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Discovery Health Medical Scheme delivers strong performance for 2014

Discovery Health Medical Scheme delivers strong performance for 2014

Press Releases   •   May 29, 2015 14:04 GMT

The Discovery Health Medical Scheme today announced strong financial results despite challenging economic conditions in South Africa. The Scheme posted gross contribution income in 2014 exceeding R44 billion with a strong net healthcare result of R753 million, and a net surplus of R1.5 billion, on the back of a robust business model and continuing investment in innovation.

Discovery announces health journalists taking top honours in the 2015 Discovery Health Journalism Awards

Discovery announces health journalists taking top honours in the 2015 Discovery Health Journalism Awards

Press Releases   •   May 28, 2015 10:26 GMT

Discovery announced the Discovery Journalist of the Year as well as winners in each category of the 2015 Discovery Health Journalism Awards at a gala event tonight in Sandton.

Second South African doctor awarded Discovery Foundation grant for further study at Massachusetts General Hospital

Second South African doctor awarded Discovery Foundation grant for further study at Massachusetts General Hospital

Press Releases   •   May 27, 2015 11:25 GMT

Today, at a ceremony in Sandton, the Discovery Foundation announced the second recipient of the Discovery Foundation MGH Fellowship Award. This grant of R2.1 million is awarded to top South African academic doctors to do clinical research and study at Massachusetts General Hospital (MGH) in Boston, USA.

Moola: We’ve made progress as a continent

Moola: We’ve made progress as a continent

Press Releases   •   May 19, 2015 14:47 GMT

South Africa’s economy is still in good shape

Lessons from around the globe: best practices in financial advisory
“Dynamic financial sector will adapt to regulatory changes,” says Finance Minister

“Dynamic financial sector will adapt to regulatory changes,” says Finance Minister

Press Releases   •   May 19, 2015 12:35 GMT

The financial services sector plays a crucial role in the South African economy and the evolving regulation for this sector is here to stay, Hon. Minister Nhlanhla Nene said this morning.

Financial institutions and financial planning industry must embrace change and innovate to grow

Financial institutions and financial planning industry must embrace change and innovate to grow

Press Releases   •   May 19, 2015 09:48 GMT

South Africa’s financial institutions and financial planning intermediaries will have to continue embracing change, innovation and technology if they are to grow in an environment where the direct distribution model is the fastest growing channel in the R6 trillion savings and investment sector.

​Nurgalieva twins take on Comrades in Team Vitality colours

​Nurgalieva twins take on Comrades in Team Vitality colours

Press Releases   •   May 12, 2015 18:44 GMT

Discovery and Team Vitality are excited to announce that renowned Russian running sisters – Elena and Olesya Nurgalieva who have dominated the Comrades Marathon leader board over the past few years – will be running the Ultimate Human Race for Team Vitality this year.

National Department of Health and Discovery Health partner to recognise leaders in nursing excellence in the public and private sectors

National Department of Health and Discovery Health partner to recognise leaders in nursing excellence in the public and private sectors

Press Releases   •   May 12, 2015 08:46 GMT

Discovery today announced a new partnership with the National Department of Health (NDoH) to recognise and reward leaders in nursing excellence in the public and private sectors.The announcement was made on International Nurse’s Day.

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Sizwe Nxasana to highlight trends affecting the financial services sector at upcoming Discovery Financial Planning Summit

Press Releases   •   May 12, 2015 07:59 GMT

The second Discovery Financial Planning Summit will take place on 19 May 2015 at the Sandton Convention Centre under the theme ‘Making sense of today’s financial complexities.’ Over 1500 financial advisers are expected to attend the event, which is notably a key highlight in the 2015 financial services calendar.

Disney Africa launches two new websites for families in collaboration with Discovery Vitality

Disney Africa launches two new websites for families in collaboration with Discovery Vitality

Press Releases   •   Apr 14, 2015 11:40 GMT

Disney Africa today announced that it has launched two websites in collaboration with Discovery Vitality – Disney Baby Africa and Disney Healthy Living.co.za.

Madness prevails as runners raise R275 000 over 1 488km

Madness prevails as runners raise R275 000 over 1 488km

Press Releases   •   Apr 14, 2015 09:42 GMT

For the second year, a group of runners has conquered the distance between Johannesburg and Cape Town by foot to raise money for MAD charity, this year with the support of Team Vitality. MAD (Make a Difference) was founded in 2003 by Francois Pienaar to support the education of South Africa’s underprivileged youth.

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DISCOVERY AND JOHN HANCOCK ANNOUNCE STRATEGIC PARTNERSHIP

Press Releases   •   Apr 08, 2015 09:29 GMT

Discovery Limited (“Discovery”) and John Hancock Insurance (“John Hancock”) have entered into a strategic partnership which will see the introduction of a comprehensive healthy living program for U.S. consumers. John Hancock, a division of the global financial services group Manulife, is one of the largest life insurers in the United States.

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Discovery Invest launches the Dollar Discovery Retirement Optimiser

Press Releases   •   Apr 02, 2015 07:51 GMT

Discovery Invest announced its new globally-focused retirement product, the Dollar Discovery Retirement Optimiser, which is aimed at building up a retirement nest egg in hard currency.

Holiday travellers face biggest risk on roads – Discovery Insure

Holiday travellers face biggest risk on roads – Discovery Insure

Press Releases   •   Mar 25, 2015 14:54 GMT

South Africa’s road accident fatality rate, one of the highest in the world, costs the economy between 8% and 10% of GDP. On average, there are over 200 roads deaths over the Easter holiday period every year. Recent research conducted by Discovery Insure analysing driving behaviour reveals that holiday-makers are more at risk of being involved in an accident...

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Minister of Finance to share his vision for South Africa at upcoming Discovery Financial Planning Summit

Press Releases   •   Mar 25, 2015 09:12 GMT

Discovery will host its second Financial Planning Summit on 19 May 2015 at the Sandton Convention Centre under the theme ‘Making sense of today’s financial complexities’.

Discovery Invest’s new Enhanced Yield Fund provides clients with the ability to earn significant returns

Discovery Invest’s new Enhanced Yield Fund provides clients with the ability to earn significant returns

Press Releases   •   Mar 19, 2015 10:31 GMT

At a launch held in Johannesburg, Discovery Invest announced its investment product enhancements which included a newly designed structured fund, the Discovery Enhanced Yield Fund. Compared with traditional interest or income funds, the Discovery Enhanced Yield Fund offers investors the potential to earn significantly higher fixed returns of 15 percent per year.

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Discovery Life’s Income Continuation Benefit now also protects a client’s lifestyle

Press Releases   •   Mar 17, 2015 13:36 GMT

At a launch event held in Johannesburg on Tuesday, Discovery Life announced exciting enhancements to its Income Continuation Benefit, which includes market-leading comprehensive income and lifestyle protection and a broadened claims criteria.

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Discovery announces capital raise to purchase majority stake in credit card partnership and expansion of life protection business in the UK

Press Releases   •   Mar 10, 2015 11:56 GMT

Discovery Limited today announced details of the Group’s intention to raise capital to the amount of R5 billion through a fully underwritten, renounceable rights issue. Proceeds of the rights issue will be used to fund growth in adjacent financial markets in South Africa, and to drive further growth in its high-potential protection business in the UK, VitalityLife.

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Discovery delivers excellent financial results and accelerated global growth

Press Releases   •   Feb 24, 2015 13:40 GMT

Discovery delivers excellent financial results and accelerated global growth • Normalised headline earnings up 20% to R1 981 million • Normalised profit from operations up 19% to R2 824 million • Growth in embedded value increased 14% to R45.5 billion • New business growth of 17% to R6 663 million