The regulatory authorities have issued a document to standardize the distribution of dividends on dividend insurance, and do not allow the indiscriminate raising of dividend levels to avoid "zero-sum" competition.

Reporters learned that the Personal Insurance Regulatory Department of the Financial Regulatory Bureau issued a letter to personal insurance companies on June 18, regarding the regulatory opinions on the dividend level of participating insurance in 2024, urging companies to strengthen asset-liability management, improve the sustainability of participating insurance operations, and protect the legitimate rights and interests of consumers. Regulatory authorities require companies to strictly comply with relevant requirements, balance the relationship between the predetermined interest rate and floating income of dividend insurance, demonstrate benefits and dividend realization rates, and prudently determine the annual dividend level of each product based on the asset allocation characteristics and actual investment return of each account. According to the requirements of the letter, companies are required to operate prudently, adhere to long-term principles, and integrate the asset-liability management concept throughout the entire process and cycle of insurance products and services. Companies must not deviate from the actual asset-liability and investment income of their accounts, arbitrarily raise dividend levels to engage in "internal competition," and disrupt the order of the personal insurance market. Regulatory authorities will strengthen data monitoring, and for those who violate regulatory requirements, regulatory measures such as regulatory interviews, corrective orders, and rating deductions will be taken.