Developing Environmental Pollution Liability Insurance:the Countermeasures--A Case Study of Baoding,

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  Environmental liability insurance is an economic policy carried out to solve environmental problems through modern insurance system.Since 1960’s,the environmental liability insurance has been put into practice in many western developed countries,however no big progress has been made in China until recent years.In April,2011,the environmental liability insurance program was launched in Baoding which has been selected to be the only pilot city in Hebei province.On November 15th,2011,Baoding Branch of PICC Property and Casualty Company issued environmental pollution liability insurance policies to 15 enterprises in Baoding,which is a milestone for the environmental liability insurance development in Hebei province.By the end of 2011,52 enterprises purchased environmental liability insurance.The experience accumulated in the course has great significance for extending this policy to other places in Hebei province.This study focuses on some hot issues rising when launching environmental pollution liability insurance in Baoding city,which include the role of the regulator,the attitude of the potential polluter,the preferred implementation mode and the risk evaluation standard.On base of the analysis and discussion,some suggestions are put forward on promoting environmental pollution liability insurance in Hebei province or even in China.
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