pennpursuit34000reel| Ping An Property and Casualty Insurance responded and fined: It has attached great importance to it in the past five years, and the main problem points have been basically rectified

[Related reading] Ping An Property and Casualty Insurance was fined a total of 5.95 million yuan for violations such as non-compliance in internal control management

Financial front-line news on May 17pennpursuit34000reel, the administrative penalty information disclosure form disclosed by the State Financial Supervision and Administration Bureau shows thatpennpursuit34000reelPing An Property Insurance Co., Ltd. and its responsible personnel were recently punished by the State Financial Supervision and Administration Administration. Ping An Property Insurance Co., Ltd. was fined a total of 5.95 million yuan. Among them, the head office is 5.15 million yuan and the branches are 800,000 yuan. Twelve responsible persons were warned and fined a total of 880,000 yuan.

Ping An Property and Casualty Insurance responded that the company accepted routine inspections by the former China Banking and Insurance Regulatory Commission in 2019. Recently, the company received inspection conclusions and relevant penalty decisions from the State Financial Supervision Administration. In response to the problems pointed out by the regulatory authorities, the company has attached great importance to it over the past five years, sincerely accepted various inspection requirements, and conscientiously and comprehensively implemented the rectification. The main problem points have been basically rectified. The company will use this as a case to continue to provide warning education, continuously strengthen awareness of compliance, improve relevant supervision mechanisms, and ensure the company's sustained, stable and high-quality development.‌