On November 6, a financial news alert reported that the National Financial Regulatory Administration issued an approval, agreeing that Anhui Zhongan Property Insurance Co., Ltd. may use the nationwide unified compulsory traffic insurance clauses, base premium rates, and corresponding rate floating coefficients in Beijing, Shandong, Qingdao, Ningxia, Anhui, Henan, Jiangsu, Zhejiang, Ningbo, Hubei, Hunan, Shanghai, Fujian, Xiamen, and Yunnan.
Anhui Zhongan Property Insurance Co., Ltd. should place great emphasis on its compulsory traffic insurance business, strictly implement all systems including compulsory traffic insurance financial accounting, expense allocation, reserve assessment, document and mark management, system control, and information disclosure, strengthen risk management, improve service quality, and effectively protect the lawful rights and interests of the insured and victims of traffic accidents.
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