Date of events | 2026/09/16 | To which item it meets | paragraph 26 |
Statement | 1.Date of occurrence of the event:2026/09/16 2.The subject of the incident:report on behalf of subsidiaries:Shin Kong Life Insurance Co., Ltd. 3.Cause of occurrence (Explanation of the event):The FSC imposed penalties on Shin Kong Life Insurance Co., Ltd. for violating the article 171, Paragraph 1 of the Insurance Act and 171-1, Paragraph 4 of the Insurance Act. 4.Handling procedure:The FSC imposed penalties on Shin Kong Life Insurance after detecting deficiencies during a Routine Examination (Report No. 114I020) of the company's business operations. 5.Status of the injunction by the respective competent authority:A fine of NT$1.2 million dollars. 6.Whether being fined or penalized:Yes 7.Administrative fines(amount):NTD 1,200,000 元 8.Anticipated possible loss or impact:None 9.Amount of insurance claims that might be obtained(amount):Not available 10.Improvement status and future countermeasures:Shin Kong Life Insurance has corrected related deficiencies based on the FSC's instructions. 11.Whether material information regarding the same event has been previously released:None 12.Any other matters that need to be specified:None | ||
- Back to List
