Al Ain Ahlia Insurance Company P.S.C. announced earnings results for first quarter ended March 31, 2018. For the quarter, the company reported gross premium was AED 684 million compared with AED 537 million a year ago. Net underwriting income was AED 58.8 million compared with AED 40.8 million a year ago. Net investment income was AED 5.9 million compared with AED 5.2 million a year ago. Net profit for the period was AED 17.2 million compared with AED 23.2 million a year ago. Basic and diluted earnings per share were AED 1.15 compared with AED 1.55 a year ago. Net cash provided by operating activities was AED 163,939 against AED 106,185 a year ago. Purchases of property and equipment were AED 777 against AED 32,810 a year ago.