OUTsurance Group Ltd 2016 IR
The report highlights Rand Merchant Investment Holdings Limited's (RMI) financial and operational performance for the fiscal year ended June 30, 2016. RMI delivered an 8% increase in normalised earnings from continuing operations, driven by strong performances from OUTsurance and Discovery, despite a challenging macroeconomic environment. Key strategic developments included the launch of the next-generation business platform AlphaCode, a 25.1% investment in Merchant Capital, and the expansion of the RMI Investment Managers affiliate portfolio. Additionally, RMI announced the sale of its investment in RMB Structured Insurance to Santam after the financial year-end to optimize its portfolio.
Company: OUTsurance Group Ltd
Sector: Finance & insurance
Country: South Africa
Year: 2016
Type: IR
Pages: 248
Back to company
OUTsurance Group Ltd
Integrated Report
The report highlights Rand Merchant Investment Holdings Limited's (RMI) financial and operational performance for the fiscal year ended June 30, 2016. RMI delivered an 8% increase in normalised earnings from continuing operations, driven by strong performances from OUTsurance and Discovery, despite a challenging macroeconomic environment. Key strategic developments included the launch of the next-generation business platform AlphaCode, a 25.1% investment in Merchant Capital, and the expansion of the RMI Investment Managers affiliate portfolio. Additionally, RMI announced the sale of its investment in RMB Structured Insurance to Santam after the financial year-end to optimize its portfolio.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2016
Reporting Period
Jul 1, 2015 - Jun 30, 2016
Fiscal Year
2016
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board