El Pacifico Compania de Seguros y Reaseguros reported earnings results for the first quarter ended March 31, 2012. For the quarter, the company reported net income before minority interest of $11.5 million which represents a 36.6% increase with regard to fourth quarter result of $8.4 million. This was attributable to an increase in Financial Income and lower Operating Expenses. Net financial income grew 44.1% quarter over quarter; this was primarily due to higher financial income, which was attributable to gains on sales of securities for $9.5 million.