非车险业务新规将在三方面产生积极影响

Core Viewpoint - The National Financial Regulatory Administration has issued a notification to strengthen the regulation of non-auto insurance business, requiring property insurance companies to enhance insurance rate management and implement the "report and act as one" regulatory rule, effective from November 1, 2025 [1] Group 1: Regulatory Framework - The notification establishes a new regulatory framework for non-auto insurance business, emphasizing the need for insurance companies to align actual insurance terms and rates with the submitted regulatory documents, preventing any circumvention of filing standards [2][3] - The core aim is to ensure compliance and sustainable operation of non-auto insurance businesses, eliminating any attempts by insurance institutions to exploit regulatory loopholes [2] Group 2: Impact on Insurance Institutions - The notification is expected to promote the standardized development of non-auto insurance business, encouraging insurance institutions to adhere to regulatory limits and avoid irrational competition that leads to high costs and losses [3] - It mandates that property insurance companies determine insurance rates based on fairness, reasonableness, and adequacy, and prohibits excessive fees that do not correspond to the services provided [3] Group 3: Consumer Protection - The notification enhances consumer rights protection by enforcing a "fee upon issuance" policy, which requires insurance companies to issue formal policies only after full premium payment, thereby reducing accounts receivable and improving cash flow [4] - This regulation aims to mitigate conflicts between insurance institutions and clients, fostering a healthier interaction between both parties [4]