Core Viewpoint - The introduction of the first commercial comprehensive meteorological index insurance for South American white shrimp farming in Zibo, Shandong Province, aims to mitigate operational risks for local farmers during critical growth periods affected by adverse weather conditions [1][3]. Group 1: Industry Context - The South American white shrimp farming industry in Gaoqing County has begun to take shape, leveraging the ecological protection and high-quality development strategy along the Yellow River [3]. - Low temperatures and insufficient sunlight are identified as significant threats to shrimp growth, with historical data indicating that temperatures below 10°C for 72 hours or less than 3 hours of sunlight over 4 consecutive days can harm shrimp development [3]. Group 2: Insurance Product Features - The newly developed insurance product features real-time protection against abnormal low temperatures and intelligent responses to insufficient sunlight [4]. - The insurance system is connected to local meteorological monitoring, automatically triggering alerts and claims processes when specific weather conditions are met, with compensation reaching farmers' bank accounts within 72 hours, improving efficiency by 80% compared to traditional methods [4]. Group 3: Government Support and Collaboration - Local government departments have expressed strong support for the insurance initiative, collaborating with China Life Property & Casualty Insurance to establish a risk protection framework for the shrimp farming industry [3]. - The Gaoqing County Financial Bureau is actively working to include this insurance in a pilot program aimed at reducing farmers' premium burdens, thereby promoting the expansion and enhancement of insurance products for local specialty agricultural products [3].