Discovery keeps sights set past Covid-19 despite dip in first-half profit
Group suffers R362m in forex losses as currency hedging measures run afoul of a volatile rand
25 February 2021 - 13:12
UPDATED 25 February 2021 - 19:49
Discovery Limited, the insurance group founded by Adrian Gore, is looking beyond Covid-19 as it seeks to become a global financial services player even as it posts a drop in interim profit caused by a volatile rand.
“We’ve set an ambitious goal of leading financial services globally, positively influencing 100-million lives — with 10-million lives directly insured — and being a powerful force for social good,” the Discovery CEO said...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.