News archive

4 March 2025 09:25

Discovery’s new phase of growth results in strong performance, with Discovery Bank continuing to perform ahead of plan

Johannesburg, 4 March 2025 – Discovery today presented its interim financial results for the six-months ended 31 December 2024 to the investor community.
Group Chief Executive, Adrian Gore, provided context to the Group’s strong performance and consistent growth across the two composites of the business. “We have emerged from a cycle of significant investment, which focused on creating new aven

10 June 2024 09:21

Discovery wins twice at the Qorus Innovation in Insurance Awards 2024

Discovery claimed two top accolades at this year’s Qorus Innovation in Insurance Awards, at a ceremony in Lisbon showcasing the best insurance innovations across the globe.

20 March 2024 09:31

Discovery eyes future growth with positive half-year results and monthly operational break-even for Discovery Bank

Johannesburg, 20 March 2024 – Discovery today presented a strong set of half-year results to the investor community, with an update on Discovery Bank reaching its monthly operational break-even ahead of the Group’s target date. Group Chief Executive, Adrian Gore, commented, “In an environment characterised by continued macroeconomic complexities, Discovery delivered a strong operating performance

12 March 2024 09:30

Walking 5,000 steps three times a week could add three years to life expectancy

New research by Vitality and the London School of Economics shows that walking at least 5,000 steps three times a week is a milestone habit that, when maintained for two years, can add up to three years to a previously inactive individual’s life expectancy and reduce their healthcare costs by up to 13%.

21 September 2023 10:02

Discovery posts strong full-year operating results; Discovery Bank progressing excellently

Discovery announces annual results for the twelve months ended 30 June 2023

23 February 2023 09:46

Discovery announces strong half-year performance, with significant progress in growth of its new businesses

Discovery's strong half-year performance reflects the efficacy of the Vitality shared-value model, despite specific macro-economic challenges across each of its three composites, South Africa, United Kingdom and Vitality Global.

8 November 2022 14:51

Vitality model saves more than two million life years for its customers in 2022

Discovery’s 2022 Sustainability Report quantifies the positive impact of its model for customers and society – and sets a goal of incentivising one billion healthy activities a year by 2030. In the 2021 financial year, Discovery recorded 470 million healthy activities, and returned R11.4 billion in value to customers through its shared-value model and impacted nearly 40 million lives.

7 September 2022 09:21

Discovery posts strong operating full-year results in challenging macro-economic environment

Discovery reported its’ full-year results for the period ended 30 June 2022 today.
Highlights:
The strong operational performance of all three main business areas, the SA composite, the UK composite and Vitality Global demonstrates the relevance of the Vitality Shared-value business model and the value it delivers to clients and broader society New business initiatives grew strongly, led b

23 August 2022 09:34

South Africa’s first global discretionary fund manager launched by Discovery

Johannesburg, 23 August 2022 — Discovery Group today announced the launch of Cogence, a discretionary fund manager (DFM) seeking to significantly enhance the business of wealth creation in South Africa. Cogence will bring asset allocation views from BlackRock, one of the world’s leading asset managers, together with personalised insights from Vitality to provide investment solutions including mode

17 June 2022 11:31

Triple win for Discovery at the Efma–Accenture Innovation in Insurance Awards 2022

Discovery took home three awards in this year’s Efma-Accenture Innovation in Insurance Awards, at a virtual ceremony showcasing the best insurance innovations across the globe.

24 March 2022 15:45

The Science of Vitality – 25 years of driving positive behaviour change, and as relevant as ever

Discovery Vitality releases The Science of Vitality journal, highlighting the data, science and insights behind the global wellness and behaviour change programme, born in South Africa, now making 20 million people healthier in 37 countries
Johannesburg |24 March 2022
What if there was a way to make people live longer, healthier, happier lives and reward them for taking steps towards their

24 February 2022 08:51

Discovery delivers strong half-year financial performance; accelerating its growth trajectory

Discovery's interim financial results for the period 31 December 2021 are characterised by resilience, accelerated growth and continued success of the shared-value model.