
PSG earnings rise 33.5% as markets boost performance fees
PSG Financial Services reported strong earnings growth, supported by favourable market conditions and higher performance fees.

PSG Financial Services reported strong earnings growth, supported by favourable market conditions and higher performance fees.

Interconnected hazards are altering claims patterns and capital pressures for insurers – shifting priorities for brokers and corporate risk teams, says PSG Insure.

As rental demand surges, advisers can help clients navigate the insurance complexities of furnished, semi-furnished, and short-term lets.

PSG Financial Services posted a strong overall performance for the year, with a 24.7% increase in recurring headline earnings per share, driven by growth in PSG Insure, PSG Wealth, and PSG Asset Management.

The group reported a 15.9% increase in assets under management to R435bn.

The final dividend was 14% higher than last year, while headline earnings rose by 11% to R1.033bn.