On April 26, the Henan Supervision Bureau of the State Administration of Financial Supervision disclosed the administrative penalty of the Zhengzhou Central Branch of Taiping Life Insurance Co., Ltd.
According to the information publicity form of the administrative penalty decision, the Zhengzhou Central Branch of Taiping Life Insurance Co., Ltd. was fined 340,000 yuan by the Henan Supervision Bureau of the State Financial Supervision and Administration for "preparing or providing false reports, statements, documents and materials".
He has been fined five times since April
Bread Finance combed through public information and found that since April 2024, China Taiping has been punished many times, involving a total of 5 fines, with a cumulative fine of more than 900,000 yuan.
On April 26, the North China Telephone Sales Center of Taiping Life Insurance Co., Ltd. was fined 310,000 yuan by the Henan Supervision Bureau of the State Financial Supervision and Administration for "deceiving policyholders and concealing important contents related to insurance contracts from policyholders".
In addition, in April, the Henan branch of Taiping Life Insurance Co., Ltd. was fined 260,000 yuan by the Henan Supervision Bureau of the State Financial Supervision and Administration for "actually performing senior management duties without the approval of the regulatory authorities; internal management was not in place".
(Article Serial Number: 1784861501551677440)
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