Shanxi's first policy -based pig "Insurance+Futures" project completed underwriting

Xinhua News Agency, Taiyuan, August 9th (Reporter Wang Jinyu) Datong Agricultural and Rural Bureau, Shanxi Province, United Pacific Property & Casualty Insurance Datong Center Branch implemented in the ten counties and districts of Datong City."Recently, it has been completed. This is Shanxi's first policy of" insurance+futures "project in the city.

Policy pig "Insurance+Futures" project helps to solve the risk of large fluctuations in the price of pigs and provide protection for pigs to stabilize the production insurance.Through providing policy support or financial support to farmers participating in related projects, the project has achieved targeted assistance to the "agriculture, rural areas, and rural areas," to maintain stability to maintain the pig market, increase the willingness of breeding, enhance the expectations of farmers, and ensure a positive role in promoting pig prices.

It is reported that this project provides 295 million yuan in risk protection for 161,200 fattening pigs in 466 farmers in ten counties and districts in the city under the jurisdiction of Datong City, achieving a total premium of 12.4831 million yuan.

[Editor in charge: Liu Xiaodong]

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