欺骗投保人！中意人寿广东分公司被罚22万元

Core Viewpoint - China United Life Insurance Co., Ltd. (中意人寿) faced administrative penalties for deceiving policyholders, with a fine of 220,000 yuan imposed on its Guangdong branch and a 70,000 yuan fine on the deputy director Zhang Yahui [2][3]. Regulatory Actions - The Guangdong branch of China United Life Insurance was fined 220,000 yuan for deceiving policyholders, while Zhang Yahui, the deputy director, received a warning and a fine of 70,000 yuan [2][3]. - Other branches of China United Life Insurance have also faced penalties this year for various violations, including inadequate internal control execution, false meeting expenses, and providing benefits beyond contractual agreements to policyholders [2][4]. Company Background - China United Life Insurance was established in 2002 as a joint venture between China National Petroleum Corporation (中石油) and Italy's Generali Group, being the first Sino-foreign joint venture insurance company approved after China's entry into the WTO [4]. - In September 2016, China National Petroleum Corporation transferred its 50% stake to China National Petroleum Group Capital Co., Ltd. without compensation [4]. - The company has maintained strong operational fundamentals, achieving profitability for 15 consecutive years, with a net profit reaching 1.3 billion yuan in 2024, a year-on-year increase of 4.33% [4]. Financial Performance - As of June 30, 2025, China United Life Insurance reported insurance business revenue of 23.611 billion yuan, a year-on-year increase of 11.08%, and a net profit of 1.094 billion yuan, up 32.77% [5]. - The company has seen a gradual decline in premium income from China National Petroleum Corporation and its subsidiaries, with premiums received decreasing from 5.503 billion yuan in 2021 to 3.311 billion yuan in 2024 [5].