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Momentum Group Limited (South Africa)

Main Activities: Other Financial Investment Activities | Direct Life, Health, and Medical Insurance Carriers
Full name: Momentum Group Limited Profile Updated: July 31, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Momentum Metropolitan Holdings Limited is a South African-based financial services group. They offer a range of client-facing and specialist brands that help individuals and businesses achieve their financial goals. Their services include helping people grow their savings, protect their assets, and invest for the future. They also assist companies and organizations in caring for and rewarding their employees and members. Momentum Metropolitan operates in various countries in Africa, including South Africa, Botswana, Ghana, Lesotho, Mozambique, and Namibia. Additionally, they have operations in the United Kingdom and a health insurance joint venture in India.

Headquarters
268 West Avenue, Po Box 7400, Centurion, 0046, Centurion
Pretoria; Gauteng; Postal Code: 0157

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Website: http://www.momentummetropolitan.co.za

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2000
Key Executives
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Chairman
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Chief Executive Officer
Ownership Details
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14.9%
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8.5%
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7.9%
Subsidiaries
Investec Limited
2.9%
Eris Property Group (Pty) Ltd
Met Collective Investments (Rf) (Pty) Ltd
Company Performance
Financial values in the chart are available after Momentum Group Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency ZAR. Absolute financial data is included in the purchased report.
Net insurance premium revenue
11.79%
Operating profit (EBIT)
-43.42%
Net Profit (Loss) for the Period
16.23%
Total assets
10.97%
Investments
9.05%
Receivables
-27.53%
Total equity
8.86%
Net Premiums Earned Trend
6.19%
Net Profit Trend
-583.77%
Return on Equity (ROE)
1.03%
Loss Ratio
8.97%
Underwriting Expenses Ratio
11.89%

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