Discovery Invest has returned over R20 billion to its investors in shared-value rewards. The Discovery Group-owned asset manager has paid out R6.8 billion of those benefits to clients. Another R13.2 billion has accrued to clients who haven’t reached retirement or the end of their long-term investments, which will be paid out in the coming years.
18 April 2024, Johannesburg - Discovery Life published its 2023 claims experience showing positive trends in earlier detection of severe illnesses, influenced by an increase in health screenings, and significant decrease in COVID-19 claims.
The MLife and Vitality Health International partnership highlights joint commitment to enhancing the quality of lives in Zambia.
Lusaka, Zambia 10 April 2024: MLife, a highly trusted brand that pioneered the introduction of Health Insurance in Zambia, and Vitality Health International, an innovative healthcare insurer, today announced their partnership and launch of their ground-breaking insura
Hard lockdowns may feel like a lifetime ago but working from home (WFH) isn’t going anywhere. This is according to Discovery Insure data released today, analysing the driving trends of Vitality Drive programme members, which reveals that 23% of its clients who began working from home during the Covid-19 pandemic are still not back in office full time.
The WELLTH Fund has already paid out over R600 million to Discovery Health Medical Scheme (DHMS) members since it launched in January 2023. The once-off benefit will be available until 31 December 2024. The top five services DHMS members used their WELLTH Fund benefit for in 2023 were to fund visits to dentists, GPs, physiotherapists, optometrists and to obstetricians and gynaecologists. In 2
Discovery Bank and Visa today released their latest SpendTrend24 report, a comprehensive study of consumer spending habits.
03 April 2024, Johannesburg – The Breast Health Foundation (BHF), supported by the Discovery Fund, successfully renovated and inaugurated the Pfukani Women’s Clinic at Tintswalo Hospital in Acornhoek, Mpumalanga, with the ambition to bring critical healthcare services closer to members of the community.
In April 2002, the Breast Health Foundation was established as a Not-for-Profit Organisatio
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
The medicines you use on a regular basis could be harming your kidneys. Knowing how to protect your kidneys can help prevent you from developing chronic kidney disease and other life-threatening conditions.
All drugs can have a negative effect on kidney health, whether they are prescribed or over-the-counter (OTC) medicines, or chronic consumption of illegal drugs or alcohol. Even some medicin
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%.
An analysis conducted by Discovery Vitality across South Africa between 2019 and 2023 shows that health screening rates are lower than they should be.
The unexpected resilience of developed markets in 2023 has placed global investors on a strong footing going into 2024. That said, Discretionary Fund Manager Cogence, and its partners BlackRock and RisCura, believe the world is entering a new period – The Great Unknown – as fracturing deepens and a record number of countries go to the polls.
Download the full Cogence 2024 Market Outlook below.
