Core Viewpoint - The article highlights the innovative financial support models for agriculture, specifically focusing on the marine economy, with China Life Insurance Group's marine ranch insurance model being recognized as a benchmark in the industry [1]. Group 1: Financial Innovation in Marine Economy - The Ministry of Agriculture and Rural Affairs organized a selection of innovative financial support models for agriculture, identifying "Top Ten Innovative Models" and "Top Ten Typical Cases" [1]. - China Life's marine ranch insurance model was selected due to its technological empowerment, risk reduction, and industry collaboration advantages [1]. Group 2: Establishment of Specialized Institutions - China Life established the Blue Insurance Development Center and Marine Data Research Institute in Weihai, Shandong, in July 2024 to enhance insurance services for marine ranches [2]. - The center's functions include policy research, talent training, product development, financial service innovation, risk monitoring, and service promotion [2]. Group 3: Product Innovation and Risk Management - The company is focusing on product innovation to address traditional insurance challenges, developing various index insurance products based on weather and marine ecology [3]. - Collaborative efforts with Guangfa Bank have led to a comprehensive service model combining insurance and credit, providing tailored financial solutions for marine ranch operators [3]. Group 4: Expansion of Service and Product Offerings - In 2024, the insurance service area expanded to nine provinces, covering 580,000 acres, with a year-on-year growth of 38.49% [4]. - The company developed multiple insurance products, including income insurance for various marine species, creating a multi-layered and comprehensive product system [4]. Group 5: Talent Development and Risk Reduction - The Blue Insurance Center has recruited 12 professionals to support innovation and service expansion in marine insurance [5]. - The implementation of a smart service model in Rizhao, Shandong, has helped local aquaculture operators enhance risk resilience through tailored insurance solutions [5]. Group 6: Future Directions - China Life aims to deepen supply-side reforms in marine insurance, focusing on smarter risk management tools, improved protection systems, and efficient financial services to support national strategies [5].