Baiyujia insurance companies disclosure on schedule information

To increase the transparency of the insurance market, protection of consumer interests, China insurance regulatory Commission last year of the insurance company information disclosure on management approach, require insurance companies to the public to expose its behavior management related information. As of now, most insurance companies have, in accordance with regulatory requirements published the first information report. As one of the major public disclosure of information-oriented management approach, the approach under the insurance company must be in the company's Web site before April 30 of each year and insurance information disclosure in annual reports on the specified media. Annual information disclosure is the first time this year, China insurance regulatory Commission allowed disclosure appropriate to defer the time limit for a month. 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According to the requirements of the approach, insurers should disclose not only basic information such as company profiles, product catalogs and terms, must also be published "financial accounting information, health information for risk management, solvency of insurance products business information, information" and other critical information. In addition, if there is insufficient solvency or a major change, as well as heavy investment losses or administrative penalties and other major matters, should be posted in the company's Web site within 10 business days. From the perspective of actual disclosure, in General, most insurance companies are required to publish the company's basic information, session information, and temporary information. From the perspective of adequacy of disclosure of information, protection of property, China life insurance, ping an of China (601,318, unit), the Turbo in China (601,601, unit) listed company has been following the requirements of the information disclosure of listed companies, timeliness and adequacy of information disclosure is in the forefront of the industry. Has been listed Taikang of the rumours and new China life insurance, notch integrity of the information disclosure is better than other companies. From the perspective of information disclosure of the specific content, "basic information" that a companies disclose more complete, but with regard to provisional disclosure, part of the company is not involved, especially negative information such as administrative penalties, lack of solvency is missing. Professor, Department of capital economy-trade University insurance Tuo Kunitaka said, risk level information disclosure is in enhancing the transparency of the insurance industry in China, a great improvement in consumer protection. "As a business risk industry, insurance industry and the public interest is very strong. Strengthen public supervision over the insurance enterprise through information disclosure and evaluation, you can protect the legitimate rights and interests of consumers, but also conducive to improving the governance structure of insurance companies, improving the operational efficiency of the market. "" Used to select which type of insurance product, which insurance companies, are generally listen to marketing of insurance marketers, now on his or her insurance company Web site will be able to understand the specific contents of the product and the company's business, it's income protection for selected products and companies is a good reference. "For several years to buy insurance products, Ms LAU said. But for now, the insurance company information disclosure there are many aspects that need improving, such as disclosure of limitations needs to be strengthened, sensitive information is not adequate enough, insurance companies remain passive information disclosure as required. Tuo Kunitaka said, at the same time urged insurers in a timely and full disclosure, it is important to ensure the accuracy and authenticity of information. Regulators should introduce appropriate ancillary system, increase the intensity of field checks, information disclosure problems in the process of insurance companies, to increase the intensity of punishment, improving the irregularities cost. Experts suggest that regulators should study the establishment of insurance companies information publicly disclosed assessment management system, urged insurance companies to establish long-term mechanism of freedom of information, enables insurance company information disclosure by "passive" into "active".