United Insurance Limited announced earnings results for the first quarter of ended June 30, 2012. For the quarter, the company reported gross premium income of AED 63,220,141 compared with AED 55,622,449 for the same period a year ago. Net underwriting income was AED 5,253,811 compared with AED 9,601,767 for the same period a year ago.

Net loss was AED 302,449 or AED 0.003 per basic share compared with net profit AED 364,655 or AED 0.004 per basic share for the same period a year ago. Net operating loss was AED 2,490,212 compared with net operating profit AED 1,919,156 for the same period a year ago.