Insurance Players Reposition for Growth - Equity Research on CNinsure Inc. and Brown & Brown, Inc.
May 17 2011 - 9:00AM
Marketwired
Today, www.WorldStreetFundamentals.com released its industry report
highlighting CNinsure Inc. (NASDAQ: CISG) and Brown & Brown,
Inc. (NYSE: BRO). Full fundamental and technical analysis is
available at www.WorldStreetFundamentals.com/Reports.php.
Heightened competition within the industry combined with a
softer pricing environment is expected to fuel greater acquisition
activity. Insurance brokers look to increase revenues to drive
bottom line as margin expansions are beginning to hit, against a
backdrop of cost-cutting initiatives by companies in 2009 and in
2010. Longer term conditions are expected to see a reversal in the
pricing cycle within 2-3 years. Organic growth beyond this period,
combined with previous period and current period cost-cutting,
creates a stronger case to see premium growth in industry
front-runners beyond 2013.
World Street Fundamentals has highlighted CNinsure because of a
preliminary non-binding proposal letter dated May 14, 2011, from
TPG Asia V MU, Inc. (TPG Asia), Kingsford Resources Limited, to
acquire all of the outstanding ordinary shares of the Company, in a
going private transaction for $19.00 per ADS in cash, subject to
certain conditions. The entire report on CNinsure Inc. (NASDAQ:
CISG) is available here:
www.WorldStreetFundamentals.com/ViewFullReport.245.php.
World Street has highlighted Brown & Brown for its position
as a diversified insurance agency, wholesale brokerage, insurance
programs and service organization. It markets and sells insurance
products and services to its customers in the property and
casualty. It has four segments including: Retail Division, which
provides a range of insurance products and services to commercial,
public entity and individual customers; National Programs Division,
which contains two units, such as Professional Programs and Special
Programs.
The remaining two segments include: Wholesale Brokerage
Division, which markets and sells excess and surplus commercial and
personal insurance, and reinsurance through independent agents and
brokers, and Services Division, which provides clients with
third-party claims administration and consulting for the workers'
compensation insurance market. The entire report on Brown &
Brown, Inc. (NYSE: BRO) is available here:
www.WorldStreetFundamentals.com/ViewFullReport.138.php.
About World Street World Street Fundamentals is an online portal
for professionals, investors and new-comers to the markets to find
in depth comprehensive research and research tools to help guide
you through the ever changing financial markets. Covering the top
performers in the hottest sectors and providing clarity to
investors around the world.
Contact: Adam Redford Email Contact
www.WorldStreetFundamentals.com
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