Swiss Re insurance group in Beijing to set up medical insurance consultant subsidiary

According to the Swiss "financial" web site (www.fuw.ch) 4.2 reported, the Swiss Reinsurance Group (Swiss Re) the same day that Beijing will set up a wholly-owned subsidiary of the consultants, the title of "Beijing Prestige Health Consulting Services Co . As an independent "third-party administrator (TPA)", for China's hospitals, insurance companies and employers to provide health insurance plan the implementation of the relevant advisory services. Swiss Re said in 2007 in China's medical costs over 137 billion U.S. dollars, Of which 52 percent of domestic private pay, private medical insurance costs that occurred in the proportion of less than 6 percent, the health insurance industry means that the annual market potential of up to 67 billion U.S. dollars.