Core Points - Xinhua Life Insurance Co., Ltd. Fuzhou Branch was penalized for false reporting of insurance channel fees and for entrusting medical personnel to sell health insurance products, resulting in a warning and a fine of 208,000 yuan [1] - Pan Yong, the former manager of the bank business department at Xinhua Life Insurance Co., Ltd. Fuzhou Branch, received a warning and a fine of 41,000 yuan for similar violations [1] - Fu Jianwei, the former deputy general manager of the same branch, was also warned and fined 21,000 yuan for the same issues [1] Summary by Category Company Actions - Xinhua Life Insurance Co., Ltd. Fuzhou Branch was fined for untruthful reporting of fees related to the bank insurance channel [2] - The company was involved in the improper practice of allowing medical personnel to sell health insurance products [1][2] Individual Penalties - Pan Yong was penalized with a fine of 41,000 yuan for his role in the violations [1] - Fu Jianwei faced a fine of 21,000 yuan for similar misconduct [1]
因银保渠道手续费列支不真实等问题,新华人寿福州中支被罚20.8万元