By Ngozi Onyeakusi—- AXA Mansard Insurance Plc, one of the formost underwriting firms in the country has released its earnings forecast for the first quarter (Q1) 2021 with 14% growth in gross premium written to N24.095 billion from N21.085 billion in Q1 2020.
The company in the forecast sent to the Nigerian Stock Exchange is expecting a 12% rise in profit after taxation to N2.044 billion from N1.822 billion in Q1 2020.

The forecast projected cash/bank balances at the end of the period to drop to N6.840 billion from N17.911 billion at the beginning.