Brief: Zhongan Online P & C Insurance Says Received Written Decision Of Administrative Penalty Of CBIRC

ZhongAn Online P & C Insurance

02/08/2021 16:13

Aug 2 (Reuters) - ZhongAn Online P & C Insurance Co Ltd
 6060.HK :
    * RECEIVED FROM CBIRC WRITTEN DECISION OF ADMINISTRATIVE
PENALTY
OF CHINA BANKING AND INSURANCE REGULATORY COMMISSION
    * CO IS FINED A TOTAL SUM OF RMB1.45 MILLION AND THEN
RESPONSIBLE
MANAGEMENT ARE FINED A TOTAL SUM OF RMB0.57 MILLION
    * AFTER CBIRC'S INVESTIGATION IN 2018, CO, THEN RESPONSIBLE
MANAGEMENT BREACHED PROVISIONS UNDER INSURANCE LAW OF PRC

Source text for Eikon:  ID:nHKS1f0sdl 
Further company coverage:  6060.HK