Zhanjiang Finance Bureau of Guangdong Province recently announced that in 2021, the premium income of policy agricultural insurance in Zhanjiang reached 791 million yuan (including agricultural reclamation areas), with a year-on-year increase of 53.46%. The premium scale ranked first in the province, providing risk protection for farmers with 14.741 billion yuan and compensation expenditure of 502 million yuan, providing a solid guarantee for serving the city's food security and helping rural revitalization.
According to the announcement, the depth of agricultural insurance in Zhanjiang will increase from 0.48% in 2019 to 1.23% in 2021, and the density of agricultural insurance is expected to increase from 146.18 yuan / person to 432 yuan / person, basically completing the annual goal and task. Policy based agricultural insurance should ensure that farmers "are willing to protect and should protect". For example, in 2021, after Zhanjiang's agriculture was continuously traumatized by "lion mountain" and "compass" typhoons, relevant departments and underwriting institutions responded at the first time, cooperated with each other and accelerated the compensation. 7437 mu of agricultural land of 44 farmers received 1.18 million yuan of post disaster risk compensation in time, which effectively improved the ability of individual farmers to resist disaster risks and played an important role in post disaster reconstruction.
The announcement also mentioned that in 2021, the subsidy fund for agricultural insurance premium of Zhanjiang City issued by the central government was 214 million yuan (including policy agricultural insurance and forest insurance), with a year-on-year increase of 119.4%, and the annual agricultural insurance premium amount of the central government realized a balance. From 2020 to 2021, Zhanjiang municipal finance has arranged a total of 83 million yuan of policy agricultural insurance subsidy funds, of which 60 million yuan of supporting project reserves were arranged in full in 2021, with a year-on-year increase of 261%, which has been distributed to all counties (cities and districts). In the financial support characteristic advantage Shenzhen Agricultural Products Group Co.Ltd(000061) brand construction mode innovation project, 4.65 million yuan was arranged to support the characteristic Shenzhen Agricultural Products Group Co.Ltd(000061) development of pineapple in Xuwen County. In addition, in 2021, the actual financial settlement and allocation of Zhanjiang Agricultural insurance premium at all levels was 255 million yuan, including 670000 yuan of agricultural insurance premium subsidy in 2019, 89.88 million yuan of agricultural insurance premium subsidy in 2020 and 165.31 million yuan of agricultural insurance premium subsidy in 2021, laying a solid guarantee foundation for promoting the high-quality development of policy agricultural insurance in Zhanjiang.