Latest news and articles about financial penalties
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China United Property & Casualty Insurance has been hit with at least 15 regional regulatory penalties in early 2026 for widespread branch-level misconduct including falsified documents, fictitious intermediary fees, inflated agricultural insurance and unauthorised product changes. The sanctions, issued by the National Financial Regulatory Administration and its regional bureaus, highlight systemic control weaknesses and signal intensified supervisory scrutiny of insurers in China.
