Analysis of the main interests of agricultural insurance main body based on the perspective of evolutionary game

The CPC Central Committee Document No. 1 several times in the State Department stated that we will steadily push forward agricultural insurance policy the experimental work to speed up the development of various forms, multi-channel agricultural insurance. Agricultural insurance, however, due to natural disasters, leading to high-risk nature of the wishes of farmers and insurance companies, low purchase and show a high rate of “effective demand is insufficient, insurance products is in short supply” situation, the effectiveness of the agricultural insurance, risk compensation cannot fully achieve. In this paper, under the condition of bounded rationality analytical framework of evolutionary game model, from the farmers, insurance companies and mutual relations between the government proceed to analyze how to revise its strategy between the three options in order to achieve a balanced process. Then according to the balanced game model solution, we propose some policy recommendations to optimize the level of three well-beings.