AXA MANSARD INSURANCE PLC – Proposed Investment in Partnership with IFC
AXA Mansard Insurance Plc. has announced that it is in the process of partnering with the International Finance Corporation (IFC) and some other companies on the possibility of investing in a greenfield integrated medical facility comprising a 150-bed multi-specialty hospital and two 10-bed primary health centres/polyclinics.
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Financial Result for the 9 Months ended 30th September, 2016
Gross Premium Written: 38% decrease from N2.3bn to N1.4bn
Profit/(Loss) after Tax: 47% increase from N233.7m to N343.1m (9M 2016 EPS, 8.96 kobo; 9M 2015 EPS, 6.11 kobo)
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Financial Result for the 6 Months ended 30th June, 2016
Gross Premium Written: 11% decrease from N1.2bn to N1bn
Profit/(Loss) after Tax: 240% increase from (N322.6m) to N453.1m (6M 2016 EPS, 11.84 kobo; 6M 2015 EPS, -8.43 kobo)
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Financial Result for the 3 Months ended 31st March, 2016
Gross Premium Written: 5% increase from N659.5m to N694.3m
Profit/(Loss) after Tax: 203% increase from N107.4m to N325.9m (3M 2016 EPS, 8.51 kobo; 3M 2015 EPS, 2.81 kobo)
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