Al Buhaira National Insurance Company P.S.C. reported earnings results for the first quarter ended March 31, 2018. ABNIC written premium stood at AED 123 million during the first quarter 2018 compared to AED 129 million for the first quarter of 2017. The company posted AED 10 million as its underwriting profit during the first quarter 2018 compared to AED 12.5 million for the first quarter of 2017. The company's total net profit at the end of first quarter 2018 is AED 19 million compared to AED 24 million for the period ended March 31, 2017.