Financial Market,Government Behaviors and Establishment of the Agricultural Catastrophe Fund—Based on the Analysis of “Structured Fund” Theory

China is prone to natural disasters,therefore it is an urgent task to complete China's agricultural catastrophe insurance support system. There has long been an academic consensus that the perfect interfacing of catastrophe insurance,financial markets and government strength is crucial for the effective functioning of catastrophe insurance system. Among all kinds of agricultural catastrophe insurance support systems,the specialized agricultural catastrophe insurance fund can achieve the above purpose throughstructuralization. The paper made a comparative analysis of the traditional agricultural catastrophe insurance support system. Then,based on the theory ofstructural funds,it proposed to build the basic framework of agricultural catastrophe insurance fund with government guidance and financial market support.