AXA Mansard: Q1 2025 results

For the first quarter of 2025, AXA Mansard recorded insurance revenue worth 40.3 billion NGN (26.2 million USD), up by 26.7% over one year.

Net result declined by 52%, from 12.9 billion NGN (9.2 million USD) at end-March 2024 to 6.2 billion NGN (4 million USD) twelve months later.

During the reporting period, the company's shareholders' equity stood at 60.8 million NGN (39.5 million USD).