Three departments: Regularly adjust the insurance rates for breeding sows, fattening pigs, and other related categories, with the adjustment cycle generally not exceeding three years.

The General Administration of Market Regulation, the Ministry of Finance, and the Ministry of Agriculture and Rural Affairs issued a notice on strengthening cooperation to promote high-quality development of pig insurance. It specifies that rates should be adjusted periodically. Localities should establish a dynamic adjustment mechanism for pig insurance rates, reasonably determining insurance premiums based on operational conditions, disease incidence, and other factors. Insurance rates for breeding sows, fattening pigs, and other categories should be adjusted regularly, with the adjustment cycle generally not exceeding three years, to enhance the sustainability of the insurance products. Insurance companies should implement actuarial requirements for agricultural insurance and improve the accuracy of pig insurance pricing. Relevant costs should be reasonably determined. Insurance companies should continuously strengthen pig insurance management, keeping the comprehensive expense ratio within a reasonable range. Localities should reasonably determine co-operation fees according to principles of fairness and justice. Insurance companies must lawfully, compliantly, and truthfully allocate co-operation expenses to qualifying co-operation units (or personnel) based on actual costs.