B · Normal
[Two departments: Gather the joint efforts of the business system and the insurance industry to promote the development of domestic trade insurance in a steady and orderly manner] On September 29, the State Administration of Financial Supervision and the Ministry of Commerce jointly issued the "Notice on Strengthening the Collaboration of Business and Insurance to Do a Good Job in Domestic Trade Insurance". The Notice consists of three parts. The first is to put forward overall requirements. It is proposed that the business system and the insurance industry should work together to promote the development of domestic trade insurance in a steady and orderly manner. Support Beijing, Jiangsu, Fujian, Hunan, Guangdong, Sichuan, Ningbo, and Shenzhen to increase practical exploration of domestic trade insurance, and encourage more qualified and willing regions to promote the expansion and increase of domestic trade insurance based on their own actual conditions. The second is to clarify nine key tasks. This includes accurately expanding potential customers, supporting the needs of emerging and small and medium-sized entities, improving the supply of security capabilities, giving full play to the role of mutual insurance bodies, promoting credit data sharing, strengthening business risk prevention and control, establishing industry collaboration mechanisms, strengthening domestic trade insurance supervision, and increasing publicity and promotion efforts. The third is to emphasize strengthening organizational guarantees. This includes strengthening local organizational leadership, coordinating the use of existing funding channels, researching and providing policy support, and timely tracking and summarizing progress. The "Notice" will help explore effective experiences and practices in domestic trade insurance according to local conditions, strengthen the supervision of domestic trade insurance, prevent and resolve domestic trade insurance risks, and steadily and orderly promote the expansion of underwriting scale and coverage of domestic trade insurance.
Insurance Industry Trends 🕐 2026-09-29 16:16

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