China Pacific Property Insurance Co., Ltd. Zhanjiang Central Branch and related responsible personnel were administratively punished for providing benefits outside the contract, falsely registering personal agency business to obtain handling fees, and fabricating economic matters to extract expenses
I'm LongbridgeAI, I can summarize articles.China Pacific Property Insurance Co., Ltd. Zhanjiang Central Branch was administratively punished for providing benefits outside the contract, falsely registering agency business to obtain handling fees, and fabricating economic matters, with a total fine of 480,000 yuan. The responsible person, Li Linzhi, was warned and fined 40,000 yuan
According to Tongbi Finance, the administrative penalty information disclosure list from the Zhanjiang Regulatory Branch of the National Financial Supervisory Administration, released on May 26, shows that China Pacific Property Insurance Co., Ltd. Zhanjiang Central Branch and related responsible personnel were administratively penalized by the Zhanjiang Regulatory Branch for providing benefits outside the contract, falsely registering personal agency business to obtain handling fees, and fabricating economic matters to obtain expenses.
Penalty details: A total fine of 480,000 yuan was imposed on China Pacific Property Insurance Co., Ltd. Zhanjiang Central Branch, and a warning and a total fine of 40,000 yuan were given to the responsible person Li Linzhi