CIG Pannónia Life Insurance Plc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2018. For the six months, the company's gross written premium was HUF 11,468 million compared to HUF 12,602 million a year ago. Profit before taxation was HUF 1,302 million compared to HUF 2,576 million a year ago. Profit after taxation was HUF 1,155 million compared to HUF 2,484 million a year ago. Profit after taxation attributable to the company's shareholders was HUF 1,155 million or HUF 15.1 per basic and diluted share compared to HUF 2,496 million or HUF 37.8 per diluted share a year ago. Net cash flow from operating activities was HUF 1,541 million compared to HUF 1,389 million a year ago. Purchase of tangible and intangible assets was HUF 134 million compared to HUF 101 million a year ago. Gross written premium was decreased is primarily due to the significant decline in the top-up and single premiums, that is caused by the fact that according to EU IFRSs considerably more of the Group's policies should be classified as investment contract, therefore cannot be presented as gross written premium. For the quarter, the company's gross written premium was HUF 5,878 million compared to HUF 6,577 million a year ago. Profit before taxation was HUF 618 million compared to HUF 18 million a year ago. Profit after taxation was HUF 540 million compared to loss of HUF 31 million a year ago. Profit after taxation attributable to the company's shareholders was HUF 540 million compared to loss of HUF 27 million a year ago.