By Yakubu LAAH InvestAdvocate

Lagos (INVESTADVOCATE)-Insurer, Nigeria Insurance Plc said on Friday its retaining dividend at 3.5 kobo per share, as its 2014 audited year end pretax profit dipped 10 percent to N645 million from N716.1 million recorded a year earlier.

On the contrary, post-tax profit climbed up 10.1 percent to N691 million from N627.4 million declared in the same period of 2013.

Gross premium written appreciated slightly from N10.443 billion in 2013 to N11.064 billion in the review period of 2014; indicating an increase of six (6) percent, the company said in a filing with the Nigerian Stock Exchange (NSE).