Atlantic Insurance Co. Public Ltd. reported unaudited consolidated interim management statement for the period from January 1 to November 20, 2013. For the period, the company reported gross premiums of EUR 19.194 million against EUR 17.497 million a year ago. Net premiums was EUR 12.909 million against EUR 13.432 million a year ago. Net earned premiums was EUR 13.210 million against EUR 13.430 million a year ago. Profit from operations was EUR 3.484 million against EUR 2.638 million a year ago. Profit before taxation was EUR 2.956 million against EUR 2.165 million a year ago. Consolidated profit attributable to shareholders was EUR 2.302 million against EUR 1.873 million a year ago. The increase in gross premiums is mostly attributable to the change of the billing dates of the EAC contract. Following the deduction of the reinsurance, the net earned premiums showed a decline of 1.6% to EUR 13.21 million against EUR 13.43 million.

The company believes that the group's profits for the full year 2013 will show improvement compared to the profits of 2012.