China News Service, February 26. According to the website of the China Banking and Insurance Regulatory Commission, in response to the original employee’s “reporting of China Life’s mass fraud” video, the head of the relevant department of the China Banking Regulatory Commission responded on the 26th: In response to the issue reported by the reporter, Heilongjiang Banking and Insurance Regulatory Commission The Heihe Branch of the Bureau conducted an inspection on the Nenjiang branch of China Life Insurance Heihe City in accordance with the law, and imposed administrative penalties on the verified violations of laws and regulations.

  The heads of relevant departments of the China Banking and Insurance Regulatory Commission made the above statement when answering reporters' questions on recent media concerns.

  The person in charge pointed out that after the incident, the China Banking and Insurance Regulatory Commission attached great importance to it and requested the Heilongjiang Banking and Insurance Regulatory Bureau to set up a special working group to initiate investigations.

In the early stage, in response to the issues reported by the whistleblower, the Heihe Branch of the Heilongjiang Banking and Insurance Regulatory Bureau inspected the Nenjiang branch of China Life in Heihe City in accordance with the law, and imposed administrative penalties on the verified violations of laws and regulations.

  The person in charge said that in the next step, the Heilongjiang Banking and Insurance Regulatory Bureau will draw inferences from one another, combine the verification of letters and visits with the investigation of violations of laws and regulations, and comprehensively investigate the relevant businesses within the jurisdiction of China Life in Heilongjiang Province, and based on the verified situation, the relevant institutions and responsible persons will be legally determined. Take it seriously.

At the same time, the China Life Insurance Regulatory Commission instructed China Life to conduct in-depth inspections of clues, comprehensive self-inspection, increase accountability, and effectively protect the legitimate rights and interests of consumers and practitioners.

Currently, China Life has made specific arrangements and is stepping up relevant work.

  The person in charge said that in recent years, the China Banking and Insurance Regulatory Commission has been committed to rectifying chaos in the bancassurance market and increasing the protection of consumer rights.

In 2020, the whole system will punished 3,178 bancassurance institutions, punished 4,554 persons responsible, and fined 2.275 billion yuan in total.

In December 2020, the executive meeting of the State Council deployed measures to promote the expansion, quality, and steady development of the life insurance industry.

The China Banking and Insurance Regulatory Commission will thoroughly implement the decisions and deployments of the Party Central Committee and the State Council, further deepen reforms, strengthen supervision, resolutely rectify chronic illnesses and market chaos in the industry, and promote the high-quality development of the life insurance industry.

All sectors of society are welcome to supervise the banking, insurance industry and supervision.