Financial news on 10/19: According to the public information table of administrative penalties issued by the Dalian Regulatory Bureau of the National Financial Regulatory Administration, Zhu Yan (former Deputy General Manager of PICC Property and Casualty Company Limited, Zhongshan Branch in Dalian) has been permanently banned from the insurance industry for fabricating insurance intermediary business.
Fine details:
No. Party Name Penalty Decision Number Main Illegal/Violative Acts Penalty Content Issuing Authority 1 Zhu Yan (Deputy General Manager of Dalian Zhongshan Branch, PICC Property and Casualty Company Limited at the time) Dajin Punishment Decision No. [Year] 2026 87 Fabricated insurance intermediary business Ban from entering the insurance industry for life National Financial Regulatory Administration Dalian Bureau
