United Insurance Company P.S.C. announced unaudited earnings results for the second quarter and six months ended June 30, 2018. For the quarter, the company announced gross premium income of AED 23,319,919 compared with AED 17,888,253 a year ago. Total underwriting income was AED 10,949,218 compared with AED 8,306,978 a year ago. Net underwriting loss AED 5,171,152 compared with AED 2,631,289 a year ago. Loss for the period was AED 2,350,230 or AED 0.024 per basic and diluted share compared with AED 1,642,175 or AED 0.016 per basic and diluted share a year ago. For the six months, the company announced gross premium income of AED 53,001,022 compared with AED 46,685,281 a year ago. Total underwriting income was AED 22,158,572 compared with AED 14,910,092 a year ago. Net underwriting loss AED 7,884,534 compared with AED 6,533,118 a year ago. Net loss for the period was AED 2,994,097 or AED 0.030 per basic and diluted share compared with AED 4,866,186 or AED 0.049 per basic and diluted share a year ago. Net cash generated from operating activities was AED 661,952 compared with AED 4,852,627 a year ago. Purchase of property and equipment was AED 216,420.