Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2026
Chuxiong Central Sub-branch Fined RMB 290,000 for Using Unfiled Insurance Clauses
In June 2026, Yongan Insurance's Chuxiong Central Sub-branch was fined RMB 290,000 for failing to use filed insurance clauses as required, with related personnel separately penalized.
2026
Ankang Central Sub-branch Fined RMB 460,000 for Inaccurate Data and Delayed Claims Handling
In August 2026, Yongan Insurance's Ankang Central Sub-branch was fined RMB 460,000 for inaccurate financial and business data and delayed claims handling, with three responsible persons separately held accountable.
2026
Xifeng Sub-branch Fined RMB 33,000 for Fabricating Financial Records
In July 2026, Yongan Insurance's Xifeng Sub-branch was fined RMB 33,000 by the Qingyang Financial Regulatory Bureau for fabricating financial records.
2022
Zhejiang Branch Fined 850,000 Yuan for False Reports and Violations of Clause and Rate Regulations
In November 2022, the Zhejiang Branch of Yongan Insurance was fined 850,000 yuan for false reporting materials and violations in the use of clauses and rates, with related personnel also penalized.
2021
Fined RMB 200,000 for Failing to Truthfully Self-report 1,827 Related-party Transactions
In February 2021, regulators determined that Yongan Insurance's self-inspection report failed to truthfully reflect 1,827 related-party transactions and other issues, constituting the submission of a false report; the company was fined RMB 200,000, and four responsible persons were separately warned and fined.
2015
Media Discloses Audit Findings of 16 Violations Involving Nearly 300 Million Yuan
In December 2015, National Business Daily reported on the 2013 audit results of Yongan Insurance, which involved 16 violations in financial revenue and expenditure and business management, involving nearly 300 million yuan. This entry concerns the exposure of audit issues and does not treat the total amount involved as a fine or customer loss.