The Discovery Health Medical Scheme today announced strong financial results despite challenging economic conditions in South Africa. The Scheme posted gross contribution income in 2014 exceeding R44 billion with a strong net healthcare result of R753 million, and a net surplus of R1.5 billion, on the back of a robust business model and continuing investment in innovation.
Today, at a ceremony in Sandton, the Discovery Foundation announced the second recipient of the Discovery Foundation MGH Fellowship Award. This grant of R2.1 million is awarded to top South African academic doctors to do clinical research and study at Massachusetts General Hospital (MGH) in Boston, USA.
On 27 May 2015, influential stakeholders in the healthcare industry will gather at the Discovery Health Industry Round Table in Sandton, Johannesburg. The focus of this round table: Creating quality in healthcare for all South Africans.
South Africa’s economy is still in good shape
JOHANNESBURG, May 19, 2015
The second annual Discovery Financial Planning Summit held on Tuesday in Sandton, which brought over 1,000 financial advisers together, was aimed at providing insight into global best practices to help ensure the delivery of quality advice in a changing regulatory environment. Joining other local and international thought leaders in the financial services industr
The financial services sector plays a crucial role in the South African economy and the evolving regulation for this sector is here to stay, Hon. Minister Nhlanhla Nene said this morning.
South Africa’s financial institutions and financial planning intermediaries will have to continue embracing change, innovation and technology if they are to grow in an environment where the direct distribution model is the fastest growing channel in the R6 trillion savings and investment sector.
Discovery Health and Uber partner to bring UberHEALTH to South Africa
Get the flu vaccination with ease
It is not too late to immunize against the flu this winter, and on Friday 22 May 2015 Discovery and Uber, the innovative app that connects riders with drivers, are making it easy for everyone to get vaccinated with the delivery of UberHEALTH. Between 10:00 AM and 4:00 PM on the day, Discov
Adrian Gore, CEO of Discovery, will tomorrow night receive the Geneva Forum for Health Award at a ceremony during the Forum for Health in Geneva, Switzerland.
The second Discovery Financial Planning Summit will take place on 19 May 2015 at the Sandton Convention Centre under the theme ‘Making sense of today’s financial complexities.’ Over 1500 financial advisers are expected to attend the event, which is notably a key highlight in the 2015 financial services calendar.
Discovery Limited (“Discovery”) and John Hancock Insurance (“John Hancock”) have entered into a strategic partnership which will see the introduction of a comprehensive healthy living program for U.S. consumers. John Hancock, a division of the global financial services group Manulife, is one of the largest life insurers in the United States.
Discovery Invest announced its new globally-focused retirement product, the Dollar Discovery Retirement Optimiser, which is aimed at building up a retirement nest egg in hard currency.
Discovery will host its second Financial Planning Summit on 19 May 2015 at the Sandton Convention Centre under the theme ‘Making sense of today’s financial complexities’.
At a launch held in Johannesburg, Discovery Invest announced its investment product enhancements which included a newly designed structured fund, the Discovery Enhanced Yield Fund. Compared with traditional interest or income funds, the Discovery Enhanced Yield Fund offers investors the potential to earn significantly higher fixed returns of 15 percent per year.
At a launch event held in Johannesburg on Tuesday, Discovery Life announced exciting enhancements to its Income Continuation Benefit, which includes market-leading comprehensive income and lifestyle protection and a broadened claims criteria.
Discovery Limited today announced details of the Group’s intention to raise capital to the amount of R5 billion through a fully underwritten, renounceable rights issue. Proceeds of the rights issue will be used to fund growth in adjacent financial markets in South Africa, and to drive further growth in its high-potential protection business in the UK, VitalityLife.
Discovery delivers excellent financial results and accelerated global growth • Normalised headline earnings up 20% to R1 981 million • Normalised profit from operations up 19% to R2 824 million • Growth in embedded value increased 14% to R45.5 billion • New business growth of 17% to R6 663 million
Successfully launched in May of 2014, the Discovery Capital 200+ is reopening today, Monday, 26 February 2015 for a limited period. For investors looking for equity exposure to the European and US markets, the Discovery Capital 200+ offering is a fixed-term five-year product investing in the Euro Stoxx 50 and S&P 500 indices.
Discovery Health’s fourth bottom line strategy was on 15 January 2015 endorsed by health ministers of the Southern African Development Community (SADC) at a key conference held in Victoria Falls, Zimbabwe. This strategy takes into account the impact of employee wellness on company performance and profit and integrates health reporting into companies’ statutory reports.
Are you a health journalist proud of your work in helping to provide our citizens with reporting of high quality in healthcare? Discovery Health invites you to submit your work that has been published or broadcast between 1 January 2014 and 31 December 2014 for the Discovery Health Journalism Awards 2014.
