[General Administration of Financial Supervision: Strengthening the Management of Cost Sharing of Property and Casualty Insurance Companies] On November 13, the General Office of the State Financial Supervision and Administration issued a notice on strengthening the management of cost sharing of property and casualty insurance companies. Property and casualty insurance companies must formulate internal management methods for cost sharing based on the actual situation of the company and on the basis of complying with relevant regulatory requirements. Based on the business scenario of the cost generation end, clear aggregation standards, allocation methods, indicator determination and adjustment rules to ensure that the sharing results are true and reasonable. It is necessary to determine reasonable allocation methods and indicators based on its own business structure, management needs and data conditions in accordance with the principle of "who benefits, who bears" and maintain stability. The head office level and the provincial branch level should be set up in accordance with the requirements of the relevant insurance supervision and statistics systems. If the head office or provincial branch offices do not directly carry out sales activities, no sales expenses will be retained. If the head office and provincial branches carry out sales activities at the same level, the sales expenses will be aggregated and accounted to the sub-provincial branch that issues the insurance contract; if there are no sub-provincial branches, the sales expenses can be aggregated and accounted to the provincial branch.