TAG / Regulatory Policy

Regulatory Policies

2026-09-183713

Adjustment of Assumed Interest Rates for Life Insurance Products: Industry Impact and Consumer Strategies

Regulators have established a dynamic adjustment mechanism for assumed interest rates on life insurance, lowering the pricing cap for ordinary products. This measure helps mitigate industry spread loss risks and liability pressures while promoting an increased share of floating-return products. Consumers should refocus on core protection needs by prioritizing basic coverage such as medical and critical illness insurance, view savings product return illustrations rationally, and rely on contract terms as the final authority.

Regulatory Policies Product Innovation Industry News

Loli Technology Research Institute2026-09-18

2026-10-203663

Financial Street Forum: Four Key Signals Emerge for the Insurance Sector

2026 Financial Street Forum Unveils Four Key Signals for the Insurance Sector: Accelerate revisions to the Insurance Law to strengthen regulatory rigor; move beyond growth-at-all-costs mindsets to drive high-quality development; deepen opening-up and host the inaugural Tech Insurance Conference; guide the industry in serving pension, healthcare, and technological innovation sectors.

Regulatory Policies Fintech

Insurance Culture2026-10-20

2026-10-207454

Leadership Change at Dongwu Property Insurance Just 18 Months After Launch: Veteran Bank Executive Takes Over as Chairman

One and a half years after Dongwu Property & Casualty Insurance's launch, Chairman Song Jifeng stepped down, with veteran banker Li Wei taking over. The company has simultaneously launched a market-based executive recruitment drive to transition from the setup phase to operational control, bringing in talent with financial and risk management expertise to address development challenges.

Life Insurance Regulatory Policies

Sina Finance2026-10-20

2026-10-209037

Fake policies used to secure high incentives: multiple insurers initiate commission clawbacks

A five-person team from a Wuxi life insurance branch was sentenced for fabricating policies to extract commissions, prompting multiple insurers to initiate recovery efforts. Regulators have introduced new rules requiring deferred commission and clawback mechanisms, while industry associations are advancing credit record systems for sales personnel to strengthen compliance constraints.

Insurance Sales Regulatory Policies

21 Century Economic News2026-10-20

2026-10-196115

NFRA Director Ding Xiangqun: Strictly Crack Down on Non-Compliant Marketing Practices and Severely Punish Financial "Black and Gray Industries"

Ding Xiangqun, Director of the National Financial Regulatory Administration, stated at the 2026 Financial Street Forum Annual Meeting that non-compliant marketing practices will be strictly addressed and financial black/gray market activities severely punished. He also emphasized optimizing institutional layouts, standardizing market order, and enhancing the adaptability of financial services to promote high-quality industry development.

Regulatory Policies Consumer Rights

21 Century Economic News2026-10-19

2026-10-197694

Ding Xiangqun: Bring all financial activities under regulatory oversight in accordance with the law; impose severe penalties on illegal and gray-area financial operations.

Ding Xiangqun, Director of the National Financial Regulatory Administration, stated at the 2026 Financial Street Forum that all financial activities will be brought under regulatory oversight in accordance with the law, and illegal and gray-market financial operations will be severely punished. At the same time, efforts will be made to drive transformation and upgrading in the banking and insurance sectors, optimize institutional layout, standardize market order, and continuously support technological innovation and institutional-level opening up.

Regulatory Policies InsurTech

Sina Finance2026-10-19

2026-10-195580

Sympathizing with the hardship of a divorced sales agent raising children, a woman in her 60s purchased insurance to support her and handed over her phone for payment. However, over 5 years, more than 200 yuan was transferred out. The Shanghai court has ruled on the case.

In Shanghai, an insurance agent exploited the trust of elderly individuals to defraud them of over 200 million yuan under the guise of paying premiums on their behalf. The court sentenced the agent to 11 years and 9 months in prison for fraud and imposed a fine. This case highlights the risks of financial fraud targeting the elderly and underscores the need to strengthen consumer awareness and industry compliance management.

Consumer Rights Regulatory Policies

Sina Finance2026-10-19

2026-10-195361

231 Fake Policies Stole 35 Million; Multiple Insurers Launch Commission Clawbacks

Multiple cases of insurance agents in cities such as Wuxi and Nanjing being sentenced for defrauding commissions using fake policies have been reported. Several insurers have launched lawsuits to recover these commissions, while regulators have introduced new rules establishing clawback mechanisms for compensation to drive reforms in the individual sales channel and mitigate arbitrage risks.

Insurance Sales Regulatory Policies

21 Century Economic News2026-10-19

2026-10-193426

National Financial Regulatory Administration: Focus on Key Areas to Strengthen Supervisory Capabilities

Ding Xiangqun, President of the National Financial Regulatory Administration, stated at the 2026 Finance Street Forum that in response to profound changes in the financial sector, regulatory capabilities must be enhanced through improved monitoring and early warning systems, strengthened transaction-level oversight, and accelerated digital and intelligent transformation to achieve continuous, end-to-end supervision.

Regulatory Policies InsurTech

China Banking and Insurance News2026-10-19