Al Dafrah Insurance Company P.S.C. reported unaudited earnings results for the first quarter ended March 31, 2018. For the quarter, net premium was AED 28,721,756 against AED 40,104,990 a year ago. Net premium earned was AED 24,928,115 against AED 36,492,239 a year ago. Net underwriting income was AED 23,561,150 against AED 7,955,924 a year ago. Profit for the period was AED 16,201,022 or AED 0.16 per basic and diluted share against AED 8,899,673 or AED 0.09 per basic and diluted share a year ago. Net cash used in operating activities was AED 17,006,511 against net cash generated by operating activities of AED 12,944,717 a year ago. Payment for property and equipment was AED 26,049 against AED 39,650 a year ago. Payment for intangible assets was AED 13,400 against AED 45,241 a year ago.