By Yakubu LAAH InvestAdvocate

Lagos (INVESTADVOCATE)-Insurance firm, Oasis Insurance Plc on Monday said its third quarter (Q3) 2014 pretax profit climbed up 26.6 percent to 239 million naira from 188.5 million in the same period of 2013.

Similarly, post tax profit grew 78 percent to 179.2 million naira from 101 million naira in the corresponding period of 2013.

Gross premium of the insurer increased 14 percent to 1.311 billion naira from 1.152 billion naira in third quarter of 2013.