China Re Asset Management Fined 3 Million Yuan

Deep News

2025/10/11

On October 11, administrative penalty information disclosed by the National Financial Regulatory Administration showed that China Re Asset Management Co., Ltd. was fined 3 million yuan for failing to use insurance company funds in accordance with regulations. Four individuals - Liu Fan, Zhou Jinrong, Liu Feng, and Lu Jie - were warned and collectively fined 230,000 yuan.

China Re Asset Management Co., Ltd. was established in February 2005 as one of China's first batch of insurance asset management companies, initiated by China Reinsurance (Group) Corporation. The company has a registered capital of 1.5 billion yuan. In 2024, the company achieved revenue of 865 million yuan and net profit of 226 million yuan.

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