Investigation Launched Into Yu Ze, President of China's Largest Property Insurer

China's premier anti-corruption authority, the Central Commission for Discipline Inspection (CCDI), has initiated an investigation into Yu Ze, president of PICC Property and Casualty Co., the country's leading property insurer. Yu is under scrutiny for alleged serious violations of discipline and law. This development followed reports of his attendance at a company meeting on November 28 and his subsequent removal from the company shortly after. The investigation reflects increased regulatory oversight in China's insurance sector, particularly targeting governance and compliance within major financial institutions.