The Shenzhen Financial Supervisory Authority organized a press conference for the first half of 2026 on July 29. On behalf of the Shenzhen Insurance Association, China Insurance Shenzhen Branch explained the situation relating to the insurance industry's deepening rectification of disorderly competition in the first half of the year, saying that the association fixed the goal of reducing insurance premium differences and losses, and relied on the “regulatory promotion, industry initiative, institutional initiative, and multi-party linkage” collaborative governance mechanism to promote the continuous improvement of the competition order in the industry. According to reports, by the end of June, the comprehensive cost rate for car insurance in Shenzhen had been declining for 6 consecutive months; the comprehensive cost rate for corporate financial insurance and engineering insurance had achieved a double-digit year-on-year decline; commission rates for banking insurance specialists were regulated in an orderly manner, and the effect of reducing fees through banking insurance channels was obvious.

The Shenzhen Financial Supervisory Authority organized a press conference for the first half of 2026 on July 29. On behalf of the Shenzhen Insurance Association, China Insurance Shenzhen Branch explained the situation relating to the insurance industry's deepening rectification of disorderly competition in the first half of the year, saying that the association fixed the goal of reducing insurance premium differences and losses, and relied on the “regulatory promotion, industry initiative, institutional initiative, and multi-party linkage” collaborative governance mechanism to promote the continuous improvement of the competition order in the industry. According to reports, by the end of June, the comprehensive cost rate for car insurance in Shenzhen had been declining for 6 consecutive months; the comprehensive cost rate for corporate financial insurance and engineering insurance had achieved a double-digit year-on-year decline; commission rates for banking insurance specialists were regulated in an orderly manner, and the effect of reducing fees through banking insurance channels was obvious.