Reasons for the CIRC to punish Baoneng

The object of punishment by the CIRC is Qianhai Life Insurance, not Baoneng Group (Baoneng is not an insurance industry and has no right to supervise punishment).

Contents of punishment:

1. Cancel Yao Zhenhua's post negotiation and prohibit Yao from engaging in the insurance industry 10; The other five executives of the company gave warnings;

2. Company fines and personal fines are about 6.5438+0.2 million;

As for why 17 was punished, different people have different opinions.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.