Revenue during the quarter went down marginally by 0.75 percent to $123.91 million from $124.84 million in the previous year period. During the quarter, the company has written premium worth $111.51 million on net basis, down 4.59 percent or $5.37 million.

Net investment income was at $8.64 million for the quarter, down 11.31 percent or $1.10 million from year-ago period.

Total assets increased 2,580.96 percent or $1,995.09 million to $2,072.38 million on Mar. 31, 2017. On the other hand, total liabilities were at $1,257.22 million as on Mar. 31, 2017.

Return on assets stood at 0.71 percent in the quarter, down 11.37 from 12.08 percent in the last year period. At the same time, return on equity was at 1.51 percent in the quarter, up 0.67 from 0.83 percent in the last year period.

Investments stood at $1,502.67 million as on Mar. 31, 2017. Meanwhile, yield on investments was at 0.58 percent in the quarter.

Meanwhile, reinsurance recoverables stood at $106.43 million on Mar. 31, 2017.

Total debt was at $296.45 million as on Mar. 31, 2017. Shareholders equity stood at $815.17 million as on Mar. 31, 2017, down 4.78 percent or $40.93 million from year-ago. As a result, debt to equity ratio was at 0.36 percent in the quarter.