Minerva Insurance Company Public Limited announced audited consolidated earnings results for the year ended December 31, 2017. For the year, the company reported gross earned premiums of €11,493,955 against €10,946,906 a year ago. Net earned premiums were €10,386,185 against €9,839,706 a year ago. Operating profit was €12,363 against €419,701 a year ago. Loss before taxation was €74,428 against profit before taxation of €282,850 a year ago. Loss for the year was €149,945 or 0.19 cents per share against profit for the year of €131,762 or 0.17 cents a year ago. Net cash flow used in operations was €352,080 against €1,328,423 a year ago. Payments for purchase of property, plant and equipment were €69,991 against €28,214 a year ago. Payments for purchase of intangible assets were €157,832 against €12,987 a year ago.