TAG / Property and Casualty Insurance

Property and casualty insurance company

co65this articleView all posts
2026-10-209332

Yongcheng Property & Casualty Insurance Co., Ltd. received total fines of 61 million yuan across two regions; its health and accident insurance segment reported losses exceeding 100 million yuan in the first half of the year.

Yongcheng Property & Casualty Insurance was fined a total of 61 million yuan in Shanghai and Shenzhen for false data and underwriting management violations. Its branches in multiple regions had previously been penalized as well. Although revenue and net profit both increased in the first half of the year, its health and accident insurance business still posted losses exceeding 100 million yuan, while facing challenges such as shareholder equity transfers.

Sina Finance2026-10-20
2026-10-198401

Misuse of policy terms and rates: Zhongyi Property & Casualty Insurance Shanghai Branch and the responsible parties fined a total of 47 ten-thousand yuan.

Zhongyi Property & Casualty Insurance Company's Shanghai Branch was fined 40 million yuan for failing to use filed rates and premiums as required, while the responsible individual was fined 7 million yuan. Previously, its Sichuan Branch was penalized for financial fraud. Combined, the total fines amount to 91 million yuan. The company's net profit in the first half of the year dropped significantly year over year.

Cai Zhong She2026-10-19
2026-10-195405

PICC Cited by Famous Actor for Complaint: How Does Chen Hui, Managing Director of PICC Property & Casualty, Respond?

A well-known actor criticized Pacific Insurance's auto insurance renewal service for online order issues and poor communication, sparking public concern. In response, Pacific Property & Casualty Insurance apologized and assigned a dedicated team to handle the case; the actor ultimately chose to cancel their policy. As one of China's leading property and casualty insurers, Pacific P&C ranks high in auto insurance volume. This incident highlights the need to improve its claims processing and customer service workflows.

China Operator Financial Network2026-10-19
2026-10-195374

Insurance Safeguards "AI + Manufacturing" Industry Upgrade: China Life Property & Casualty Shandong Branch Showcases Development Philosophy and Innovation Practices at AI Industry Conference

China Life Property & Casualty Insurance Shandong Branch showcases its expertise at the 2026 Artificial Intelligence Industry Conference, sharing practical insights on "AI + Manufacturing" protection. The company has established a three-dimensional product framework, implemented risk reduction services, and leveraged nearly 3500 billion yuan in investments within Shandong to empower industrial upgrading with comprehensive, end-to-end support.

Qilu Evening News - Qilu Yidian Official Client Weibo2026-10-19
2026-10-194723

Fictitious insurance intermediary business: Lifelong ban imposed on responsible persons at PICC Property and Casualty Company's Zhongshan Branch in Dalian

The National Financial Regulatory Administration's Dalian Bureau announced disciplinary actions. Zhu Yan, former Deputy General Manager of PICC Property and Casualty Company Limited's Zhongshan Branch in Dalian, was banned from entering the insurance industry for life due to fabricating insurance intermediary business.

Sina Finance2026-10-19
2026-10-195220

Should You Insure Luxury Goods? 3 Types Pay 10 Times Less in Premiums—Choosing Wrong Means No Payout + FAQ

This article breaks down luxury insurance strategies for three key groups: frequent travelers, home collectors, and second-hand traders, offering tailored plans with premiums varying up to tenfold. Key advice includes insuring for replacement value, selecting all-risk coverage, and carefully reviewing deductibles. It also clarifies claim reporting deadlines and required documentation to help consumers avoid costly mistakes that could lead to denied claims.

New Wave Express2026-10-19
2026-10-168418

Leadership Change at Dongwu Property Insurance: New Chairman Announced, Executive Search Underway

After officially announcing its new chairman, Dongwu Property & Casualty Insurance launched a senior executive social recruitment drive. The company reported a net loss of 0.51 billion yuan in the first half of the year. This market-oriented talent acquisition aims to bring in skilled professionals to address competitive challenges, enhance governance transparency, and drive business innovation breakthroughs.

Market Insights2026-10-16
Loli Tech

LuoLi Tech is an information platform dedicated to the insurance industry, providing timely, professional, and compliant industry insights and in-depth analysis.

Content on this site is for informational and opinion-sharing purposes only and does not constitute insurance advice. Please refer to the terms of your insurance policy for details.

Contact Information

CONTACT

© 2026 Luoli Technology. All rights reserved.

Guangdong ICP License No. 2026167722

Guangdong ICP Record No. 2026167722-1