Palestine Insurance Company reported consolidated earnings results for the first half year ended June 30, 2018. For the first half year, the company reported gross premiums written of USD 8,486,915 against USD 6,535,913 a year ago. Earned insurance revenues were USD 7,163,805 against USD 6,008,737 a year ago. Net premium revenue was USD 8,703,103 against USD 7,237,660 a year ago. Net Insurance profit before investment income and general and administrative expenses was USD 2,815,257 against USD 5,427,868 a year ago. Net income before tax was USD 512,832 against USD 2,358,584 a year ago. Net income after tax was USD 412,832 against USD 2,125,887 a year ago. Basic and diluted earnings per share were USD 0.062 against USD 0.420 a year ago. Negative net cash flow from operating activities was USD 760,652 against net cash flow from operating activities of USD 2,588,033 a year ago. Purchase of property, plant and equipment was USD 92,962 against USD 585,940 a year ago.