The Problem and Corresponding Measures in the Development Process of Our Country's Directors' and Officers' Liability Insurance Market

Now there are three obstacles in the development process of our country's directors' and officers liability insurance market:1.The legal foundation for directors' and officers' liability insurance is not enough;2.The legal system of civil compensation liability of director is not perfect,which makes the director and officer despise the management hazard;3.There are many problems in the clauses of directors' and officers' liability insurance contract,which makes it very difficult to meet the need of our country.So,to promote the development of our country's directors' and officers' liability insurance market,we should settle the above three problems radically.