Life Insurance and Property & Casualty Insurance Daqing Branch fined 115,000 yuan for involving false financial data

2026-03-28 03:15:56

Blue Whale News, March 26—Recently, the Daqing Regulatory Branch of the National Financial Regulatory Administration issued an administrative penalty, targeting China Life Property & Casualty Insurance Co., Ltd. Daqing Central Sub-Branch and its general manager, Tian Ting.

The penalty notice shows that the company’s main illegal and non-compliant facts (case description) are: inaccurate financial data.

For the above illegal and non-compliant conduct, the Daqing Regulatory Branch of the National Financial Regulatory Administration imposed a fine of RMB 115,000 on the company; it issued a warning to general manager Tian Ting and imposed a fine of RMB 20,000.

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