Financial front-line news on May 17alienworldsblockchainThe administrative penalty information disclosure form disclosed by the State Financial Supervision and Administration Administration shows that Ping An Property Insurance Co., Ltd. and its responsible personnel were recently punished by the State Financial Supervision and Administration. Ping An Property Insurance Co., Ltd. was fined a total of 5.95 million yuan. Among them, the head office is 5.15 million yuan and the branches are 800,000 yuan. Twelve responsible persons were warned and fined a total of 880,000 yuan.

Jin Penalty Decision Zi [2024] No. 13 shows that the main facts of violations of laws and regulations of the above-mentioned punished party are that the electricity sales business gives or promises to give other benefits to the policyholder and the insured other than those stipulated in the insurance contract.alienworldsblockchain; Expenses that should be apportioned to branches are not apportioned; expenses are delayed; accounting is inaccurate; annual settlement data submitted to the China Insurance Statistical Information System is erroneous; telegram sales recording materials are not kept as required; internal control management is not in compliance; Providing shareholder loans to project companies that are not guaranteed by their own assets; illegally investing in RMB structured deposits; imperfect insurance fund utilization systems, mechanisms and system construction; entrusted investment intervention trustees perform their duties normally; The basic assets of the investment trust plan exceed the scope of application of insurance funds; the minimum capital calculation of solvency market risk and credit risk is inaccurate; related party transactions and related party reports are inaccurate, etc.