Xin Lang Cai Jing·2025-04-30 11:13Core Viewpoint - The recent collaboration between the Economic Crime Investigation Bureau of the Ministry of Public Security and the Inspection Bureau of the National Financial Supervision Administration aims to combat illegal activities in the financial sector, particularly focusing on the insurance industry's illegal agency for policy cancellations and claims [1] Group 1: Regulatory Actions - A six-month crackdown on illegal activities in the financial sector has been initiated, targeting the "black industry" of policy cancellations [1] - A new regulation has been established to strengthen the transfer of criminal cases related to the banking and insurance industries, providing robust support for combating illegal activities [1] Group 2: Risks of the "Black Industry" - The "black industry" of policy cancellations has evolved into a complete industrial chain since its emergence in 2018, posing significant risks to the insurance sector [1] - Two main types of activities are identified: misleading policyholders to abandon existing policies for new ones to gain rewards, and maliciously purchasing and canceling policies to claim refunds and commissions [1] - Malicious complaints against insurance companies not only disrupt normal operations but also lead to financial losses for both the companies and consumers, including risks of personal information leakage [2] Group 3: Company Response - The company emphasizes the importance of using legitimate channels for policy cancellations and will report malicious complaints to regulatory authorities [3] - The company has implemented strict internal review processes to ensure compliance with regulations for every policy cancellation, thereby protecting consumer rights and maintaining operational order [3] - Training and management of staff have been enhanced to improve legal awareness and professional ethics, aiming to eliminate the root causes of the "black industry" [3]