287家公司公告要买董责险 相关投保率已从不足8%升至28.4%

Core Viewpoint - The enthusiasm for purchasing Directors and Officers Liability Insurance (D&O Insurance) among listed companies remains high, with 287 companies announcing their plans to buy D&O Insurance as of August 5 this year, indicating a growing trend in risk management practices [1][2]. Group 1: D&O Insurance Market Trends - In July alone, 13 companies announced their D&O Insurance plans, reflecting a continued interest in enhancing risk control systems [1]. - The number of A-share listed companies disclosing D&O Insurance purchases is expected to reach 475 in 2024, representing a 34% year-on-year increase [2]. - The D&O Insurance coverage rate among A-share companies has risen from less than 8% at the end of 2019 to 28.4% by the end of May this year [2]. Group 2: Legal and Regulatory Context - The implementation of the revised Company Law on July 1 last year has provided a legal foundation for the promotion of D&O Insurance, encouraging companies to purchase this insurance and requiring them to report to shareholders after obtaining or renewing coverage [1]. - The revised Company Law explicitly recognizes the D&O Insurance system, which has contributed to its increasing popularity among companies [1]. Group 3: Benefits and Implications for Companies - Companies primarily purchase D&O Insurance to protect the legal rights of their directors, supervisors, and senior management, thereby facilitating their responsibilities and improving risk management [2]. - The insurance mechanism enhances the certainty of compensation for investors in securities litigation cases, which often involve numerous claimants and substantial claims [2]. - D&O Insurance does not cover intentional illegal acts or criminal behavior by directors and officers, focusing instead on negligence or oversight [2].