金融监管总局统一非车险“报行合一”执行标准

Core Viewpoint - The Financial Regulatory Administration has issued a notification to clarify policies and standards for the non-auto insurance sector, addressing issues arising from the implementation of the "reporting and issuing together" policy, aiming to unify industry execution standards [1][2][3] Group 1: Policy Clarification - The notification aims to address irrational competition in the non-auto insurance market, which has led to high costs, continuous underwriting losses, and high accounts receivable, negatively impacting cash flow and financial stability of insurance companies [1] - The notification specifies that property insurance companies must issue policies and invoices after receiving premiums, while insurance intermediaries collecting premiums do not qualify as "reporting and issuing together" [1] Group 2: Special Cases and Payment Structures - For policy-related business involving government agencies and public interests, the notification allows for exceptions to the "reporting and issuing together" requirement, enabling insurance companies to issue policies based on government-signed documents [2] - The notification mandates that insurance companies must reasonably determine installment payment structures, ensuring that subsequent payments are consistent or decreasing, with the final payment not exceeding the total premium divided by the number of installments [2] Group 3: Industry Impact - The notification represents a comprehensive review of existing issues in the non-auto insurance sector, aiming to promote high-quality development by enforcing the "reporting and issuing together" policy and addressing the prevalent "involution" phenomenon in the industry [3]