Eyes on the horizon as turmoil turns to hope: A view of the markets for 2023
Johannesburg, 31 January 2023 – Off the back of a tumultuous year for investors, 2023 is set to be one that marks the dawn of a new global market regime, requiring a new investment playbook. The following outlook is provided by Discovery Invest and its partners, Ninety-One, BlackRock, and Goldman Sachs (GSAM) – world leaders in asset management.
The consensus among them converges on the view th
The Ongoing Impact of COVID-19 on health and mortality
While the worst appears to be behind us in terms of the climbing infections, high death rates and the economic impact of the global coronavirus outbreak, deaths due to cardio-metabolic (heart and nervous system) and cancer-related conditions are now strikingly high in this post-COVID world. This is according to annual Group Risk claims data released by Discovery Employee Benefits.
Vitality Health International is making waves in Africa
Translations available in French, Arabic and Portuguese – view lower down. Since its launch in January 2022, Vitality Health International has been gaining momentum in bringing health insurance that rewards healthy living to employer groups in the rest of Africa.
The 19th Discovery Walter Sisulu Soccer Challenge: Soweto’s favourite football festival ready for kickoff
The 19th edition of the Discovery Walter Sisulu Soccer Challenge will take place from 1-23 December 2022. Whilst the men’s category is full, some spaces remain for the u17 and women’s categories. Teams are encouraged to urgently secure their spots into Soweto’s number 1 diski challenge. Entries close on 30 November 2022.
Discovery and the South African Football Associati
Research shows regular physical activity may boost COVID-19 jab effectiveness
Findings of a study by Discovery, SAMRC, WiSH, and the Sisonke programme suggest the more exercise done, the stronger the protective effect of vaccination.
Starting trips before 7am saves time, men are better at braking smoothly, and women stay within speed limits, says new driving trends data
New driving trends data released today reveals that people can save between 13% and 14% of their commuting time on their trips if they choose to start driving before 7am or after 8am. The data also highlights that men brake more smoothly and tend to use their cellphones less often than women when driving, while women are better at taking corners and staying within the speed limit.
The number of people in South Africa without a will is concerning, finds survey
A recent client survey conducted by Discovery Life reveals that, while 98% of respondents believe that having a will is important, almost a third of the participants conceded that they do not have a will in place (31%). With 12 to 16 September being National Wills Week in South Africa, the time is now to get a will drafted, especially if you have loved ones who are dependent on you for income and
South African women need more income protection cover – and continue to see the value of cover for cancers
Johannesburg, 10 August 2022: Every year, in August, South Africa marks Women’s Day and Discovery Life undertakes to reflect on its efforts to close the gendered insurance gap in our country. In 2019, ASISA conducted a gap study which found that women have an insurance gap of nearly R15 trillion. An analysis of Discovery Life’s 2021 claims data shows that while women hold 47% of all life polic
Road to Sun City gets a plug from the Pothole Patrol
Thanks to The Pothole Patrol, business and leisure travellers from Gauteng will no longer have to navigate potholes when they travel to Sun City for holidays or to attend business events.
The innovative initiative is a partnership between the City of Johannesburg, Discovery Insure and Dialdirect Insurance. In its first year alone, it repaired over 100 000 potholes in Johannesburg.
Now for th
SA’s most popular days for driving to work are Tuesdays and Wednesdays, according to recently released driving data
Discovery Insure’s new Work From Home Index has revealed an average of three days per week that people are physically travelling between work and home. These are the two most common destinations between which many people travel – often more than once a week – ordinarily every week.
During the past two years, our movement patterns between these two destinations have shifted and Discovery Insure
Discovery Life continues to have a positive impact on clients, with over R11.7 billion claims paid in 2021
A total of R11.79 billion was paid out in claims by Discovery Life in the 2021 calendar year including individual and Group Life clients, as released this morning in the annual claims review. A total of R9.1 billion was paid through over 10,000 Individual Life claims during the year.
Discovery Insure and Advanced EMS launch private firefighting initiative in Johannesburg to handle fire-related emergencies
Sandton, Johannesburg - A fire occurs in Johannesburg every six hours, according to data from the Fire Protection Association of South Africa. With the risk of fires increasing during the winter season, Discovery Insure this morning launched the Discovery Fire Force project in Johannesburg, a unique solution aimed at protecting Discovery Insure clients in the metropolitan area from the devastatin
One year on: More than 100 000 potholes repaired and counting
Over 100,000 potholes repaired by The Pothole Patrol in one year. Over 4400 potholes reported in Sandton alone. Roodepoort given the unfortunate crown of area with the most potholes. William Nicol labelled as the most treacherous road in Joburg and to celebrate The Pothole Patrol’s one-year anniversary, as well as to commemorate the UN Global Road Safety Week which
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
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
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
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 Health, South Africa’s largest private health insurance administrator, releases at-scale, real-world analysis of Omicron outbreak based on 211 000 COVID-19 test results in South Africa, including collaboration with the South Africa
Johannesburg, 14 December 2021
Vaccine effectiveness: o The two-dose Pfizer-BioNTech vaccination provides 70% protection against severe complications of COVID-19 requiring hospitalisation, and 33% protection against COVID-19 infection, during the current Omicron wave. Reinfection risk: For individuals who have had COVID-19 previously, the risk of reinfection with Omicron is
Discovery highlights significant progress in implementation of mandatory vaccination policy
On 3 September 2021, Discovery announced its mandatory vaccination policy for South Africa-based employees Staff vaccination rates have climbed from 22% at start of September to 94% by 30 November Across all main categories, including sex, age and seniority, more than 90% of staff are vaccinated Vaccination rates projected to reach levels greater than 97% before the peak of fourth wave, in ear
Tribute to South Africa’s healthcare professionals: Discovery Health releases moving nine-episode video docu-series
Discovery Health launches nine-episode video Doctor Appreciation docu-series
Each episode of this nine-part, documentary-style series tells a South African healthcare professional’s story and shares behind-the-scenes, real-life accounts from the COVID-19 frontline.
Johannesburg, 12 November 2021: South Africa’s healthcare professionals have worked at the COVID-19 coalface for the past 18 mont