非车险“报行合一”新规11月起实施 严格执行经备案条款和费率，不得虚列费用变相突破手续费率上限

Core Viewpoint - The National Financial Regulatory Administration has issued a notification to strengthen the regulation of non-auto insurance businesses, requiring property insurance companies to optimize their assessment mechanisms, standardize product development, and enhance premium rate management, effective from November 1, 2025 [1] Group 1: Regulatory Changes - The notification emphasizes the principle of "reporting and execution consistency," meaning that the actual insurance terms and premium rates executed by insurance companies must align with the materials submitted to regulatory authorities [1] - Non-auto insurance business refers to all property insurance excluding motor vehicle insurance, with specific regulations for agricultural insurance and export credit insurance [1] Group 2: Industry Trends - Non-auto insurance has been expanding, with its share of total property insurance premiums rising from 37.1% in 2019 to 47.4% in 2024, contributing nearly half of the total property insurance premium scale [2] - The long-term underwriting losses in non-auto insurance are attributed to deviations from the law of large numbers, as many products reduce rates through differentiation, undermining the application of this principle [2] Group 3: Assessment and Compliance - The notification requires property insurance companies to lower the assessment requirements for premium scale, business growth, and market share, while increasing the weight of compliance, quality, and consumer rights protection [2] - Specific requirements are outlined for premium rate management, including prohibiting high fees that do not correspond to the services provided and establishing a mechanism for periodic review and dynamic adjustment of rates [3] Group 4: Enforcement and Accountability - The notification mandates strict adherence to approved insurance terms and premium rates, prohibiting any substantial changes through special agreements or other means [3] - Insurance intermediaries are required to align their service fees with the value provided and are prohibited from engaging in off-the-books operations [3] - Regulatory measures will be enforced against those who fail to comply with the approved terms and rates, including potential administrative penalties [4]