S.African insurer OUTsurance reports almost 150% jump in interim profit

Kitco Media
By Reuters
Published:
Updated:
Reuters
JOHANNESBURG, March 22 (Reuters) - South African short-term insurer OUTsurance Group reported on Wednesday an almost 150% jump in half-year profit as it benefited from strong premium growth and favourable operating conditions. Its headline earnings per share, a profit measure, was at 86.6 South African cents in the year to Dec. 31, up from 35 cents posted a year ago. (Reporting by Tannur Anders Editing by Promit Mukherjee)

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