With the arrival of the "Strong Responsibility Era" in China's Capital Markets, multi-million fines and hefty compensation events are frequent, sounding the alarm for directors and executives to exercise caution in their roles. To transfer the risks associated with management responsibilities, more and more enterprises are turning to Insurance for assistance, leading to the visibility of Directors and Officers liability insurance. According to Statistics from journalists, over 400 listed companies have publicly released plans for Directors and Officers liability insurance purchases this year, reaching a historic high in the number of policies bought, even non-listed companies have begun to join the purchasing ranks. (Securities Times)
董监高责任险投保升温,高管对冲“无心之失”有了安全垫
The demand for Directors and Officers liability insurance is increasing, providing executives with a safety net against unintentional mistakes.
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