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Discovery Limited (South Africa)

Main Activities: Direct Life, Health, and Medical Insurance Carriers | Health and Welfare Funds | Home Health Care Services
Full name: Discovery Limited Profile Updated: November 01, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Discovery Limited is a global financial services organization located in Sandton. They offer a range of products and services including health insurance, life insurance, short-term personal and commercial insurance, long-term savings and investments, banking, and behavior-change programs. Their primary markets are South Africa and the United Kingdom, where they own and operate financial services providers and insurers. However, they do not administer Discovery Health Medical Scheme or closed medical schemes.

Headquarters
1 Discovery Place, Po Box 786722
Sandton; Gauteng; Postal Code: 2196

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Website: http://www.discovery.co.za

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1992
Key Executives
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Chairman
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Director / Member of the Management Board
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Director / Member of the Management Board
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Chief Executive Officer
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Chief Financial Officer
Ownership Details
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12.96%
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7.61%
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7.5%
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6.25%
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6.22%
Subsidiaries
Cogence Proprietary Limited
100%
Discovery Bank Holdings Limited (Previously Discovery Purple Holdings Limited)
100%
Discovery Central Services Proprietary Limited
100%
Company Performance
Financial values in the chart are available after Discovery Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency ZAR. Absolute financial data is included in the purchased report.
Net insurance premium revenue
2.84%
Operating profit (EBIT)
226.86%
Net Profit (Loss) for the Period
38.42%
Total assets
-5.9%
Investments
8.28%
Total equity
-9.78%
Net Premiums Earned Trend
N/A
Net Profit Trend
N/A
Return on Equity (ROE)
4.44%
Loss Ratio
23.19%
Underwriting Expenses Ratio
-10.16%

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