AXA Mansard: 2026 quarterly results

AXA Mansard, the Nigerian subsidiary of AXA Group, reported insurance revenue of 48.46 billion NGN (35 million USD) at the end of March 2026, representing a year-over-year increase of 20%.

Gross written premiums rose by 14% to 93.73 billion NGN (67.7 million USD).

Quarterly net profit amounted to 3.54 billion NGN (2.5 million USD), down 5.3% compared with the same period last year.

During the reporting period, the company’s shareholders’ equity stood at 60.37 billion NGN (43.6 million USD).