Net loss for the year was
"The fourth-quarter and full-year 2011 results were mixed. Top line growth remained stable with total net revenues growing 15.1% and 22.9% year-on-year, for the fourth quarter and the fiscal year of 2011, respectively, which exceeded our previous guidance," said Wang.
Net revenue from commissions and fees generated from the property/casualty insurance, life insurance and claims adjusting businesses in 2011 contributed 68.3%, 18.3% and 13.4% of net revenue, respectively. Total net revenue was
In the fourth quarter,
The company expects total net revenue to rise by less than 5% for the first quarter of 2012, compared with the same period in 2011.
|Copyright:||(c) 2012 A.M. Best Company, Inc.|
|Source:||A.M. Best Company, Inc.|