{"id":468845,"date":"2020-11-05T17:07:12","date_gmt":"2020-11-05T16:07:12","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=468845"},"modified":"2020-11-05T17:07:12","modified_gmt":"2020-11-05T16:07:12","slug":"nigeria-axa-mansard-resists-covid-19","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2020\/11\/05\/nigeria-axa-mansard-resists-covid-19\/","title":{"rendered":"Nigeria: AXA Mansard resists COVID-19"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>While its parent company, AXA suffered the negative effects of the coronavirus with an 8% decline in its turnover in the third quarter of 2020, the Nigerian subsidiary, AXA Mansard, is resisting. At the end of the third quarter of this year, two key indicators turned green.<\/p>\n<p>Thus, the turnover increased by 5.4% in the first nine months of 2020, from 37.434 billion NGN (102.72 million USD) at September 30, 2019 to 39.462 billion NGN (102.44 billion USD) twelve months later. As for the net profit, it stood at 5.671 billion NGN (14.72 million USD) as of September 30, 2020 against 2.11 billion NGN (5.79 million USD) a year earlier, an improvement of 168.7% over a year.<\/p>\n<p>In addition, claims expense increased 22.9% as at September 30, 2020, or NGN 14.34 billion (USD 37.23 million) compared to NGN 11.665 billion (USD 32.01 million) in the previous third quarter. Note that the French group has argued that it will adopt an approach to growth in Africa.<\/p>\n<p>The world number two in insurance will launch new business models to support its clients in its 8 African subsidiaries, including Morocco, Nigeria, Algeria and Gabon.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>While its parent company, AXA suffered the negative effects of the coronavirus with an 8% decline in its turnover in the third quarter of 2020, the Nigerian subsidiary, AXA Mansard, is resisting. At the end of the third quarter of this year, two key indicators turned green. Thus, the turnover increased by 5.4% in the<\/p>\n","protected":false},"author":536116,"featured_media":468846,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[11996,16200],"tags":[16655,16344,38],"class_list":["post-468845","post","type-post","status-publish","format-aside","has-post-thumbnail","category-finance-en","category-insurance","tag-axa-mansard","tag-covid-19","tag-nigeria","post_format-post-format-aside","pmpro-has-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Nigeria: AXA Mansard resists COVID-19 - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.financialafrik.com\/en\/2020\/11\/05\/nigeria-axa-mansard-resists-covid-19\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nigeria: AXA Mansard resists COVID-19\" \/>\n<meta property=\"og:description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.financialafrik.com\/en\/2020\/11\/05\/nigeria-axa-mansard-resists-covid-19\/\" \/>\n<meta property=\"og:site_name\" content=\"Financial Afrik\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/FinancialAfrik\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-05T16:07:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2020\/11\/Au-Nigeria-AXA-Mansard-resiste-a-la-COVID-19.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"475\" \/>\n\t<meta property=\"og:image:height\" content=\"301\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ibrahima jr Dia\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:site\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ibrahima jr Dia\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2020\\\/11\\\/05\\\/nigeria-axa-mansard-resists-covid-19\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2020\\\/11\\\/05\\\/nigeria-axa-mansard-resists-covid-19\\\/\"},\"author\":{\"name\":\"Ibrahima jr Dia\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#\\\/schema\\\/person\\\/88162c0907e002fa8ac009b2b76b08c6\"},\"headline\":\"Nigeria: AXA Mansard resists COVID-19\",\"datePublished\":\"2020-11-05T16:07:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2020\\\/11\\\/05\\\/nigeria-axa-mansard-resists-covid-19\\\/\"},\"wordCount\":171,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2020\\\/11\\\/05\\\/nigeria-axa-mansard-resists-covid-19\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2020\\\/11\\\/Au-Nigeria-AXA-Mansard-resiste-a-la-COVID-19.jpg\",\"keywords\":[\"AXA Mansard\",\"COVID-19\",\"Nigeria\"],\"articleSection\":[\"Finance\",\"Insurance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2020\\\/11\\\/05\\\/nigeria-axa-mansard-resists-covid-19\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2020\\\/11\\\/05\\\/nigeria-axa-mansard-resists-covid-19\\\/\",\"url\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2020\\\/11\\\/05\\\/nigeria-axa-mansard-resists-covid-19\\\/\",\"name\":\"Nigeria: AXA Mansard resists COVID-19 - Financial Afrik\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2020\\\/11\\\/05\\\/nigeria-axa-mansard-resists-covid-19\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2020\\\/11\\\/05\\\/nigeria-axa-mansard-resists-covid-19\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2020\\\/11\\\/Au-Nigeria-AXA-Mansard-resiste-a-la-COVID-19.jpg\",\"datePublished\":\"2020-11-05T16:07:12+00:00\",\"description\":\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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