By Yakubu LAAH InvestAdvocate

Lagos (INVESTADVOCATE)-Insurer, Great Nigeria Insurance Plc on Wednesday said its 2013 audited yearend post tax profit dipped 99.5 percent to N4.4 million from N903 million recorded in 2012.

Similarly, pretax profit declined 63.4 percent to N466.7 million from N1.275 billion recorded the same period of 2012.

However, gross written premium inched up slightly 5.7 percent to N3.046 billion from N2.881 billion recorded in the 2012 audited yearend, the insurer said in a filing with the Nigerian Stock Exchange (NSE).