Picture: THINKSTOCK
Picture: THINKSTOCK

Insurer Momentum Metropolitan has seen a 53% spike in normalised headline earnings, thanks to cost-cutting and new business growth.

The company is aware that cost-cutting can only do so much and says that it will focus on revenue growth in future, but the group has warned that it is bracing itself for single-digit growth next year as the outlook for the economy remains dim.

CEO Hillie Meyer joined Business Day TV to talk about the group’s full-year results.

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