SIC Insurance Company Limited announced unaudited earnings results for the first quarter ended March 31, 2018. For the quarter, the company reported net premium of GHS 31,890,576 compared to GHS 33,053,097 a year ago. Profit before tax was GHS 8,687,202 compared to GHS 3,512,551 a year ago. Profit after tax was GHS 6,081,043 compared to GHS 2,458,785 a year ago. Earnings per share was GHS 0.0311 compared to GHS 0.0126 a year ago. Net cash used in operating activates was GHS 6,905,939 compared to GHS 14,171,342 a year ago. Acquisition of property, plant and equipment was GHS 809,497 compared to GHS 428,378 a year ago. Net assets per share as of March 31, 2018 was GHS 0.5547.