SIC Insurance Company Limited announced earnings results for the third quarter ended September 30, 2016. For the quarter, the company reported gross earned premium of GHS 128,221,658 compared to GHS 106,235,930 a year ago. Net written premium was GHS 73,152,646 compared to GHS 62,054,436 a year ago. Net earned premium was GHS 57,326,020 compared to GHS 62,017,432 a year ago. Underwriting loss was GHS 3,391,901 compared to GHS 13,579,828 a year ago. Profit before tax was GHS 10,113,156 compared to GHS 1,562,324 a year ago. Profit after tax transferred to income surplus account was GHS 7,079,209 compared to GHS 1,140,496 a year ago. Basic earnings per share was GHS 0.0362 compared to GHS 0.0058 a year ago. Net cash from operating activities was GHS 1,577,043 compared to net cash used in operating activities of GHS 18,571,876 a year ago. Acquisition of property, plant and equipment was GHS 2,052,504 compared to GHS 674,695 a year ago.