Insurance House PSC reported unaudited earnings results for the first quarter ended March 31, 2018. For the quarter, the company reported gross premium of AED 78,352,158 compared to AED 83,005,492 a year ago. Net premiums of AED 52,852,005 compared to AED 69,908,884 a year ago. Net premium earned of AED 36,294,771 compared to AED 42,066,884 a year ago. Gross income of AED 14,819,795 compared to AED 11,331,044 a year ago. Net profit for the year of AED 3,860,809 compared to AED 1,896,549 a year ago. Basic and diluted earnings per share of AED 0.03 per share compared to AED 0.0160 per share a year ago. Net cash flow from operating activities of AED 10,523,977 compared to AED 15,617,178 a year ago. Payments for purchases of property and equipment of AED 300,485 compared to AED 342,084 a year ago.