Discovery Limited

9 March 2022 10:21

Insuring against power surges can help cover damaged appliances especially during load shedding - Discovery Insure

When power returns after load shedding, households may experience a surge of current to their plugged-in appliances and this could cause serious damage. The appliances may even be irreparable following a serious spike in current.
Head of Strategy at Discovery Insure, Kgodiso Mokonyane says: “Recent Discovery Insure claims data reveals that clients are between 2.08 and 2.3 times more likely to

8 March 2022 12:57

The most common severe illness amongst South African women is cancer – Discovery Life claims data

Today Discovery Life revealed that, according to its latest claims data, cancer is the most common severe illness in South Africa for women.
Issued on International Women’s Day (8 March 2022), Discovery Life highlighted key issues surrounding women’s health, and what interventions can be made to ensure improved outcomes.
Second to cancer, the claims data found that nervous system and cardio

1 March 2022 16:06

MyHealthTeam and Discovery Health partner to launch myCOVIDteam, a secure social network for people who have COVID-19 or Long COVID

SAN FRANCISCO – 01 March, 2022 --MyHealthTeam, creator of the largest and fastest-growing social networks for people facing chronic health conditions, today announced its partnership with South Africa’s largest private health insurance administrator, Discovery Health, to launch myCOVIDteam, a social network - also known as an online patient community - for people facing acute or long-haul symptoms

Discovery released its interim financial results for the period 31 December 2021

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.

23 February 2022 20:19

Budget Speech 2022 Insights and Commentary from Discovery

Executives provide comments and snippets following Minister Enoch Godongwana’s National Budget Speech on Wednesday 23 February 2022

16 February 2022 12:22

Behind the scenes in the drive to vaccinate the nation: collaboratively working to stay ahead of the COVID-19 pandemic and save lives

“The COVID-19 vaccination programme has truly been a matter of life and death.”
“We needed to have a single, integrated, co-ordinated approach if South Africa was going to be effective and impactful in our efforts to tackle this pandemic.”
In January 2022, Discovery celebrated a significant milestone - one million COVID-19 vaccine doses administered through its nine vaccination sites. Set up

15 February 2022 07:59

Discovery and AIA to establish a pan-Asian health InsurTech business

Discovery and AIA announce the formation of a pan-Asian health InsurTech business. Amplify Health is a new digital health technology and integrated solutions business that will deploy a range of health technology assets, proprietary data analytics and extensive health expertise to AIA’s insurance businesses and other third-party clients across Asia.

14 February 2022 10:39

Discovery Invest shares its market outlook for 2022

Johannesburg, 14 February 2022 - With 2021 characterised as a year of strong market recovery from the shock caused by the global outbreak of COVID-19, the scene for 2022 remains positive, albeit with some uncertainty.
Kenny Rabson, CEO of Discovery Invest, says that while the worst is likely behind us in terms of the market impact of COVID-19, its longer-term effects are continuing to influen

10 February 2022 10:48

Study: Regular exercise can prevent death from COVID-19 by up to 42%

The British Journal of Sports Medicine has published a first-of-its-kind study on the impact of objectively-measured exercise on severe COVID-19 outcomes, produced by Discovery Vitality in collaboration with the University of the Witwatersrand Sport and Health Research Group (WiSH) and researchers from the University of Western Ontario in Canada.

Discovery Bank Forex Accounts will be operational 24/7 and clients will not pay foreign currency conversion transfer fees for transactions between their different forex and Rand accounts

7 February 2022 12:05

Discovery Bank introduces the only Real-Time Forex Accounts in South Africa

Johannesburg, 07 February 2022 — Discovery Bank, this week, launched its comprehensive, real-time forex capability on the Discovery Bank app that gives access to immediate foreign currency transactions.
Hylton Kallner, CEO of Discovery Bank, says, “Our full forex capability is a key requirement in an increasingly global environment. We have placed a great focus on ensuring that we remove the c

2 February 2022 08:22

Vitality Health International introduces Vitality rewards across Africa

On 1 January 2022, Vitality Health International (VHI), a division of Discovery Group that is responsible for its international health insurance initiatives, launched its Shared-value health insurance product offering in several African countries – Nigeria, Ghana, Kenya, the Democratic Republic of Congo (DRC), and Zambia. Employers who operate in these countries can now offer their employees acces

25 January 2022 17:41

Discovery Health presents to Parliament: Support for NHI structural reform through a blended funding model and public-private partnership

On 25 January, Discovery Health presented inputs on the National Health Insurance (NHI) Bill to the Parliamentary Portfolio Committee on Health. These included a workable, blended-funding model aimed at sustainably achieving Universal Health Coverage (UHC).
The presentations were made by:
Dr Ayanda Ntsaluba – Chairman of Discovery Health and Group Executive Director Dr Ryan Noach – Discov

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