Latest Momentum Group News & Updates

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Momentum Group

South African life insurance and financial services group

momentumgroupltd.co.za

Headquarters: Centurion, South Africa
Company type: Public company
Number of employees: 10,000+
Industry: Life & Health Insurance

Last updated October 23

Latest news about Momentum Group

In short: Momentum Group reported record earnings, reaching its R7 billion target a year early.

Company announcements

October 23 Momentum Group

Momentum Group hits R7bn earnings at Leadership Summit

Earnings doubled in three years ahead of schedule. The company focuses on client experience and operational excellence moving forward.

September 17 Momentum Group

Momentum Group reports strong sales growth

New business sales rose 18% to R93.8 billion, driven by significant increases across Momentum Africa, Corporate, Investments, and Retail units.

September 15 Momentum Group

Momentum Group delivers R7 billion in earnings ahead of target

Normalised headline earnings grew 13% to R7.06 billion, exceeding strategy ambitions with strong performance across profitable business units.

March 19 Momentum Group

Momentum Group reports 8% earnings growth in interim results

Landmark Bonitas partnership adds 750,000 beneficiaries; AI initiatives generated R40 million in savings.

Media coverage

September 29 MyBroadband

Momentum Group company responds to data breach claims

Guardrisk, a major South African insurer and Momentum subsidiary, said claims on the dark web about a data breach related to a cyber incident impacting...

September 28 Business Day

Momentum Corporate scoops up Verso to boost retirement services

Momentum Corporate has strengthened its retirement fund administration and consulting capabilities with the purchase of Verso, a financial services group founded in South Africa about...

September 19 Sunday Times

Momentum outperforms key 2027 targets

Marais said there is still some work to do in order to ensure the target is met. The value of new business is challenging because...

September 17 Bloomberg

Momentum Plans Acquisitions to Grow South Africa Adviser Network

Momentum Group Ltd. is seeking to buy businesses as the South African investment and medical-insurance company looks to boost the number of financial advisers and...

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