Aspis Liberty Life Insurance Public Company Ltd. provided earnings guidance for the six months ended June 30, 2012. The company announced that the results for the six months ended June 30, 2012 will be loss-making. The losses will be higher than those of the corresponding period of 2011. The losses are mostly attributable to the drop in the value of investments due to the ongoing financial crisis and the negative performance of the CSE. Specifically, the Company suffered serious losses from the great decline of the banking stocks and capital securities.