Research Of D&O Liability Insurance

In the modern market economy conditions, directors, managers and other operators of the risks, obligations and responsibilities have increased. Modern management of the company as an indispensable mechanism for risk diversification, the D & O liability insurance on the overall positive economic and social significance of a more than any other insurance. The D & O liability insurance will not only protect the investors and the legitimate interests of creditors, but also effectively defuse the directors and senior management of legal risks, thereby stimulating directors and senior management staff operating capacity. At present, the D & O liability insurance in China is still fresh things, in the theoretical circle, liability insurance for directors involved in the insured person can be insured risks, director of negligent acts, the principle of liability, exclusions, such as the burden of an insurance premium Series fundamental problems are not in-depth and maturity study. We should as much as possible based on our existing legislation, and in light of China's reality, draw, absorption, and the legislative achievements transplant abroad and practical experience, in line with China's national conditions so as to establish the mechanism of the D & O liability insurance.Apart from the introduction and conclusion of this paper is divided into four parts. The first part is a summary of the D & O liability insurance; liability insurance directors explained the meaning, value, type, the insurance so that we have a basic understanding. The second part focuses on the D & O liability insurance covered by the insurance for certain legal analysis, including directors of legal status, obligations and responsibilities. The third part is at home and abroad the status of director liability insurance and analysis focused on the development of China's the D & O liability insurance status and the reasons for the lag in-depth and detailed analysis to make the back of improved measures targeted. Construction of the fourth part of the liability insurance system specific measures, from the subject matter of insurance, the insured person, misconduct, the loss of the premium burden and responsibility, except a few areas, such as the comprehensive and in-depth discussion. Believe that, as the theory of increasingly improved insurance and the insurance market continues to mature, the D & O liability insurance will become China's insurance market, one of the great vitality of the insurance, and will also provide the company's operating effectively to spread the risks and protect the interests of ways, so as to the development of the market economy and provide a strong protection.