Core Viewpoint - The new regulations for internet property insurance have been in effect for a year, leading to many property insurance companies suspending their internet insurance business due to increased entry barriers, with only a few companies signaling a potential restart of their operations [1][3][4]. Group 1: Regulatory Impact - The Financial Regulatory Authority issued a notification last year that set strict entry requirements for property insurance companies to engage in internet insurance, resulting in multiple companies, including Bohai Property Insurance and Anhua Agricultural Insurance, suspending their internet new business [3][4]. - As of August 25, 2023, several companies, including Zhu Feng Property Insurance and Qianhai Property Insurance, still do not meet the requirements to resume internet insurance operations, while only Dubang Insurance has indicated plans to restart its internet insurance business starting August 13, 2025 [3][4]. Group 2: Business Restart Signals - Companies like Fude Property Insurance have reported meeting the regulatory requirements, with core solvency ratios exceeding 400% and risk ratings consistently at B class or above, thus qualifying to resume internet property insurance business [4]. - Experts suggest that the ability to restart internet insurance operations indicates a significant improvement in a company's solvency and reflects the management's agility in adapting to regulatory changes, which is crucial in a highly regulated environment [4]. Group 3: Market Dynamics - The internet insurance market is currently facing unprecedented opportunities, but the suspension of internet insurance operations has significantly impacted companies, leading to lost premium growth opportunities and potential customer attrition [6][7]. - The halt in internet insurance business may weaken companies' market competitiveness and innovation capabilities, as they become more reliant on traditional offline channels, which do not align with the digital consumption trends [6][7]. Group 4: Consumer Impact - Despite the suspension of internet insurance business, companies have assured that existing insurance contracts will continue to be honored, and they will maintain their commitment to claims and after-sales services for policyholders [8][9]. Group 5: Strategies for Recovery - Companies are implementing various strategies to comply with the new regulations, including enhancing governance and solvency, upgrading customer service systems, and improving risk management practices [9][10]. - To improve solvency ratios and meet the requirements for resuming internet insurance, companies may consider capital increases, optimizing business structures, and enhancing risk management systems [10][11].
互联网财险新规落地周年:仅少数公司业务重启,“恢复”难在哪
Bei Jing Shang Bao·2025-08-25 13:17