Al Dhafra Insurance Company P.S.C. announced the earnings results for the year ended December 31, 2017. For the period, the company reported gross written premium of AED 415,280,854 as compared to AED 336,262,673 for the same period last year. Net premium earned was AED 128,796,253 as compared to AED 159,644,541 for the same period last year. Profit was AED 51,549,446 as compared to AED 21,805,139 for the same period last year. Basic and diluted earnings per share was AED 0.52 as compared to AED 0.22 for the same period last year. Net cash generated from operating activities was AED 31,072,316 as compared to cash used was AED 10,716,265 for the same period last year. Net underwriting income was AED 68,776,126 as compared to AED 29,281,726 a year ago. Payments for purchase of property and equipment was AED 304,181 compared to AED 221,423 a year ago. Payments for purchase of intangible assets was AED 383,744 as compared to AED 495,613 a year ago.