Sou Hu Cai Jing·2026-01-08 03:54Core Viewpoint - The implementation of the "reporting and issuing together" policy for non-auto insurance continues to advance, with the National Financial Regulatory Administration providing detailed answers to various issues arising during the process, aiming to clarify policy implications and unify industry standards [1][2]. Group 1: Regulatory Framework - The core content of the recent notification includes that short-term health insurance is not applicable under the "reporting and issuing together" policy, with some exceptions [2]. - Insurance intermediaries collecting premiums are not considered as "reporting and issuing together" [4]. - Agricultural insurance should follow relevant regulations and execute "reporting and issuing together" [8]. Group 2: Business Scenarios and Requirements - Certain businesses, such as those involving public interest funded by government finances, may not strictly adhere to "reporting and issuing together" [8][10]. - From July 1, 2026, high-frequency, fragmented, and scenario-based internet insurance products like return freight insurance should achieve real-time settlement or periodic settlement within two natural days after issuance [9]. - Policies issued after March 1, 2026, should generally be issued after premium collection and invoicing, with allowances for companies facing difficulties in changing payment methods [12][17]. Group 3: Specific Business Types - For foreign currency or offshore RMB businesses, insurance companies can use bank transfer or other verifiable payment proofs to issue policies [5]. - In the case of RMB business, a bank acceptance bill can be considered as "reporting and issuing together" [6]. - For co-insurance, the main underwriting company can issue policies and invoices after collecting premiums, which will be regarded as "reporting and issuing together" [7]. Group 4: Payment Management - The notification specifies that for public interest businesses using government funds, insurance companies can issue policies based on signed government documents without immediate premium collection [10]. - For businesses where the government subsidizes premiums, the full premium must be collected before issuing policies [10]. - The notification emphasizes that installment payment structures should not be manipulated as competitive leverage, and the last payment should not exceed the average installment amount [12].