斥资不超30万元 正海磁材拟购买“董责险”

Core Viewpoint - The announcement by Zhenghai Magnetic Materials regarding the purchase of Directors and Officers (D&O) insurance marks the beginning of a new trend in A-share listed companies, reflecting an increasing awareness and adoption of risk management practices in corporate governance [1][2]. Group 1: D&O Insurance Adoption - Zhenghai Magnetic Materials plans to purchase D&O insurance with a coverage limit of up to 100 million yuan and an insurance cost not exceeding 300,000 yuan [1]. - As of the end of 2025, a total of 1,753 A-share listed companies have announced plans to purchase D&O insurance, representing a 16% increase from 1,509 companies at the end of 2024 [3]. - The penetration rate of D&O insurance among A-share listed companies has reached 32% [3]. Group 2: Market Trends and Insights - State-owned enterprises have the highest D&O insurance adoption rate, followed by foreign enterprises, while private enterprises have significant growth potential [4]. - The increase in regulatory inquiries and collective lawsuits has heightened the perceived risks for directors and officers, making D&O insurance a critical component of corporate governance [4]. - The market for D&O insurance is expanding, with more institutions, including smaller insurance companies, developing related products [5]. Group 3: Claims and Challenges - The number of companies receiving warning letters and facing investigations has increased, with 366 companies having received warning letters since 2021 [6]. - The total amount of claims related to D&O insurance has exceeded 1 billion yuan, with 26 claims amounting to 390 million yuan in 2024 alone [6][7]. - The introduction of artificial intelligence and emerging industries presents new challenges for D&O insurance product design, necessitating adjustments to cover new types of liabilities [7].