PICIC Insurance Limited reported earnings results for the year ended December 31, 2017. For the period, the company reported revenue account of PKR 44,643,000 compared to PKR 76,310,000 a year ago. Underwriting losses were PKR 10,795,000 compared to underwriting profit of PKR 24,998,000 a year ago. Loss before taxation was PKR 41,647,000 compared to PKR 24,367,000 a year ago. Loss after taxation was PKR 42,231,000 or PKR 1.21 per basic and diluted share compared to PKR 24,881,000 or PKR 0.71 per basic and diluted share a year ago.