Abstract: The Taihu Basin is currently one of the most developed areas in China.However,The flood hazards in this basin is severe and frequent because of its special physical and economic situation.As one of the most important components of nonstructural measures,flood insurance plays an important role in eco- nomic recovery after flood disaster.It is therefore necessary to develop flood insurance in the Taihu Basin as soon as possible.At the same time,the application of flood insurance in the Taihu Basin will also provide valuable experiences for flood insurance throughout of the country. Finally, based on the studies abort flood insurance both at home and abroad, the proposes some idea and the concrete steps for practicing flood insurance.

Key words: Changjiang delta, flood disasters, flood insurance, flood risk, the Taihu Basin, Changjiang delta, flood disasters, flood insurance, flood risk