Middlesea Insurance plc reported audited group and company earnings results for the year ended December 31, 2014. For the year, on group basis, the company reported profit before tax for the year amounted to €17.313 million as compared to a profit during the previous year of €17.305 million. Total income from insurance activities of €14.916 million compared to €13.407 million for the same period a year ago. Profit attributable to shareholders was €7.165 million or 7.8 cents per share compared to €6.028 million or 6.6 cents per share for the same period a year ago. Net cash generated from operating activities was €95.124 million compared to €55.490 million for the same period a year ago.

On company basis, for the year the company reported total income from insurance activities of €4,484,000 compared to €3,268,000 for the same period a year ago. Profit before tax was €6.380 million compared to €5.900 million for the same period a year ago. Profit attributable to shareholders was €5.2 million compared to €4.23 million for the same period a year ago. Net cash generated from operating activities was €3.977 million compared to €2.681 million for the same period a year ago.