Due to the violation of operating insurance business across provinces, Fosun United Health Sichuan Branch was fined a total of 410,000 yuan.

date
11/05/2026
On May 11, the Sichuan Regulatory Bureau of the China Banking and Insurance Regulatory Commission announced administrative penalties, showing that Fosun United Health Insurance Co., Ltd.'s Sichuan branch and related responsible parties engaged in illegal cross-provincial insurance business, deceived policyholders, provided false financial data, and did not properly manage the dual-record video materials as required by law. The Sichuan Regulatory Bureau of the China Banking and Insurance Regulatory Commission issued a warning and fined Fosun United Health Insurance Co., Ltd.'s Sichuan branch 290,000 yuan; Zhang Yuanchao, Yin Dong, Jin Chunlei, Tan Lin, and Wang Xin were each warned and fined a total of 120,000 yuan.