Picic Insurance Ltd. reported unaudited earnings results for the third quarter and nine months ended September 30, 2016. For the quarter, the company reported revenue account of PKR 16,025,000 compared to PKR 15,460,000 a year ago. Underwriting results were PKR 26,321,000 compared to PKR 6,372,000 a year ago. Profit before taxation was PKR 14,459,000 compared to loss before taxation of PKR 13,331,000 a year ago. Profit after taxation was PKR 14,459,000 compared to loss after taxation of PKR 13,331,000 a year ago. For the nine months, the company reported revenue account of PKR 47,282,000 compared to PKR 111,318,000 a year ago. Underwriting results were PKR 23,238,000 compared to PKR 43,288,000 a year ago. Loss before taxation was PKR 14,542,000 compared to PKR 16,243,000 a year ago. Loss after taxation was PKR 14,542,000 or PKR 0.42 per basic and diluted share compared to PKR 16,601,000 or PKR 0.47 per basic and diluted share a year ago.