监管进一步规范人身险公司标准化数据报送

Core Viewpoint - The insurance industry is entering an era of "big data" regulation, with the Financial Regulatory Bureau emphasizing standardized data reporting to enhance oversight and improve data quality and governance within insurance companies [1][3]. Group 1: Regulatory Changes - The Financial Regulatory Bureau issued a notification to life insurance companies regarding the 2024 version of standardized regulatory data reporting, aiming to unify data formats for better monitoring [3][6]. - Companies began reporting standardized regulatory data in April 2023, but issues with data completeness and reporting have been identified [3][4]. Group 2: Data Reporting Issues - Several companies reported errors in data files, including discrepancies between report content and data package content, leading to failures in data submission [2][4]. - Historical data reporting has been problematic, with some companies failing to backtrack data from January 1, 2023, resulting in underreporting of premiums and claims [2][4]. Group 3: Data Quality and Governance - Companies have faced challenges with data quality, including improper data processing and inaccuracies in employee and financial information [4][6]. - The notification mandates that each data table has designated responsible departments and individuals to ensure data integrity and governance [6]. Group 4: Compliance Requirements - Companies are required to enhance data governance, ensuring accurate and complete historical data reporting by August 20, 2025, for those with reporting issues [6][7]. - The notification emphasizes the need for timely and accurate monthly data submissions, with strict guidelines on data revision processes [6][7]. Group 5: Industry Challenges - The industry faces challenges in data security and privacy protection while improving regulatory efficiency through big data [7]. - Ensuring the authenticity, completeness, and consistency of collected data remains a significant concern for both regulators and insurance companies [7].