AXA Mansard Insurance Plc has released its half-year 2026 earnings forecast, anticipating a profit after tax of N3.6 billion, at an earnings per share of N0.40.
This is lower than the N6.7 billion reported in H1 2025, when insurance revenue reached N81.1 billion, up 23.67%, reflecting strong performance across the group’s core business lines.
In H1 2025, health insurance accounted for 38% of total insurance products, followed by oil and gas at 24% and fire at 10.3%, making these three the largest contributors to overall revenue.
For H1 2026, these product lines are expected to lead again, with total insurance revenue projected at N90.7 billion, which would represent an 11.85% increase from the same period in 2025, if realized.
This is lower than the N6.7 billion reported in H1 2025, when insurance revenue reached N81.1 billion, up 23.67%, reflecting strong performance across the group’s core business lines.
In H1 2025, health insurance accounted for 38% of total insurance products, followed by oil and gas at 24% and fire at 10.3%, making these three the largest contributors to overall revenue.
For H1 2026, these product lines are expected to lead again, with total insurance revenue projected at N90.7 billion, which would represent an 11.85% increase from the same period in 2025, if realized.