>> Friday, February 26, 2010
Results of the "60 Greatest Insurance Leaders in 60 Years of New China's history Award" were announced on February 10, 2010. In recognition of their outstanding contributions to the growth of the insurance industry, Chairman & Chief Executive Office of CNinsure Inc. (Nasdaq: CISG) ("CNinsure"), Mr. Yinan Hu, and CNinsure's Independent Director, Mr. Yongwei Ma, former Chairman of the China Insurance Regulatory Commission ("CIRC"), were named the Greatest Insurance leaders. Winners of the award included insurance veterans that have led the insurance industry in various areas at its different stages of development during the past sixty years. The award was organized by the China Insurance News, which is the only publicly-circulated newspaper in the Chinese insurance industry and one of the few newspapers designated by the CIRC, the market regulator, for disclosing insurance information. Mr. Yinan Hu is the founder of CNinsure and has been chairman of its board of directors and its chief executive officer since 1998. Mr. Hu received a bachelor's degree and a master's degree in economics from Southwestern University of Finance and Economics in China. Mr. Yongwei Ma has been CNinsure's independent director since May 2008. Since 2003, he has been a member of the Standing Committee of National Committee of the Chinese People's Political Consultative Conference. From 1998 to 2002, he was the chairman of China Insurance Regulatory Commission. From 1996 to 1998, he served as the chairman and president of the former China Insurance Group Company. From 1994 to 1996, he served as the chairman and president of the former People's Insurance Company of China. Mr. Ma is a researcher and graduated from the finance department of Liaoning Finance and Economics University. SOURCE CNinsure Inc.
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