Nigeria: AXA Mansard records a drop in profits for the 2022 financial year

AXA Mansard Insurance Plc, the Nigerian subsidiary of the AXA Group, released its financial results for the full year ending December 31, 2022 on Monday (February 6th). 2022, compared to that of 2021. Thus, pre-tax profit fell by 37.3%, or 3.629 billion naira (7.9 million USD) in 2022, compared to 5.784 billion naira (12.5 million USD ) in 2021. For its part, the net profit following tax decreased by 40.2% or 2.234 billion naira (4.8 million USD) in 2022, compared to


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