Gen Re Expands Presence in China With Partnership With VHS

SHANGHAI, CHINA -- (MARKET WIRE) -- 04/10/08 -- Valurise Health Solutions ("VHS"), the pioneer in health management services in China, and Cologne Reinsurance Company ("Gen Re"), one of the largest international reinsurers, today announced a partnership between VHS and Gen Re to jointly expand Chronic disease prevention and health management initiatives in China insurance industry and to provide support to insurers in domains of health insurance products development and health insurance risk management in China.

In recent years, the development pace of China's comprehensive national strength is astounding the world. The Chinese Government proposes the construction of a harmonious society, thus China's insurance industry faces unprecedented opportunities. An advanced integrated health management service system is the basic protection to the risk of disease, and is an effective way to reduce the claim cost of health insurance. This first strategic cooperation between a reinsurance company and a health management services company will promote the development of the Chinese insurance industry -- to guide policy holders to effectively reduce their disease risk. And also this Unprecedented cooperation will effectively promote the business model development of the insurers and medical centers, from a purely medical model to an integrated model with value-added health management services, risk management solutions, and managed care services.

"We are excited that an internationally reputable reinsurance group such as Gen Re has found common ground with our company. We strongly believe in the market opportunity of the Chinese health insurance and healthcare management market and are here to provide the best solution for insurance companies and related parties to address the challenges of non-communicable chronic diseases that exist in China today. We wish that Gen Re continues to play an important role in promoting this developing insurance market in China," said Rico Tong, CEO of Valurise.

Cologne Reinsurance Company (Gen Re):

Cologne Reinsurance Company was established in 1852. It merged with General Re of USA in the 1990s. The group is now known as Gen Re. The company, a subsidiary of Berkshire Hathaway Inc., is one of the largest international reinsurers. Based on professional technical service and risk management, Gen Re has offices in more than 50 countries around the world. It has solid financial strength and excellent technical teams. Its financial strength has received the highest ratings from Standard and Poor's (AAA), Moody's (Aaa) and A.M.Best (A++). See www.genre.com for more information.

Contact: Rico W. Tong PhD HIA FLMI Chief Executive Officer Valurise Health Solutions [VHS] 1901 City Gateway Tower, 398 N. Cao Xi Rd., XuHui District, Shanghai 200032 P.P.China Tel: +86 21 33688626 Ext. 8008 Direct&FAX: +86 21 33688589 Cell: +86 1592 177 0308 rico.tong@valurise.com www.valurise.com

2008-04-10 23:36:13 0333593 MARKETWIRE