Core Viewpoint - The regulatory authority has intensified scrutiny on insurance companies in Jilin, imposing fines for various violations, highlighting systemic issues within the industry related to compliance and internal controls [1][8]. Group 1: Regulatory Actions - On June 11, the Jilin branch of the National Financial Supervision Administration issued multiple fines targeting insurance institutions for violations such as providing benefits outside of contracts and failing to record sales processes as required [1][7]. - Fude Life Insurance's Jilin branch was fined 80,000 yuan for providing benefits outside of the insurance contract, with the assistant manager also penalized [3][4]. - The Jilin branch of Aizhong Life Insurance was fined 120,000 yuan for falsely listing business and management fees, with penalties imposed on senior management [6][7]. Group 2: Compliance Issues - Fude Life Insurance has a history of violations, with multiple branches facing penalties over the past year, indicating a pattern of non-compliance and internal management failures [3][6]. - Aizhong Life Insurance's actions of inflating expenses to extract funds for commissions and rebates have raised significant regulatory concerns [6][7]. - Dajia Life Insurance was penalized for failing to record sales processes, which undermines consumer rights and reflects a lack of adherence to internal control processes [7][8]. Group 3: Industry Context - The insurance sector is facing challenges in growth, with the three companies struggling to expand their market share in Jilin, leading to a reliance on questionable practices to meet performance targets [7][8]. - Since 2025, the Jilin regulatory authority has penalized 18 insurance institutions, totaling over 3 million yuan in fines, indicating a zero-tolerance approach to compliance violations [8].