2013•Journal of Huaihai Institute of TechnologyRequires access

Improving the Liability Insurance to Resolve Social Risks

FU Chun-hon

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Abstract

Liability insurance,as an effective means to resolve social risks,has been widely used in the world.There are some problems in the system of liability insurance in China,such as the lack of the policy holder's will,the weak innovation of the insurer and the insufficiency of the support from the government. Therefore,to promote the rapid development of liability insurance and harmonious stability of the Chinese society,the methods should be implemented,including the government's leading role in the practice,the insurance business innovation,the stronger risk management awareness of the enterprise and the establishment of the social security information system

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What this paper is about

Liability insurance,as an effective means to resolve social risks,has been widely used in the world.There are some problems in the system of liability insurance in China,such as the lack of the policy holder's will,the weak innovation of the insurer and the insufficiency of the support from the government. Therefore,to promote the rapid development of liability insurance and harmonious stability of the Chinese society,the methods should be implemented,including the government's leading role in the practice,the insurance business innovation,the stronger risk management awareness of the enterprise and the establishment of the social security information system

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Available abstract

Liability insurance,as an effective means to resolve social risks,has been widely used in the world.There are some problems in the system of liability insurance in China,such as the lack of the policy holder's will,the weak innovation of the insurer and the insufficiency of the support from the government. Therefore,to promote the rapid development of liability insurance and harmonious stability of the Chinese society,the methods should be implemented,including the government's leading role in the practice,the insurance business innovation,the stronger risk management awareness of the enterprise and the establishment of the social security information system

Key concepts: Liability insurance, Business, Liability, Government (linguistics), Actuarial science, Risk management, Casualty insurance, Business interruption insurance

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