FINANCE

China Probes Former Regional Insurance Regulator Chief

Published: Apr. 13, 2026 1:49 p.m. GMT+8

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Gao Cui.

Chinese authorities are investigating Gao Cui, a former head of the Liaoning branch of the country’s now-defunct insurance regulator, for suspected corruption, in a sign Beijing’s anti-graft drive in the financial sector remains active.

The probe was announced Friday by anti-corruption authorities.

Gao and her husband, He Wanjun, were both detained, people familiar with the matter told Caixin.

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Chinese authorities probe ex-Liaoning insurance regulator head Gao Cui, 58, for corruption; husband He Wanjun detained.
Gao led branch from 2011, later Party chief at Rongsheng Property & Casualty Insurance.
Husband heads Sino-Conflux Insurance; both firms reported losses last year.

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Who’s Who

Rongsheng Property & Casualty Insurance Co. Ltd.: Rongsheng Property & Casualty Insurance Co. Ltd., a Liaoning-based insurer, was helped established by former regulator Gao Cui, who served as its Communist Party chief. It reported losses last year amid pressures on smaller regional players in China's insurance market.

Sino-Conflux Insurance Co.: Sino-Conflux Insurance Co. (中孚保险股份有限公司), based in Liaoning, is led by He Wanjun as party chief and acting head—husband of former regulator Gao Cui. The firm has faced prolonged shareholder disputes, weak performance, and reported losses last year amid pressures on China's smaller regional insurers.

AI generated, for reference only