整治盲目拼规模、抢份额 监管推进非车险业务“报行合一”

Core Viewpoint - The recent draft notification from the National Financial Supervision Administration aims to strengthen the regulation of non-auto insurance, urging property insurance companies to adhere to approved insurance terms and rates, thereby managing premium receivable risks and enhancing operational efficiency [1][2]. Group 1: Regulatory Changes - The draft notification emphasizes the importance of "reporting and implementation" (报行合一) for non-auto insurance, which includes all insurance businesses except auto, agricultural, export credit, short-term health, and accident insurance [2]. - It mandates that insurance companies should not pursue scale blindly but focus on value and efficiency, thus promoting a shift from rapid growth to quality service [2][3]. Group 2: Market Competition and Quality - The notification aims to reduce excessive competition and improve market order by requiring insurance companies to prioritize business quality over premium volume [3]. - It encourages companies to enhance compliance and consumer satisfaction metrics, which will contribute to the overall quality and efficiency of the industry [3]. Group 3: Premium Management - The draft outlines strict guidelines for premium collection, including the requirement for companies to issue policies and invoices only after receiving full or initial premiums [4][5]. - Specific rules are set for initial premium payments, such as a minimum of 25% of the total premium and limits on installment periods based on the insurance duration [4][5]. Group 4: Future Development Strategies - Experts suggest that insurance companies should innovate products, optimize service processes, and enhance risk assessment and management to adapt to the new regulatory environment [6]. - There is a call for expanding online channels and improving customer relationship management to better meet diverse client needs and enhance satisfaction [6].