Sun Life tops insurance fines in February  

保监会2月公布64张罚单 阳光人寿被罚140万居首

2013年2月过去了，保险业又要进行一次月末盘点，据保监会网站2月1日至2月28日公布的罚单统计，2月保监会共公布罚单64张，其中阳光人寿被罚140万元位居榜首，各保险公司虚列费用仍是问题焦点。

(Ecns.cn) -- The China Insurance Regulatory Commission (CIRC) imposed a fine of 1.4 million yuan on Sun Life Insurance in February, according to the commission's website.

In February, CIRC announced a total of 64 citations, and Sun Life Insurance topped the monthly list with its big fine. Falsifying expenses is still a common method of operation among insurance companies, information from the website showed.

CIRC began inspecting the business practices of Sun Life Insurance in 2010. The company was fined 1.4 million yuan for falsifying expenses, using insurance items and rates not in accordance with approved provisions or filing terms, untrue business information and deceiving policyholders, the insured or the beneficiary.

In February, falsifying expenses, cash funds, and false invoices were the top three problems, according to CIRC.

Meanwhile, the Industrial & Commercial Bank of China was also named on the February list for one of its branches selling insurance products without a license.