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Discovery announces surge in its financial performance

27 Feb 2026

Discovery’s trading statement covering the six months ending 31 December shows a significant surge in its financial performance. – Business Day (27 Feb 2026)
Annual premium income (API) grew by 12% during the reporting period and normalised profit from operations is expected to increase by 22% to 27%.
The group attributes its success to the strong performance of Discovery Health and Discovery Bank.
Headline earnings are expected to increase, with forecasts sitting between 27% and 32%.
“This suggests that the brand remains a top choice for consumers seeking insurance and banking solutions. “

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