Recently. the corporate property increase on a large scale in our country and so, reparations that must be charged to directors & officers of corporation by their responsibilities reach an enormous sum. too.
But, if directors & officers of corporatio...
Recently. the corporate property increase on a large scale in our country and so, reparations that must be charged to directors & officers of corporation by their responsibilities reach an enormous sum. too.
But, if directors & officers of corporation can't possibly furnish the necessary funds, it is no use calling them to account. As one of the counter-measures in such case, the writer offers the adoption of the system of Directors and Officers Liability Insurance and especially, for the development of new commodities of insurance, followings are investigated as compared with the above-mentioned system in U.S.A. and Japan, i.e.;
(a) concept of Directors and Officers Liability Insurance,
(b) legal construction of Directors and Officers Liability Insurance,
(c) warranty risk in Directors and Officers Liability Insurance.