Financials Jan 12, 2022 07:19 AM (GMT+8) · EqualOcean
Financial Associated Press, Jan. 12 - according to the analysis on regulatory penalties in the insurance industry in 2021 recently released by PwC, in 2021, the CBRC and its dispatched offices issued 2182 Insurance Regulatory fines, involving 307 insurance institutions, with a total amount of about 303 million yuan, mainly involving the revocation of business licenses, the suspension of new businesses, the revocation of senior management qualifications, fines and warnings Order correction. In 2021, property insurance companies were the most punished by the regulatory authorities. The total amount of fines involved in "preparing or providing false reports, statements, documents and materials" is 90.76 million yuan, and the total number of fines involved is 485, which is the primary reason for the punishment of insurance institutions.

This text is a result of machine translation.