Banking Insurance Regulatory Commission: Principles agree with Yi'an Price Insurance to enter the bankruptcy reorganization procedure

On the evening of July 15, the Banking Regulatory Commission issued the "Approval of the Bankruptcy and Reorganization of Yi'an Property Insurance Co., Ltd.", saying that principles agree to enter the bankruptcy reorganization process in principle.

According to the CBRC, Yi'an Property & Casualty Corporation should carry out follow -up work in accordance with relevant laws and regulations. In case of major situations, report to the CBRC in a timely manner.

"Daily Economic News" reporter noticed that the above -mentioned approval date was June 29, 2022.

According to the official website, Yi'an Property & Casualty Insurance is one of the four domestic professional Internet insurance companies approved by the former Insurance Regulatory Commission. It was approved and opened on February 16, 2016, with a registered capital of 1 billion yuan, and the registered place is Shenzhen.

In order to fully guarantee the legitimate rights and interests of the Yi'an Property Insurance policy holder (including the insurer, the insured, and the beneficiary), the Yi'an Puchang Insurance is announced on the guarantee of the policy of policy. The announcement shows that the insurance contract of Yi'an Property Insurance as the insurer must declare claims to the manager:

(1) The policy that has expired before reorganizing the reorganization has occurred, and insurance accidents have occurred, but the insurer has not yet completed the compensation;

(2) Reorganizing the policy that has not been expired a few days ago, the insurance accident has occurred and the insurer completes the insurance liability after completing the payment;

(3) During the reorganization and reorganization period, the insured applies for a surrender and the insurer has not refunded the insurance premium.

In order to simplify the procedure of creditor's rights declaration and fully guarantee the legitimate rights and interests of the creditor's creditors, the above policy holder (collectively referred to as the "policy creditor") authorizes China Insurance Security Fund Co., Ltd. (hereinafter referred to as insurance security fund companies) , Exercise voting rights.

If the policy creditors do not agree with the authorization insurance guarantee fund company to exercise the above rights on their behalf, they can file an objection within 30 days from the date of the announcement of this announcement. The entire procedure includes the declaration of creditor's rights, participating in the creditor's meeting, and exercising voting rights.

After the expiration of the objection period, the non -objection policy creditors are deemed to be an authorized insurance guarantee fund company to exercise relevant rights on their behalf, and there is no need to issue an authorized commission document.

If the insurance accident has occurred before the reorganization, the policy holder is requested to inform the insurer in time and provide relevant certificates and materials such as confirming the nature, causes, and loss of the insurance accident. The insurer will make a timely approval. If it has been notified and submitted, no need to repeat. The Insurance Security Fund will declare claims to the manager based on the results of the approval.

Daily Economic News

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