Monthly analysis of insurance penalties (July) ｜ The total amount of fines of 25.895 million yuan in property insurance "old three" received a large amount of large tickets

Southern Finance and Economics All -Media Council Reporter Zheng Jiayi Beijing Reporting Beijing

In July, the strict supervision of the CBRC and its branches continued to the insurance industry. A total of 106 institutions were fined and 135 in charge were fined, involving a total of 25.895 million yuan.

According to corporate early warning data, in July, the property and insurance institutions and its leaders received a total of 117 tickets, with a total of 14.813 million yuan in penalty; personal insurance institutions and their leaders received a total of 79 tickets, with a total of 6.374 million yuan in penalties; insurance; insurance; insurance; insurance; insurance; insurance; insurance; insurance; insurance; insurance; insurance; insurance; insurance; insurance; insurance; insurance; insurance; insurance; insurance; insurance; insurance; insurance; insurance; insurance; insurance; The intermediary agencies and his person in charge received a total of 39 fines, with a total of 4.645 million yuan. In addition, 10 bank institutions and 5 leaders received the ticket due to insurance business sales specifications, involving an amount of 960,000 yuan.

In terms of punishment, the punishment of institutions and individuals' violations of institutions and individuals has been further strengthened. Among the relevant tickets related to the insurance industry in July, there were 6 large tickets of more than 500,000 yuan and 1 ticket of more than 1 million yuan. At the same time, there were 3 insurance and insurance intermediaries that were restricted to accept new businesses. The supervisory was directly interviewed, and one person in charge was disqualified from his office, and a serious violations were restricted to enter the insurance industry.

In the case of violations, in July, 54 CPCs received the ticket receipt of the insurance industry did not conduct strict issues such as practice registration and management in accordance with regulations, internal management, damage or loss of permits, or lost in internal control. 26 relevant agencies and 28 related personnel.

Property & insurance was fined 14.813 million yuan

In July, the amount and number of fines received by the property insurance company were the first of various companies in the industry.

According to corporate early warning data, the property and insurance institutions received a total of 44 pieces in July, with a total of 11.7852 million yuan, and the average single amount was 267,800 yuan. In addition, insurance intermediaries received a total of 17 tickets, with a total of 3.446 million yuan, and the average amount of Zhang was 202,700 yuan.

Among the punished property and insurance institutions, large insurance companies are large, complex in business, and many branches, and the probability of being punished naturally increases. For example, a total of 16 penalties for PICC Property Insurance, a total of 3.278 million yuan; China United Property & Casualty Insurance and Puwa Property Insurance received 6 tickets, involving a amount of 1.2632 million and 1.51 million yuan; Ping An Property Insurance received a total of 5 penalties for institutions 5 Zhang, involved a total of 1.32 million yuan.

Among them, the first three penalties for the amount of property and insurance in July came to the "third house" of the first echelon of the premium income scale.

Among the above tickets, the largest amount of 900,000 yuan in amount came from Renmin Insurance. Public information shows that due to the three issues of fabricating false underwriting materials, false claims, and not strictly implementing the reporting rates of the PICC, the PICC Property Insurance Company violated Article 161 and 170 of the Insurance Law. The number of crimes was fined 900,000 yuan.

In addition, the two large -scale large tickets received by the property and insurance industry came from Taiye Property Insurance and Ping An Property Insurance. Among them, the Taibian Property Insurance Huzhou Central Branch was fined 500,000 yuan by the local Banking and Insurance Bureau for preparation or providing false reports, reports, documents, and materials. The company and Xingqing Branch Company to prepare false information to be responsible for management responsibilities, and they were also fined 500,000 yuan.

There is a problem with internal control management that is not strict

Among the various types of violations of insurance companies, 54 insurance tickets are not associated with non -practice registration and management in accordance with regulations, internal management, internal management, damage or loss of permits, etc., which are not strict with internal control management. And 28 related personnel.

Specifically, large -scale insurance companies such as China Life, Ping An Property & Casualty Insurance, Life Insurance, and Taikang Life Insurance have received tickets with an amount of more than 200,000 yuan from internal control from non -compliance. According to the Beijing Banking Regulatory Bureau, the Beijing Branch of China Life has occurred in the product instructions to deceive the policyholder and the internal management of vulnerabilities. And Article 69 of the "Insurance Company Management Regulations" was ordered to make corrections, given warnings, and imposed a fine of 310,000 yuan in administrative penalties. The person in charge was also warned by Li and a fine of 100,000 yuan.

For the insurance industry, internal control compliance has always been the foundation of the stable and continuous operation of the enterprise. It not only helps the enterprise to build a supervision and management mechanism and realize the self -restraint of process and transparency. Avoid the "fake" problems such as virtual listings and fictional materials.

As early as June 2021, the China Banking Regulatory Commission issued a notice to organize the "internal control compliance management construction year" activities of the banking insurance industry during the year, consolidate the results of chaos and rectification, and strengthen the management of internal control compliance management. In the document, the China Banking Regulatory Commission clearly pointed out that some insurance companies are not well governance, lack of effective constraints on key personnel of important positions. Internal control requirements often give way to business development.

In July of this year, the CBRC also pointed out in the latest "Notice on Further Promoting the High -quality Development of Financial Services Manufacturing Industry" that in order to further enhance the ability to prevent and resolve financial risks, bank insurance institutions must further strengthen the construction of internal control compliance and construction and construction and compliance construction and Comprehensive risk management, improve system constraints and execution. Among them, the China Banking Regulatory Commission requires insurance institutions to strengthen capital management and capital constraints, improve the level of solvency risk management, effectively identify and manage various risks, improve the business mechanism of prudent and stable funds, and prevent risks cross -industry transmission. The specifications of intermediaries to be strengthened

In addition to the property and insurance institutions, the coverage of the allocation of all kinds of insurance intermediaries and the sales channels of insurance products and insurance products also continued until July.

Data show that a total of 39 fines of the Banking Insurance Supervision system were issued for intermediaries, involving an amount of 4.645 million yuan, a total of 17 punishment agencies, 22 responsible persons; in terms of punishment, insurance intermediaries received a total of 50 yuan. There are two large tickets above, and two other institutions are required to stop accepting new businesses and two institutions to be ordered to rectify.

Specifically, in July, 5 insurance brokerage companies including Guangdong Easy Insurance Insurance Brokerage were fined, and 3 insurance sales companies including Hangzhou Big Bee Insurance Sales were fined, and 7 insurance agents such as Tengbao Insurance and Shanghai Oriental Insurance Agency were Acting company encountered administrative penalties.

From the perspective of illegal reasons, most of the above -mentioned companies' violations are related to irregular operations, which involves the benefits of the insured contract other than the benefits of the insured contract, the operating business, and the misleading statement. Among them, Guangdong's Easy Insurance Insurance Brokerage's violations were punished the most. The CBRC was fined 1 million yuan, and the amount of penalties was the best in the insurance industry within the month.

According to the CBRC, the Guangdong Easy Insurance Insurance Brokerage has the existence of sale and property insurance, and the insurance products of Zhonghui Charity and Casualty Insurance in accordance with regulations. Article 170 stipulates that it is fined 1 million yuan. At that time, Yu Mou, the general manager Yu Mou, Xu and the sales management department, and Yu Moumou, the head of the sales management department, were responsible for the above matters. The three of them recovered the fines of 100,000 yuan.

In addition, as an important channel for the sales of insurance products, many banking institutions are still supervised by supervision for irregular sales of insurance products. Data show that in July, the Agricultural Bank of China, Industrial and Commercial Bank of China, Construction Bank, China Merchants Bank, and Ping An Bank all had branches involving insurance sales specifications. A total of 7 bank institutions and 5 leaders were involved, with a total of 92.7891.76 million yuan.

(Coordinating: Ma Chunyuan)

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