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People's Insurance Company of China controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2018

    Former president Wang Yincheng sentenced to 11 years in first instance in bribery case

    On May 24, 2018, the Fuzhou Intermediate People's Court sentenced Wang Yincheng, former president of PICC Group, to 11 years in prison at first instance. The court found that from 2006 to 2016 he used his positions as vice president and president of PICC P&C and president of PICC Group to accept more than 8.7 million yuan in bribes.

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