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Johannesburg, 30 September 2021 – Discovery Bank today announced new digital and fintech innovations for a comprehensive digital financial services experience at its annual product-update event with financial advisers.“With the latest features, our clients have access to a full range of financial capabilities in one place – our digital banking platform. This platform is not only transforming b
Johannesburg, 2 September 2021 – Adrian Gore, Discovery Group Chief Executive, today presented the Group’s full-year results for the period ended 30 June 2021 to the analyst community. Discovery posted a strong operating performance across the all businesses, despite the ongoing challenge of the COVID-19 environment which manifested in a far higher COVID-19-related mortality in South Africa, compa
Johannesburg, 8 June 2021 | Vitality is proud to partner with Reach For A Dream in their Cooking for Dreams initiative, along with DHL and Woolworths. The virtual cook-along, hosted by celebrity chefs J’Something and David Higgs, will gather enthusiastic cooks across South Africa virtually in an attempt to break a Guinness World Record for the most people cooking online at once, while raising fund
Discovery took home Gold in the Core Insurance Transformation category and Silver in the Global Innovator category at the Efma-Accenture Innovation in Insurance Awards. The virtual ceremony showcased the best examples of insurance innovations across the globe.
Professor Harris has been a member of the Executive Committee of the International Actuarial Association since 2018 and among other roles, has served as the Chair of the Health and Education Committees of the Actuarial Society of South Africa, and as the President of the Actuarial Society of South Africa in 2016 and 2017.
In alignment with the example set by the President and his Executive last week, the Discovery Board Chair, Chief Executive and the Discovery Board in its entirety (including both Executive and Non-Executive Directors) will donate a third of their salaries and fees over the next three months to efforts to fight the pandemic.
The Group highlighted results for the period ended 31 December 2019, characterised by substantial investment in new initiatives and a strong performance from the core businesses with the exception of VitalityLife: • Net asset value increased by R1 598 million • Total new business API increased 17% to R11 116 million • Normalised profit from operations decreased 7% to R3 551 million
• Vitality and RAND Europe publish a ground-breaking, global study on the economic impact of physical inactivity • The 23-country study assesses how different physical activity improvement scenarios may affect the economy of countries up to 2050, and shows the significant influence of regular exercise on economic growth, workforce productivity and life expectancy
Building on the results of the largest behaviour change study on physical activity, Vitality and its global network of insurers have committed to making 100 million people more active over the next seven years, aligned to the World Health Organizations’ Global Action Plan on Physical Activity.
Today at the 2018 Discovery Leadership Summit held in Sandton, business leaders emphasised the irrefutable case for economic growth. This is central to turning around the country since the 2008 financial crisis and the challenges associated with state capture.
Annual results show excellent performance across Discovery’s businesses with disciplined allocation of capital and cash.
Bringing the number of countries in which the Vitality Shared-Value Insurance model is available to 18.
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