Core Viewpoint - The recent progress report on the rectification of the 14th Provincial Party Committee's sixth round of inspections highlights the ongoing compliance efforts of Yong'an Property Insurance Co., Ltd. (Yong'an Insurance), particularly in stopping high-risk insurance products and enhancing risk management practices [1][3]. Group 1: Compliance and Risk Management - Yong'an Insurance has actively halted high-risk, high-claim, and high-cost "three high businesses" to promote a return to the core of insurance protection [3]. - The company has implemented measures such as risk preference formulation, quarterly monitoring and evaluation, and risk management training to strengthen risk control [3]. - Yong'an Insurance has faced regulatory penalties for issues related to financial data inaccuracies and has initiated compliance training for sales personnel to ensure proper allocation of sales expenses and to prevent false reimbursements [3][6]. Group 2: Legal Issues and Financial Impact - Yong'an Insurance recently lost a lawsuit related to a guarantee insurance cooperation agreement with a financial company, resulting in a payment obligation exceeding 50 million yuan [6]. - The lawsuit stemmed from a contract dispute where Yong'an Insurance was required to pay service fees and penalties due to a breach of contract [6]. - The company's guarantee insurance business has seen a significant decline, with premium income dropping from over 1 billion yuan in previous years to 147 million yuan in 2024 [8]. Group 3: Future Strategies - Yong'an Insurance plans to accelerate the development of a "product + service" supply system and enhance its technological insurance capabilities to maintain its leading position in providing investment services to the real economy [4].
永安财险通报巡视整改进展,此前披露重大诉讼败诉
Bei Jing Shang Bao·2025-06-11 12:58