China Life chief to run People's Insurance Group: report

China Life Insurance president Miao Jianmin has been appointed
vice chairman and president of People's Insurance Group of
China, according to reports.
Chinese financial news service Caixin reported that Miao had
been hired to replace Wang Yinching.
The appointment followed Wang's resignation last month
following revelations he was being investigated by the Central
Commission for Discipline Inspection.
Wang is the highest-ranking executive in the sector to fall foul
of Chinese premier Xi Jinping'