---
title: "China Life Property and Casualty Insurance Company Limited Lincang Central Branch and related responsible persons were administratively punished for using insurance agents to fabricate insurance intermediary business to extract fees; financial data was not true, and false financial materials were prepared"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/287562088.md"
description: "China Life Property Insurance Company Limited Lincang Central Branch was administratively punished by the Lincang Financial Supervision Bureau for fabricating insurance intermediary business to extract fees and preparing false financial materials, with a fine of 390,000 yuan. The responsible individuals Li Cunchang, Feng Runhua, and Ge Jun were warned and fined a total of 120,000 yuan"
datetime: "2026-05-26T01:06:34.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287562088.md)
  - [en](https://longbridge.com/en/news/287562088.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287562088.md)
---

# China Life Property and Casualty Insurance Company Limited Lincang Central Branch and related responsible persons were administratively punished for using insurance agents to fabricate insurance intermediary business to extract fees; financial data was not true, and false financial materials were prepared

According to Tongbi Finance, the administrative penalty information disclosure list released on May 25 by the Lincang Financial Supervision Bureau shows that China Life Property Insurance Company Limited Lincang Central Branch and related responsible persons were penalized for using insurance agents to fabricate insurance intermediary business to obtain fees; the financial data was not true, and false financial materials were prepared, resulting in administrative penalties from the Lincang Financial Supervision Bureau.

Penalty details: A fine of 390,000 yuan was imposed on China Life Property Insurance Company Limited Lincang Central Branch; responsible persons Li Cunchang, Feng Runhua, and Ge Jun were warned and fined a total of 120,000 yuan

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