On July 20, 2018, the FSC approved Taiwan Fire & Marine Insurance’s Pingtung Area Typhoon Wind Speed and Rainfall Parameter Wax Apple Insurance and Taiwan Fire & Marine Insurance’s Pingtung Area Typhoon Wind Speed and Rainfall Parameter Wax Apple Insurance Temperature Parameter Additional Insurance; on August 7, 2018, the FSC approved the South China Insurance’s Pingtung Area Wind Speed and Rainfall Parameter Papaya Insurance and South China Insurance’s Pingtung Area Wind Speed and Rainfall Parameter Papaya Insurance Greenhouse and Net House Additional Clause . The parameter payout basis can simplify the claim process and increase claim efficient to help farmers shift natural disaster risk that they may face due to climate abnormality. In light of the abnormal climate in recent years, the frequency and size of agricultural industry losses were high and huge over the years, so the FSC is assisting the Council of Agriculture, Executive Yuan to promote trial agricultural insurance to disperse agricultural operating risks through the insurance mechanism.