Research status quo and development trend analysis of flood insurance

The paper comments on the domestic and international scholar's researches in such aspects as insurance policy of the flood, system, simulation model and data base management. In the meantime the problem and development trend of the flood insurance in the flood storage and detention areas are discussed. This paper proposes studying the relations between flood insurance policy and the rational land use, flood diversion loss reduction, etc.; establishing insurance loss risk model to predict flood insurance loss and to simulate insurances loss distribution. Hereby the flood insurance premium is calculated and the distribution law of surplus process is derived according to accumulation mode of the flood insurance fund to check insurer's solvency and adjust the insurance tactics in good time.