OUTsurance, a short-term insurance group, on Wednesday listed on the JSE, following the transition and rebrand of Rand Merchant Investment Holdings (RMI). RMI, the investment holding company that ...
A look at the shareholders of OUTsurance Group Limited (JSE:OUT) can tell us which group is most powerful. With 31% stake, private equity firms possess the maximum shares in the company. Put another ...
Start-up costs in Ireland and higher natural disaster claims have hit OUTsurance’s bottom line. In a trading update for the six Months Ended 31 December 2023 (H1 2024), Outsurance Group Limited saw ...
Insiders who bought OUTsurance Group Limited (JSE:OUT) stock in the last 12 months were richly rewarded last week. The company's market value increased by R3.8b as a result of the stock's 7.9% gain ...
RMI says OUTsurance will take over its listing on the JSE. The investment holding company has decided not to invest in other businesses. RMI will change its name to something along the lines of ...
OUTsurance is paying a special dividend of 40 cents per share for the full year to June 2024 after the South Africa unit raised normalised earnings by 17.4% to R2.2 billion, boosted by strong income ...
Youi CEO Danie Matthee has been appointed as CEO of OUTsurance, the sister company to Youi and part of the same South African parent company OUTsurance Holdings. Frank Costigan, Youi Deputy CEO, has ...
JOHANNESBURG – MMI Holdings is buying the 50% of Momentum Short Term Insurance (MSTI) joint venture that it does not already own from OUTsurance. Nicolaas Kruger, CEO of MMI, said he believed that ...
In a clear signal that holding companies are deeply unpopular with investors, RMI Holdings announced its intention to dissolve its Holdco structure. OUTsurance, currently one of the “kids” in the ...
ALEC HOGG: In a series of related transactions, the FirstRand Group’s major shareholder, RMBH, is splitting off this asset, buying the bank’s 45% in OUTsurance, and putting that together with its ...