Agricultural Insurance Act Article 12
The insurer shall underwrite the risk of agricultural insurance by means of the risk spreading and management mechanism established by the competent authority.The risk spreading and management mechanism specified in the preceding paragraph shall be administered by the Agricultural Insurance Fund established by the competent authority; the risk transferred by the insurer shall be assumed by the foregoing fund, ceded to domestic or foreign reinsurers or handled in the manner prescribed by the competent authority.With respect to the risk spreading and management mechanism specified in the preceding two paragraphs, the competent authority shall, in consultation with the Financial Supervisory Commission, prescribe regulations governing the risk assumption limit or rate, insured amount, insurance premium rate, provisions for various reserve funds and other matters to be complied with.
中文原文 農業保險法第12條
保險人承保農業保險危險，應以主管機關建立之危險分散與管理機制為之。
前項危險分散與管理機制，由主管機關成立財團法人農業保險基金負責執行，就保險人移轉之危險，由該基金承擔、向國內或國外為再保險或主管機關指定之方式為之。
前二項有關危險分散與管理機制之危險承擔限額或比率、保險金額、保險費率、各種準備金之提存及其他應遵行事項之辦法，由主管機關會商金融監督管理委員會定之。
前項危險分散與管理機制，由主管機關成立財團法人農業保險基金負責執行，就保險人移轉之危險，由該基金承擔、向國內或國外為再保險或主管機關指定之方式為之。
前二項有關危險分散與管理機制之危險承擔限額或比率、保險金額、保險費率、各種準備金之提存及其他應遵行事項之辦法，由主管機關會商金融監督管理委員會定之。