According to the enterprise's early warning data, in July, property insurance institutions and their responsible persons * * received tickets 1 17, and the penalty amount * * was 148 13200 yuan; The life insurance institution and its responsible person * * * received 79 tickets, and the penalty amount was * * * 6.374 million yuan; Insurance intermediaries and their responsible persons received 39 tickets and fined 4.645 million yuan; In addition, another 10 banking institution and five responsible persons were fined for insurance business sales norms, involving an amount of 960,000 yuan.
In terms of punishment, the regulatory authorities have further strengthened the punishment for violations by institutions and individuals. Among the insurance-related fines in July, there were 6 large fines of more than 500,000 yuan, ranging from 1 yuan to 1; At the same time, three insurance companies and insurance intermediaries were restricted from accepting new business, 1 person in charge of violations was directly interviewed by the regulatory authorities, 1 person in charge was disqualified, and 1 person in charge of serious violations was restricted from entering the insurance industry.
Judging from the reasons for violations, in July, among the fines collected by the insurance industry, * * * had 54 related problems, such as failure to register for management practice, loopholes in internal management, damaged or lost licenses, and lax internal control management. * * * involved a fine of 3.057 million yuan, involving 26 related institutions and 28 related personnel.
For the insurance industry, internal control and compliance will always be the basis for the steady and sustainable operation of enterprises. Vision china
In July, the amount of fines and the number of tickets received by property insurance companies were the highest among all kinds of companies in the industry.
Enterprise early warning data shows that in July, property insurance institutions received 44 tickets, with a fine of11785,200 yuan, with an average single ticket amount of 267,800 yuan; Personal insurance institutions * * * received 33 tickets, and were fined * * 53 1. 1 ,000 yuan, with an average single ticket amount of 1.6 1 ,000 yuan; In addition, the insurance intermediary * * * received 17 tickets, with a fine of 3.446 million yuan, with an average amount of 202,700 yuan.
Among the punished property insurance institutions, large insurance companies have large scale, complex business and many branches, so the penalty probability naturally increases. For example, PICC P&C received an institutional fine of 16, with a fine amount of 3.278 million yuan; China United Property Insurance and CPIC Property Insurance both received six tickets, involving 1.2632 million yuan and 1.5 1.000 yuan; Ping An Property & Casualty received five institutional fines, involving an amount of 6.5438+0.32 million yuan.
Among them, the top three fines in the property insurance industry in July came from the "old three" as the first echelon of premium income.
Among the above fines, the largest fine of 900,000 yuan came from PICC P&C Insurance Company. According to public information, Lacey Branch of PICC P&C Insurance Company violated Articles 161 and 170 of the Insurance Law for fabricating false underwriting materials, making false claims and not strictly implementing the filing rate, and was fined 900,000 yuan for several crimes.
In addition, two large fines of 500,000 yuan collected by the property insurance industry came from Taibao Property Insurance and Ping An Property Insurance respectively. Among them, Huzhou Central Branch of CPIC Property Insurance was fined 500,000 yuan by the local banking regulatory bureau in July for compiling or providing false reports, statements, documents and materials; Ping An Property & Casualty Ningxia Branch was also fined 500,000 yuan for the illegal acts of compiling false information by Yinchuan Central Branch and Xingqing Branch.
Among the reasons for various violations of insurance companies, 54 insurance tickets are related to the problems of lax internal control management, such as failure to register and manage practice according to regulations, loopholes in internal management, and damage or loss of licenses. * * * involved a fine of 3.057 million yuan, 26 institutions and 28 related personnel.
Specifically, China Life Insurance, Ping An Property & Casualty Insurance, PICC Life Insurance, Taikang Life Insurance and other large insurance companies all received fines of more than 200,000 yuan due to non-compliance of the original internal control. The Beijing Banking Insurance Regulatory Bureau disclosed that China Life Insurance Beijing Branch was ordered to make corrections, given a warning and imposed an administrative penalty of 365,438+100000 yuan for violating Articles 161 and 171 of the Insurance Law and Article 69 of the Regulations on the Administration of Insurance Companies. Li, the person in charge, was also given a warning and fined 654.38+ 1 100 million yuan.
For the insurance industry, internal control and compliance are always the basis for the steady and sustainable operation of enterprises, which not only helps enterprises to build a supervision and management mechanism and achieve streamlined and transparent self-restraint, but also helps responsible persons and agents to avoid "false" problems such as fictitious expenses and fictitious materials.
As early as June, 20021,China Banking and Insurance Regulatory Commission issued a notice to organize the "Construction Year of Internal Control and Compliance Management" for the banking and insurance industries during the year, so as to consolidate and expand the results of chaos rectification and strengthen the construction of internal control and compliance management. The CBRC clearly pointed out in the document that some insurance companies have imperfect governance, lack effective constraints on key personnel in important positions, internal control requirements often make way for business development, and problems in some areas are repeatedly investigated and committed.
In July this year, the China Banking Regulatory Commission 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, banks and insurance institutions should further strengthen internal control compliance construction and comprehensive risk management, and strengthen institutional constraints and execution. Among them, the CBRC requires insurance institutions to strengthen capital management and capital constraints, improve the solvency risk management level, effectively identify and manage various risks, improve the sound and prudent capital operation mechanism, and prevent cross-industry transmission of risks.
In addition to property insurance institutions, the banking insurance supervision system covered all kinds of insurance intermediaries and insurance product sales channels until July.
The data shows that China Banking and Insurance Regulatory Commission * * issued 39 tickets to intermediaries, involving a total amount of 4.645 million yuan, and * * * punished 65,438 institutions +07 times, and investigated the responsibility of the responsible person 22 times; In terms of punishment, the insurance intermediary * * * received two large fines above 50 yuan, and two other institutions were asked to stop accepting new business, and two institutions were ordered to rectify.
Specifically, in July, five insurance brokerage companies including Guangdong Easy Insurance Broker were fined, three insurance sales companies including Hangzhou Big Bee Insurance Sales were fined, and seven insurance agencies including Tengbao Insurance Agency and Shanghai Oriental Insurance Agency were subject to administrative penalties.
Judging from the illegal reasons, most of the above-mentioned illegal acts of the company are related to irregular operation, which specifically involves giving the insured benefits outside the contract, operating beyond the business scope, making misleading statements, etc. Among them, Guangdong Yibao broker was fined the most severely for violating the rules, and was fined 6,543,800 yuan by CBRC, which was the highest in the insurance industry within one month.
According to the disclosure of the China Banking Regulatory Commission, Guangdong Easy Insurance Broker did not use the approved or filed insurance clauses and insurance rates when selling the insurance products of Anxin Property Insurance and Zhonghui Property Insurance, which violated the provisions of Article 170 of the Insurance Law and was fined 6,543,800 yuan. Yu Mou and Xu Mou, then general managers, and Yu Moumou, head of the sales management department and technical department, were all responsible for the above matters, and the three were fined 6,543,800 yuan respectively.
In addition, as an important channel for the sales of insurance products, many banking institutions are still subject to regulatory accountability for the irregular sales of insurance products. Data show that in July, China Agricultural Bank, Industrial and Commercial Bank of China, China Construction Bank, China Merchants Bank and Ping An Bank all had branches involved in insurance sales norms, and * * * involved seven banking institutions with five responsible persons, with a total fine of 92,7891.76 million yuan.
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