The Analysis On The Development Situation And Suggestions Of Liability Insurance

In the market economy, liability insurance, which has the functions of financial indemnity and social management, is an important measure of social administration by market-oriented mechanism for government. In the west, liability insurance is considered the third and the highest level of the development of the insurance industry. It is the result of the perfection of the national legal system. And it is also a sight that the insurance industry contributes to the development of the society directly.First, this essay tells the importance of the liability insurance and its development situation in China. Then, it analyses the environment of law, policies, society and market that affect the development of the liability insurance. According to the development experience of the liability insurance in Britain, France, Germany and Japan, the essay will analyses it prospect in China, and give suggestions on the development measures.The development strategy. Given the present development situation, environment and the experience of the developed countries, the essay suggests liability insurance give the priority to develop compulsory liability insurance. The government should create favorable environment for the liability insurance, then let it develop under the law of market economy. It is reasonable that introduce new products in large scale after successful experiment at selected points.Development method. Given the constraining factors against the development of liability insurance in China, the essay suggests 7 methods, which are the perfection of the law, the support of policies, the cooperation of relative departments, strengthening insurance regulation, more understanding, development of the enterprise management and more international communication.