7 Profile companies were ordered to investigate and rectify for their product terms and rates

Economic Observation Network Reporter Jiang Xin received a fine of 7 property insurance companies because of the product rate.

The reporter from the Economic Observation Network learned from the Shanghai Banking Regulatory Bureau that on June 24, the Shanghai Banking Regulatory Bureau decided to decide the administrative supervision measures to the 7 property insurance companies, and asked the relevant companies to stop the use of the terms of the existing clause rate immediately. The filing product completes the modification of the problem product within one month, and comprehensively investigate and rectify the problems in the company's product development management.

The insurance rate is the proportion of insurance premiums to the insurer according to the insurance amount, and it is also a manifestation of insurance prices. From July to September 2021, the Shanghai Banking Insurance Bureau carried out a non -on -site random check -up work in the record product clauses and found that Anda Insurance Co., Ltd., Tokyo Maritime Fire Insurance (China) Co., Ltd., Cathay Pacific Property Insurance Co., Ltd., Meiya Property Insurance Co., Ltd., Tianan Property Insurance Co., Ltd., Ruijie Enterprise Insurance Co., Ltd., COSCO Market Property Insurance Self -insurance Co., Ltd. have multiple types of problems.

The problem includes the unsigned report of the actuarial report, the incomplete elements of the actuarial report, the reference standards have been abolished, the standard references are irregular, the insured person has a medical insurance, the lack of rates in the rate table calculate the formula, the short -term health insurance is not clearly marked clearly indicated "No guarantee renewal" and so on.

Cathay Pacific Property Insurance is the one with the most problems in regulatory discovery. According to administrative regulatory measures, the company's reference standards have been abolished, actuarial reports have not been signed, product names do not meet the requirements, product name errors, incomplete terms of terms, and unclear contents are unclear. , Product attributes or insurance errors, and seven major issues that do not meet the principles of insurance interests.

It is worth noting that, in addition to the abolition of the quoted standards, the Tokyo Maritime Daily Fire Insurance Insurance (China) Co., Ltd. also has the problem of short -term health insurance that does not clearly indicate "no renewal insurance".

In early 2021, the China Banking Regulatory Commission issued a notice on regulating the issues related to the short -term health insurance business ", which clarified that the short -term health insurance period for insurance companies to sell to individuals is one year and one year and do not include guarantee insurance terms. The notice proposes that insurance companies are strictly forbidden to design through alienated product design, "short insurance and long -term" misleading consumers, clarifying that short -term health insurance shall not guarantee renewal, and shall not use "automatic renewal", "commitment renewal" and "lifelong limit". Words of health insurance confused.

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