How are the implementation standards for “issuing policies upon receipt of premiums” defined? The National Financial Regulatory Administration has responded to key issues regarding the “integration of reporting and underwriting” in non-motor insurance.

According to industry sources, the Property Insurance Supervision Department of the National Financial Supervisory Administration issued the "Notice on Issuing the " (Letter No. 639 [2025] from the Property Insurance Supervision Department), providing answers to various issues arising from the comprehensive management of non-motor insurance. The National Financial Regulatory Administration stated that non-motor insurance business is diverse and complex. The comprehensive governance of non-motor insurance must be carried out in an orderly manner in accordance with the principles of “lawfulness and compliance, seeking truth from facts, establishing new systems before dismantling old ones, and steady progress,” with a focus on achieving tangible results. All financial regulatory bureaus must continue to strengthen the comprehensive governance of non-motor insurance within their jurisdictions, implementing measures in a detailed and tailored manner consistent with unified regulatory policies. All property insurance companies and insurance intermediaries must fulfill their primary responsibilities. (Everyday Economic News)