Yesterday, the National Development and Reform Commission, Ministry of Finance issued a circular on the insurance charges and management fees related to specific issues.
The circular pointed out that insurance companies operating on the short-term liability insurance and health insurance business, according to the retention of the annual insurance premium income fell to 1.8 ‰ according to the retention of the annual insurance premium of 1.6 ‰ charge; other business property insurance, personal accident Insurance business, according to the retention of the annual insurance premium income fell to 1.9 ‰ according to the retention of the annual insurance premium of 1.7 ‰ charge.
At the same time, notice that the insurance companies operating on long-term life insurance business, according to the retention of the annual insurance premium income fell to 1.1 ‰ according to the retention of the annual insurance premium of 0.9 ‰ of the course; insurance companies operating on long-term health insurance, According to the annual retention by the insurance company's premium income fell to 1.0 ‰ according to the retention of the annual insurance premium of 0.8 ‰ charge.
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