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China Life Insurance's Xi'an Branch and 4 outlets fined a total of {10,000} yuan: inadequate management of insurance agents.

China Life Insurance's Xi'an Branch and its four business offices were ordered to rectify violations, issued warnings, and fined a total of 7 million yuan by the Shaanxi Financial Regulatory Bureau due to inadequate management of insurance agents. Relevant responsible personnel also received warnings and fines, underscoring the regulator's focus on sales compliance.

AUTHORSina Finance
DATE2026-10-10
VIEWS7784 views
COLUMNPublish Information
China Life Insurance Xi'an Branch and 4 outlets fined a total of {10,000 yuan}: inadequate management of insurance agents.

10 10 Financial News: According to the administrative penalty information published by the Shaanxi Financial Regulatory Bureau, China Life Insurance Xi'an Branch and its Xueshuangmen Marketing Service Department, Economic and Technological Development Zone Marketing Service Department, Chang'an South Road Marketing Service Department, and Zhonglou Business Department have been ordered to correct violations, warned, and fined a total of 7 yuan due to inadequate management of insurance agents.

China Life Insurance Company Limited Xi'an Branch was ordered to rectify the situation, issued a warning, and fined 1 ten thousand yuan; Shuyuan Street Marketing Service Department was ordered to rectify the situation, issued a warning, and fined 2 ten thousand yuan; Economic and Technological Development Zone Marketing Service Department was ordered to rectify the situation, issued a warning, and fined 2 ten thousand yuan; Chang'an South Road Marketing Service Department was ordered to rectify the situation, issued a warning, and fined 1 ten thousand yuan; Zhonglou Business Department was ordered to rectify the situation, issued a warning, and fined 1 ten thousand yuan. Dang Jining, Manager of Shuyuan Street Marketing Service Department; Fan Ye, Assistant Manager; Wang Yan, Manager of Economic and Technological Development Zone Marketing Service Department; Wang Hanxiao, Deputy Manager; Li Jiangfeng, Manager of Chang'an South Road Marketing Service Department; Yang Qingbo, Deputy Manager; and Wang Xiaoming, Deputy Manager of Zhonglou Business Department were each issued a warning and fined 1 ten thousand yuan.

Fine details:

No. | Party | Name | Main Violations | Administrative Penalty Details | Decision-Making Authority ---|---|---|---|---|--- 1 | China Life Insurance Company Limited Xi'an Branch and its Shuyuan Gate Marketing Service Department, Economic and Technological Development Zone Marketing Service Department, Chang'an South Road Marketing Service Department, Bell Tower Business Department, along with relevant responsible personnel | Inadequate management of insurance agents | Order China Life Xi'an Branch to rectify the issue, issue a warning, and impose a fine of 1 ten thousand yuan; order Shuyuan Gate Marketing Service Department to rectify, issue a warning, and impose a fine of 2 ten thousand yuan; order Economic and Technological Development Zone Marketing Service Department to rectify, issue a warning, and impose a fine of 2 ten thousand yuan; order Chang'an South Road Marketing Service Department to rectify, issue a warning, and impose a fine of 1 ten thousand yuan; order Bell Tower Business Department to rectify, issue a warning, and impose a fine of 1 ten thousand yuan. Issue warnings and impose fines of 1 ten thousand yuan each on Dang Jianing (Manager), Fan Ye (Assistant Manager) of Shuyuan Gate Marketing Service Department; Wang Yan (Manager), Wang Hanxiao (Deputy Manager) of Economic and Technological Development Zone Marketing Service Department; Li Jiangfeng (Manager), Yang Qingbo (Deputy Manager) of Chang'an South Road Marketing Service Department; and Wang Xiaoming (Deputy Manager) of Bell Tower Business Department. | Shaanxi Financial Regulatory Bureau

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