Research On The Liability Insurance Of Company Directors

With the rapid development of China's reform and opening up and the market economy,the company will be faced with a variety of potential risks,however,the board of directors,supervisors and senior management personnel in the daily business activities and internal affairs processing will always face some potential risks.The amount of daily business process,management behavior of directors and senior management personnel of the company daily,whether it is for the company's internal or external to the company,can affect the interests of companies and personnel associated with the company,such as shareholders,creditors,customers,investors and even ordinary people.With the acceleration of China's market economy,directors liability insurance system came into being in the reality of economic and social development condition,after ten years of development,can be said to be much rough,recession,in the face of the socialist market economy to flourish today,it should be said that the acceleration of the liability insurance system development and improvement is imperative.This paper is divided into four parts: the first part is an overview of director liability insurance,this part defines the concept of the directors' liability insurance,introducing the concept of the nature and function of the directors' liability insurance,and the contrast of director liability insurance system;the second part introduces the analysis into the practical value of the liability insurance system in our country,the actual demands of our country and introduced into China;the third part analyzes the current situation of directors liability insurance system in China and Study on the existing problems,including the status of the liability insurance system of our country and the problems of director liability insurance system;the fourth part is for the board of directors liability insurance system in China suggestions,mainly discussed from the macro,meso and micro level.