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CNinsure Enters Into Strategic Partnership With Minsheng Life Insurance
Date:4/15/2008

GUANGZHOU, China, April 15 /Xinhua-PRNewswire-FirstCall/ -- CNinsure Inc. CISG, a leading independent insurance agency and brokerage company operating in China, today announced the signing of an agreement for strategic partnership with Minsheng Life Insurance Co., Ltd ("Minsheng Life Insurance").

According to the agreement, CNinsure will further strengthen its partnership with Minsheng Life Insurance at both the group and local branch levels to further promote the business between the two parties.

Founded in 2002 and headquartered in Beijing, Minsheng Life Insurance is one of the seven nationwide insurers under direct supervision of the China Insurance Regulatory Commission. Minsheng Life Insurance and CNinsure have maintained business cooperation at the local branch level since 2006.

Commenting on the event, CNinsure's Chairman and Chief Executive Officer, Yinan Hu, said, "We are pleased to announce the signing of this strategic agreement. We believe this agreement will deepen our cooperation with Minsheng Life and benefit both parties. We are confident that our strategic cooperation will be viewed as a good example of cooperation between insurers and professional insurance intermediaries."

About CNinsure Inc.

CNinsure is a leading independent insurance agency and brokerage company operating in China. CNinsure's distribution network reaches some of China's most economically developed regions and affluent cities. The company distributes a wide variety of property and casualty and life insurance products underwritten by domestic and foreign insurance companies operating in China, and provides insurance-related services.

Forward-looking Statements

This press release contains statements of a forward-looking nature. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward- looking statements by terminology such as "will
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SOURCE CNinsure Inc.
Copyright©2008 PR Newswire.
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