厘清争议边界、松绑“见费出单”、遏制非理性竞争行为，监管明确非车险“报行合一”执行标准

Core Viewpoint - The Financial Regulatory Bureau has issued a notice clarifying the implementation of the "reporting and issuing together" policy for non-auto insurance, aiming to standardize industry practices and address various practical issues encountered during implementation [2][10]. Industry Situation - The non-auto insurance sector is characterized by a wide variety of products and complex scenarios, with the governance work proceeding under principles of legality, practicality, and gradual advancement [2][10]. - In 2025, the regulatory body issued two documents to further clarify the "reporting and issuing together" policy for non-auto insurance [2][10]. Key Clarifications in the Notice - Insurance companies must issue policies and invoices only after receiving premiums, and intermediaries collecting premiums do not qualify as "reporting and issuing together" [3][11]. - For agricultural insurance, the additional premium rate for subsidized products cannot exceed 25%, and no handling fees can be charged [3][11]. - Policies can be issued based on government documents for public interest projects, but for businesses receiving government subsidies, the "reporting and issuing together" requirement applies [3][11]. Internet Insurance Regulations - Internet insurance businesses must generally collect premiums directly before issuing policies and invoices, with specific provisions for high-frequency and fragmented products [4][12]. Market Feedback and Implications - The notice aims to prevent the misuse of payment structures and ensure that premium payment conditions are reasonable, prohibiting extreme arrangements like "low upfront, high later" [5][14]. - The regulations are expected to reduce cash flow risks, lower claims disputes, and curb irrational competition in the market [6][14]. Overall Impact - The notice serves as a systematic and operational supplement to the "reporting and issuing together" policy, balancing standardization with respect for practical realities, thereby enhancing predictability and enforceability of rules [7][15].