v2.3.0.11
Segment Reporting
12 Months Ended
Dec. 31, 2010
Segment Reporting [Abstract]  
Segment Reporting
(21) Segment Reporting
The Group operates in four principal operating segments: P&C, Life, Claims Adjusting and Datong. Business segments are defined as components of an enterprise about which separate financial information is available and evaluated regularly by the Company’s chief operating decision maker in deciding how to allocate resources and in assessing performance.
The principle activities of the four reportable operating segments are as follows:
1) P&C segment
This segment provides brokerage and agency services of property and casualty insurance products.
2) Life segment
This segment mainly provides life insurance brokerage and agency services.
3) Claims Adjusting segment
This segment provides pre-underwriting survey, claim adjusting, disposal of residual value, loading and unloading supervision and consulting services.
4) Datong segment
Datong segment is engaged in providing life insurance brokerage and agency services. The Group considers Datong as a separate segment as the target customers is different from the life segment and its performance will be reviewed by management individually.
The following table shows our operations by business segment for the years ended December 31, 2008, 2009 and 2010. Other includes expenses not allocated to reportable segments and corporate related items.
                                 
    Year ended December 31,  
    2008     2009     2010     2010  
    RMB     RMB     RMB     US$  
 
               
Net revenues
                               
P&C
    599,353       783,220       821,259       124,433  
Life
    154,174       177,713       235,584       35,695  
Claims Adjusting
    89,012       140,670       177,094       26,832  
Datong
    1,423       53,248       251,092       38,044  
 
                       
Total net revenues
    843,962       1,154,851       1,485,029       225,004  
 
                       
Operating costs and expenses
                               
P&C
    (319,776 )     (408,643 )     (389,266 )     (58,980 )
Life
    (127,634 )     (158,804 )     (194,612 )     (29,487 )
Claims Adjusting
    (70,961 )     (121,753 )     (156,825 )     (23,761 )
Datong
    (5,837 )     (72,281 )     (214,001 )     (32,424 )
Others
    (109,954 )     (67,174 )     (98,710 )     (14,956 )
 
                       
Total operating costs and expenses
    (634,162 )     (828,655 )     (1,053,414 )     (159,608 )
 
                       
Income (loss) from operations
                               
P&C
    279,577       374,577       431,993       65,453  
Life
    26,540       18,909       40,972       6,208  
Claims Adjusting
    18,051       18,917       20,269       3,071  
Datong
    (4,414 )     (19,033 )     37,091       5,620  
Others
    (109,954 )     (67,174 )     (98,710 )     (14,956 )
 
                       
Total income from operations
    209,800       326,196       431,615       65,396  
 
                       
                         
    As of December 31,  
    2009     2010     2010  
    RMB     RMB     US$  
 
               
Segment assets
                       
P&C
    956,836       1,876,999       284,394  
Life
    120,860       175,064       26,525  
Claims Adjusting
    174,425       175,777       26,633  
Datong
    169,507       282,799       42,848  
Others
    1,124,337       1,343,817       203,608  
 
                 
Total assets
    2,545,965       3,854,456       584,008