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Abstract: |
In order to promote the development of supervising liability insurance, there is a need to use foreign experience as reference. Based on the data from American supervising liability insurance market, we study the information asymmetry of supervising liability insurance. The conclusion is that, through long term development, there is no adverse selection problem in American supervising liability insurance market; but different from America, the adverse selection risk is still high in Chinese supervising liability insurance market. Also, if social system is perfect, moral hazard problem does not exist in the severe liability risk accident; but in other cases, moral hazard problem still exists, so the insurance company should control the compensation to realize the further development.
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