CNinsure, Continent Property Inked Strategic Cooperation

CNinsure Inc., the first insurance agency listing on the global main insurance agency, inked a head-to-head strategic cooperation agreement with China Continent Property & Casualty Insurance Company Ltd.

China Continent Property is the eighth property insurance inking such an agreement with the insurance agency. Plus 13 life insurance firms inking such an agreement with the insurance agency, the number of Chinese and foreign insurance firms inking overall strategic cooperation agreements with the insurance agency has arrived at 21 by far.

CNinsure Vice President Wang Chunlin showed that the cooperation between the two parties will be helpful for the further optimization of the construction of "insurance supermarket" and is expected to provide more diversified and higher-quality products and services.

China Continent Property is the only direct property insurance firm under China Reinsurance (Group) Company, had witnessed premium revenue of CNY 12.58 billion by the end of November 2010, growing 29.5% over the same period of a year earlier.