AXA Mansard Insurance Plc 2016 Financial Summary

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Major Shareholder

Assur Africa Holdings Limited 76.48%

12 Months Report AXA MANSARD PLC
2016
N'000		2015
N'000		changeYear End
Revenue20,713,12916,574,61425%December
Profit/Loss before taxation3,125,6272,023,65354%
Profit/Loss for the period2,634,9961,662,18159%
Issued Shares (Units)10,500,000,00010,500,000,000
Basic Earnings Per Shares (Kobo)20.0011.8169%
Last total dividend paid (Kobo)2.003.00-33%

Quarter on Quarter performance

Revenue                                                                   PAT
N'000                                                                       N'000
Q1: #8,831,923                                                      Q1: #700.107
Q2: #4,386,921                                                      Q2: #1.563.748
Q3: #3,723,878                                                      Q3: #776.249
Q4: #3,770,407                                                      Q4: (#405.108)

AXA Mansard Quarter on Quarter performance, characteristics of the industry. The Company maintained an average of #5.1billion in terms of gross premium written and #658million in terms of PAT climaxed at Q2 and anticlimax at Q4.


A closer look at the result shows that Fair value gains on investment property was fair to the company, as it increased from #892million to #2.8billion. 

 AXA Mansard declared a dividend of 2k for the Financial year end 2016 a kobo less than 2015 payment. details of corporate action would come later.


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