OUTsurance's Australian business streaks ahead, with international operations set to overtake SA | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 80%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

OUTsurance's Australian business now writes more premiums than its short-term insurance business in SA, despite being ten years younger. | News24_Business

The insurer's Australian business, Youi, has already overtaken SA's gross written premiums, contributing 53% of the group's total in its half year to end December.

Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

_Business SA economy is in the tanker. go elsewhere is the message.

_Business It’s easy to understand why. In Australia it is mandatory to have car insurance while in South Africa it’s not. That’s why only 30% of cars on the road are insured.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Why OUTsurance is expanding to Ireland | BusinessOUTsurance has applied for a short-term insurance license in Ireland, planning to enter that market in the first quarter of 2024. | News24_Business _Business I don't think the Irish will appreciate the high prices and OUTsurance not paying out
Source: News24 - 🏆 4. / 80 Read more »

Outsurance’s normalised earnings jump more than three-quartersThe insurer’s earnings base has changed due to sale of Hastings Group stake, and unbundling of Discovery and Momentum Metropolitan stake
Source: BDliveSA - 🏆 12. / 63 Read more »