Discovery Ltd 2015 IR
The report outlines Discovery's performance and strategic progress for the fiscal year ended June 30, 2015. Key highlights include a 51% increase in new business annualised premium income to R17,532 million and a 21% growth in embedded value to R52 billion. The company successfully acquired the remaining 25% shareholding in its UK joint venture, rebranding the businesses to VitalityHealth and VitalityLife. Additionally, Discovery raised R5 billion through a highly oversubscribed rights issue to fund growth opportunities in the UK and local adjacencies.
Company: Discovery Ltd
Sector: Finance & insurance
Country: South Africa
Year: 2015
Type: IR
Pages: 156
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Discovery Ltd
Integrated Annual Report
The report outlines Discovery's performance and strategic progress for the fiscal year ended June 30, 2015. Key highlights include a 51% increase in new business annualised premium income to R17,532 million and a 21% growth in embedded value to R52 billion. The company successfully acquired the remaining 25% shareholding in its UK joint venture, rebranding the businesses to VitalityHealth and VitalityLife. Additionally, Discovery raised R5 billion through a highly oversubscribed rights issue to fund growth opportunities in the UK and local adjacencies.
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Document Details
Report Year
2015
Reporting Period
Jul 1, 2014 - Jun 30, 2015
Fiscal Year
2015
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees