Luo Yan, chairman of the People's Insurance Group Co., Ltd., was removed from the company's party committee secretary.

According to the official WeChat account "People's Insurance" of the People's Insurance Group of China on Friday (February 17), the People's Insurance Group Co., Ltd. held a party committee expansion meeting on the afternoon.

The report said that due to the leadership of the Organization Department of the Central Committee of the Communist Party of China, the heads of the relevant cadres bureau of the Organization Department announced the decision of the CPC Central Committee to remove Luo Yan's party secretary of the Chinese People's Insurance Group Co., Ltd.

Earlier this month, the Chinese Life Insurance Corporation had requested that all employees recited the "golden sentence" that chairman Luo Yan said, and had to take the exam to cause criticism of public opinion.