浅论或有资本在农业巨灾损失融资中的运用

本文以保险公司面临的农业巨灾损失风险出发点,首先讨论了经营农险的保险公司运用或有资本工具管理农业风险的必要性;其次,在系统介绍或有资本工具的特点及其运行流程的基础上,提出了保险公司运用或有资本工具管理农业巨灾风险的关于或有资本契约的期限和执行条件的设想;最后,本文提出了构建我国或有资本市场所需的外部条件的建议,包括资本市场的完善,培养专业人才,健全我国巨灾风险管理方面的中介服务机构,以及加快建设关于或有资本工具的法律法规。

The paper analyzed the risk of the agricultural catastrophe loss facing the insurance company as the starting point. Firstly, the author discussed the necessity of the application of the contingent capital in the management of the agricultural catastrophic risk. Secondly, we put forward the assumption of the time limit and the executive conditions based on the characteristics of the contingent capital and the agricultural risk. Finally, the au- thor proposed to build the external conditions required for the contingent capital market, including perfecting cap-ital market, training professional talents, establishing and perfecting the intermediary service organization of the management of agricultural catastrophe risk, and building the laws and regulations of the contingent capital.