Ping An Property & Casualty Insurance Company of China, Heyuan Central Branch and related responsible personnel were administratively punished for providing benefits to the policyholder beyond the insurance contract agreement and for falsely listing expenses

Ping An Property & Casualty Insurance Company of China, Heyuan Central Branch was fined 350,000 yuan by the Heyuan Financial Supervision Bureau for providing benefits outside the insurance contract agreement to the policyholder and for falsely listing expenses. The responsible person, Xing Yansong, was also warned and fined 60,000 yuan