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AXA Mansard Insurance

From Insurer Brain
AXA Mansard Insurance Plc
Corporate identity
TypePublic Limited Company (Plc)
Registration numberRC No. 133276
RegulatedYes
License typeComposite (Life and Non-Life)
Incorporation1989
HeadquartersSanta Clara Court, Plot 1412, Ahmadu Bello Way, Victoria Island, Lagos
CountryNigeria
RegulatorNational Insurance Commission (NAICOM)
Ultimate parentAXA SA
Group statusSubsidiary
Business & markets
Operating statusActive
Lines of businessLife insurance, Non-life insurance, Health/HMO, Asset management, Property development
Geographic marketsNigeria
Key financials (2024)
CurrencyNGN
RevenueNGN 131,667,174 (N'000)
Net incomeNGN 25,965,049 (N'000)
Gross written premiumNGN 138,549,132 (N'000)
Total assetsNGN 193,608,866 (N'000)
EquityNGN 47,114,278 (N'000)
Solvency ratio424%

🛡️ AXA Mansard Insurance Plc is a Nigerian public limited company and composite insurer regulated by the National Insurance Commission (NAICOM), with its registered office at Santa Clara Court, Plot 1412, Ahmadu Bello Way, Victoria Island, Lagos, and RC No. 133276.[1] Incorporated in 1989, the company operates as a financial services group centred on life and non-life underwriting, with subsidiaries spanning health maintenance organisation services, asset management, and property development.[2] For FY2024 on a consolidated basis, the group reported total insurance revenue of NGN 131,667,174 thousand, gross written premiums of NGN 138,549,132 thousand, profit after tax of NGN 25,965,049 thousand, shareholders' funds of NGN 47,114,278 thousand, total assets of NGN 193,608,866 thousand, and a local solvency margin ratio of 424%.[1] Assur Africa Holdings holds 76.48% of the company, consistent with AXA's disclosed acquisition of Assur Africa Holdings as the holding vehicle for its Nigerian platform.[3]

References

  1. 1.0 1.1 "AXA Mansard Insurance Plc — Financial Statements for 2024" (PDF). Nigerian Exchange Group. April 2025.
  2. "About Us — AXA Mansard Insurance". AXA Mansard. Retrieved 13 March 2026.
  3. "AXA completes acquisition of Mansard". AXA SA. Retrieved 13 March 2026.