AXA Mansard: 2024 results

AXA Mansard, the Nigerian subsidiary of the French AXA Group, closed the 2024 financial year with insurance revenue of 131.7 billion NGN (85.1 million USD), up by 59% on the figure recorded during the same period in 2023.

The company's net profit increased by 116% year-on-year to 26 billion NGN (16.8 million USD).

AXA Mansard's assets and shareholders' equity stood at 193.6 billion NGN (125.1 million USD) and 47.1 billion NGN (30.4 million USD) respectively at end-December 2024.