Notice on Cancellation of Insurance Intermediary Licenses

Notification on Cancellation of Insurance Intermediary Licenses

Recently, regulators canceled licenses for certain insurance intermediaries that no longer met operational requirements or voluntarily withdrew, in accordance with applicable laws and regulations. This action aims to optimize market structure, strengthen industry compliance, and promote the standardized and professional development of the insurance intermediary sector.

This cancellation strictly follows legal procedures and primarily involves the following scenarios:

• Institution voluntarily applies to terminate operations due to poor management or strategic adjustments
• Verified: No actual business operations have been conducted for an extended period.
• Exists serious regulatory violations that remain uncorrected.

Relevant institutions must properly settle debts and obligations in accordance with the law after license cancellation, and complete all required follow-up filings. The public can verify specific lists and statuses through official channels to protect their legal rights.