In the Business Report article, Liberty's chief executive, Bruce Hemphill says that it has resolved entry-level market issues and that it is gaining market share from other insurers.
He says that indexed new business increased by 6% to R1,97 billion for the first six months to June. When combined with strong operational earnings from Stanlib, the two core divisions pushed headline earnings to R1,18 billion, 17,2% higher than last year.
Read more:
