China Assurance Finance Group Limited provided group earnings guidance for the quarter ended March 31, 2012. For the quarter, the board of directors of the company expects to record a significant loss against a profit recorded for the comparative quarter for the three months ended 31 March 2011. Such estimated loss was primarily attributable to the expenses related to the grant of share options to eligible persons of the group on March 23, 2012 which is one-off and non-cash in nature.