AXA Mansard reports N3.56bn as profit in Q4 2021.

AXA Mansard Insurance recently published its Unaudited Financial Statement for the year ended 31 December 2021.

The underwriting firm reported Gross Written Premium of N60.198 billion for the 12 months period, up by 26.51% from N47.583 billion reported the previous year.

Profit after tax for the period under review was N3.56 billion, down by 21.6% from N4.54 billion reported the previous year.

Earnings per share of AXA Mansard stands at 40 kobo, down by 21.6% from the EPS of 50 kobo achieved the previous year.

At the share price of N2.35, the P/E ratio of AXA Mansard Insurance stands at 5.94x with earnings yield of 16.83%.


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