the need for insurance companies to develop specialized products that cater to the financial needs of urban migrant farmers and enhance agricultural insurance levels, including full cost insurance and income insurance for major grain-producing areas [1]. - The insurance sector has made significant contributions to poverty alleviation and food security, with agricultural insurance providing risk coverage for 178 million farming households, amounting to 4.72 trillion yuan by the end of 2021 [1]. - The supportive policies from the central and local governments have played a crucial role in promoting the development of rural insurance services, leading to a more regulated and healthy growth environment [1]. Group 2: Future Directions and Challenges - The CBIRC's recent notice outlines specific service goals and tasks for the insurance industry in rural revitalization, including exploring new insurance products for local agricultural specialties and fully covering costs for sugarcane and income insurance [2]. - The notice calls for improvements in insurance underwriting and claims services, adhering to principles of comprehensive coverage and prompt claims processing, indicating that the insurance sector will face new opportunities and challenges as rural revitalization progresses [2]. - The central government's recent directives highlight the importance of establishing an insurance guarantee system that aligns with the new developments in rural revitalization, prompting insurance institutions to prepare for these changes [2].