Financial front-line news on April 26realmoneysicboThe administrative penalty information disclosure form published on the website of the State Financial Supervision and Administration Administration shows that Qinghai Branch of China Pacific Life Insurance Co., Ltd. was punished by Qinghai for using insurance business to seek illegitimate interests for other institutions and failing to carry out training on bancassurance channels as required. The Supervisory Bureau fined 17realmoneysicbo.50,000 yuan.
In addition, Yu (At that time, deputy general manager of Qinghai Branch of China Pacific Life Insurance Co., Ltd.) was warned and fined 55,000 yuan. Liu (At that time, the deputy general manager of the Group Insurance Business Department of Qinghai Branch of China Pacific Life Insurance Co., Ltd. presided over the work) was warned and fined 60,000 yuan. Cui (then the general manager of the Group Insurance Business Department of Qinghai Branch of China Pacific Life Insurance Co., Ltd. Assistant) was warned and fined 5,000 yuan. Zhang (then an employee of the Group Insurance Business Department of Qinghai Branch of China Pacific Life Insurance Co., Ltd.) was warned and fined 4,000 yuan.
