MMI Holdings Limited (MMI) has delivered a solid set of results for the financial year ended 30 June 2015.
Nicolaas Kruger, MMI group chief executive officer, says he is pleased with the group’s performance given the current challenging economic environment.
MMI reported a 17% increase in profits from operating divisions to R3.5 billion, while the group’s value of new business increased strongly by 22% to R954 million. New business expressed as the present value of premiums rose by 21% to R50 billion, on the back of very good fourth quarter sales.
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