Study On China's Environmental Liability Insurance System

With the social civilization and technology progress, human intervention to natural ismore and more. Environmental pollution has become a serious problem faced by countries inthe world. Actively exploring effective way to solve the problem of environmental pollutioncompensation has become urgent task. Environmental liability insurance is a kind ofimportant system that is used to solve the problem of environmental damage compensation bysocial approach. The practices of States have also proved that environmental liabilityinsurance system plays an important role in balancing the Interest relationship among theinsurer, the insured and victims. Therefore establishing and improving environmental liabilityinsurance system which is suitable for China is of great significance. Now the research aboutenvironmental liability insurance in theory is still weak. And in practice, the environmentalliability insurance pilot is not ideal. Drawing on foreign advanced experience, building andimproving environmental liability insurance system which is suitable for China is animportant issue to promote China's economic and social sustainable development.Based on this, the article describes the concept, characteristics, types, functions and basictheories about environmental liability insurance. Analyze our country legislation and practicesituation. Author thinks environmental liability insurance system in China there are manyproblems, for example, the legal system is not perfect, premium rate is too high, insurancecoverage is limited, insurance is lack of mandatory, government support is inadequate and soon. Learn the legislative and practice experience from the United States, Germany and othercountries, China should improve environmental liability insurance system focused thefollowing aspects. First, choose the appropriate insurance model in which Mandatoryinsurance is primary and any insurance is complementary. Second, set up different insuranceagencies according to the different types of pollution. Third, expand the environmentalliability insurance coverage. Fourth, clear the situations that insurance company is notresponsible for. Fifth, clear the limit of compensation and claims time about environmentalliability insurance.