Discovery Group lifts annual profit by 29% to R15.2bn
Discovery Bank reported its first profitable half, while Discovery Insure’s operating profit jumped by 229%, helped by lower claims and favourable weather.
#headlineearnings
Old Mutual’s operating profit up 4%, led by Insure and Investments
Exceptional underwriting in Old Mutual Insure and a 37% jump in Investments drive overall strength, but Corporate’s life insurance sales slumped 42%.
PSG Financial Services grows assets under management by 15% to R406.9bn
The final dividend was 14% higher than last year, while headline earnings rose by 11% to R1.033bn.
