OUTsurance Group Ltd 2018 IR
The report outlines Rand Merchant Investment Holdings Limited's (RMI) financial and sustainability performance for the fiscal year ended June 30, 2018. During the year, the company achieved a 14% increase in normalised earnings from continuing operations to R4,473 million, driven by strong performances from Discovery and OUTsurance. RMI expanded its investment portfolio by acquiring stakes in Prodigy Finance and Luno, and increased its holdings in OUTsurance and MMI. The company also improved its BBBEE rating to a level four contributor and established a local call centre in collaboration with Hastings to support job creation in South Africa.
Company: OUTsurance Group Ltd
Sector: Finance & insurance
Country: South Africa
Year: 2018
Type: IR
Pages: 123
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OUTsurance Group Ltd
Integrated Report
The report outlines Rand Merchant Investment Holdings Limited's (RMI) financial and sustainability performance for the fiscal year ended June 30, 2018. During the year, the company achieved a 14% increase in normalised earnings from continuing operations to R4,473 million, driven by strong performances from Discovery and OUTsurance. RMI expanded its investment portfolio by acquiring stakes in Prodigy Finance and Luno, and increased its holdings in OUTsurance and MMI. The company also improved its BBBEE rating to a level four contributor and established a local call centre in collaboration with Hastings to support job creation in South Africa.
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Document Details
Report Year
2018
Reporting Period
Jul 1, 2017 - Jun 30, 2018
Fiscal Year
2018
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees