Group 1 - The China United Property Insurance Company was fined 150,000 RMB for failing to strictly implement insurance terms approved or filed with regulators [1][2] - The responsible individual, Xu Zhentao, received a warning and a fine of 20,000 RMB [1][2] - The company was established on July 15, 1986, and became the only state-controlled insurance company named "China" in 2002 [2] Group 2 - As of December 2024, the registered capital of China United Property Insurance is 14.64 billion RMB, with a comprehensive solvency adequacy ratio of 227.2% [3] - In 2024, the company achieved premium income of 68.12 billion RMB, ranking fifth in the property insurance market [3] - The company has a strong presence in agricultural insurance and ranks third in the market for policy-based health insurance [3]
未严格执行经监管批准或者备案的保险条款等，中华财险被罚15万元
Sou Hu Cai Jing·2025-08-10 11:58