OUTsurance Group Ltd 2021 IR
The report outlines Rand Merchant Investment Holdings Limited's (RMI) performance and strategic restructuring for the fiscal year ended June 30, 2021. A key highlight is the announced restructuring to focus on property and casualty (P&C) insurance, including the unbundling of its listed shares in Discovery and Momentum Metropolitan. Financially, RMI achieved a 15% increase in normalised earnings to R3,545 million and a 50% increase in headline earnings to R2,929 million. The company also advanced its sustainability efforts, aligning with the UN SDGs and enhancing ESG disclosures across its portfolio companies, including OUTsurance and Hastings.
Company: OUTsurance Group Ltd
Sector: Finance & insurance
Country: South Africa
Year: 2021
Type: IR
Pages: 91
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OUTsurance Group Ltd
Integrated Report
The report outlines Rand Merchant Investment Holdings Limited's (RMI) performance and strategic restructuring for the fiscal year ended June 30, 2021. A key highlight is the announced restructuring to focus on property and casualty (P&C) insurance, including the unbundling of its listed shares in Discovery and Momentum Metropolitan. Financially, RMI achieved a 15% increase in normalised earnings to R3,545 million and a 50% increase in headline earnings to R2,929 million. The company also advanced its sustainability efforts, aligning with the UN SDGs and enhancing ESG disclosures across its portfolio companies, including OUTsurance and Hastings.
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Document Details
Report Year
2021
Reporting Period
Jul 1, 2020 - Jun 30, 2021
Fiscal Year
2021
Published
Oct 27, 2021
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women in Management
Employees