Discovery Ltd 2014 IR
The report highlights Discovery's performance for the fiscal year ended June 30, 2014, showcasing a 23% increase in normalised profit from operations to R5 billion and a 15% growth in new business API to R12.2 billion. The company expanded its behavioral-linked insurance model globally, including the launch of a smartphone-enabled telematics app in South Africa and the Vitality Optimiser product in the UK. Discovery also advanced its social impact, investing over R21 million in specialist medical training in South Africa and covering eight million lives globally. Additionally, the group maintained strong financial health with Discovery Health Medical Scheme's reserves reaching R11.5 billion.
Company: Discovery Ltd
Sector: Finance & insurance
Country: South Africa
Year: 2014
Type: IR
Pages: 129
Discovery Ltd
The report highlights Discovery's performance for the fiscal year ended June 30, 2014, showcasing a 23% increase in normalised profit from operations to R5 billion and a 15% growth in new business API to R12.2 billion. The company expanded its behavioral-linked insurance model globally, including the launch of a smartphone-enabled telematics app in South Africa and the Vitality Optimiser product in the UK. Discovery also advanced its social impact, investing over R21 million in specialist medical training in South Africa and covering eight million lives globally. Additionally, the group maintained strong financial health with Discovery Health Medical Scheme's reserves reaching R11.5 billion.
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Document Details
Report Year
2014
Reporting Period
Jul 1, 2013 - Jun 30, 2014
Fiscal Year
2014
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees