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cailianshe news, september 18 (reporter peng kefeng)on september 18, the official website of the state financial regulatory administration disclosed that it would not approve the application of zhang jinping, the head of beijing dingli insurance brokerage co., ltd., for his lack of relevant ability. the reporter found that this year, at least eight insurance industry executives were rejected by regulators before taking office, mainly because they did not have the relevant qualifications or ability, and some were previously punished by regulators.

the proposed insurance industry executive was rejected by the regulator despite lack of ability

today, the guizhou financial regulatory bureau issued a document stating that it had received the "request for review of zhang jinping's qualifications by beijing dingli insurance brokers co., ltd." (dinglifa [2024] no. 7). after review, zhang jinping did not meet the qualification requirements of article 21 of the "regulations on the supervision of insurance brokers" "senior managers of insurance brokers shall have the following conditions" (3) "have the management and operation capabilities required to perform their duties and be familiar with insurance laws, administrative regulations and relevant regulations of the china insurance regulatory commission". after research, it was decided not to approve zhang jinping's application for qualifications.

the guizhou financial regulatory bureau further pointed out that if beijing dingli insurance brokers co., ltd. has any objection to the above decision, it may apply for administrative reconsideration to the state financial supervision and administration bureau within 60 days from the date of receipt of this reply, or file a lawsuit with the people's court with jurisdiction within 6 months from the date of receipt of this reply.

eight insurance industry executives have failed to pass the review this year, involving life insurance, property insurance, and brokerage companies

today, the reporter found that zhang jinping's failure to take office is not an isolated case in the insurance industry. this year, at least eight insurance industry executives were rejected by regulators before taking office. the main reason was that they did not have the relevant qualifications or abilities, and some were previously punished by regulators. from the perspective of the companies involved, there are well-known life insurance and property insurance companies, as well as many insurance brokerage companies.

on january 9, the regulator disclosed that min jie was given an administrative penalty of a warning and fine by the bozhou regulatory bureau of the state financial supervision and administration on december 19, 2023. according to regulations, min jie's qualifications as deputy general manager (in charge of work) of the central branch of ancheng property insurance co., ltd. will not be approved.

on june 24, the regulator disclosed that after review, wang tao did not meet the conditions stipulated in the second paragraph of article 7 of the "regulations on the qualification management of directors, supervisors and senior management of insurance companies" (china banking and insurance regulatory commission order no. 6 of 2021), and his qualifications for the position of deputy general manager (in charge of work) of xilingol central branch of inner mongolia branch of minsheng life insurance co., ltd. were not approved.

on july 15, the regulator disclosed that after review, yongfu did not meet the conditions stipulated in article 20, paragraph 2 of the "regulations on the qualification management of directors, supervisors and senior management of insurance companies" (china banking and insurance regulatory commission order no. 6 of 2021), and his qualifications as the general manager of taikang life insurance co., ltd. xilingol league central branch in inner mongolia were not approved.

on july 18, the regulator disclosed that after review, liu zhisheng did not meet the qualifications for the position stipulated in article 25 of the "regulations on the supervision of insurance agents" (china banking and insurance regulatory commission order no. 11 of 2020), and liu zhisheng's qualifications as executive director and general manager of shanxi dongsheng insurance agency co., ltd. were not approved.

on july 25, the regulator disclosed that after review, ke cong did not meet the qualification requirements of "having the business management capabilities required to perform his duties and being familiar with insurance laws, administrative regulations and relevant regulations of the state council's insurance regulatory authority". after research, it was decided not to approve ke cong's application for the position of yongxin insurance sales service co., ltd.

on july 31, the regulator disclosed that after review, li yan did not meet the conditions stipulated in the second paragraph of article 7 of the "regulations on the qualification management of directors, supervisors and senior management of insurance companies" (china banking and insurance regulatory commission order no. 6 of 2021), and her qualifications for the position of deputy general manager (in charge of work) of xilingol central branch of xinhua life insurance co., ltd. were not approved.

on september 2, the regulator disclosed that after review, zhang ming did not meet the conditions stipulated in the second paragraph of article 7 of the "regulations on the qualification management of directors, supervisors and senior management of insurance companies" (china banking and insurance regulatory commission order no. 6 of 2021), and his qualifications for the position of deputy general manager (in charge of work) of xilingol central branch of guoren property insurance co., ltd. were not approved.