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National Insurance NIC disclosed its financial results for the first quarter of this year, where they indicated a pretax income of $1,774,002 compared to a pretax income of $894,606 in the first quarter of 2010. Total assets reached $72,332,253 on 31/03/2011 compared to $70,630,122 as of 31/12/2010. Total Liabilities amounted at $52,168,717 on 31/03/2011 after they reached $49,732,114 on 31/12/2010. Total shareholders’ equity settled at $20,163,536 at the end of the first quarter of 2011 compared to $20,898,008 at the end of 2010.