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Our
purpose:

We enable businesses and
people from all walks of
life to achieve their financial goals
and life aspirations.

Company facts

Momentum Metropolitan Holdings Limited (Momentum Metropolitan) is a South African based financial services group listed on the Johannesburg and Namibian Stock Exchange.

Momentum Metropolitan was formed from the merger of Metropolitan and Momentum, sizeable insurance-based financial services companies in South Africa and listed on the Johannesburg Stock Exchange on 1 December 2010.

With a market capitalisation of R29.2 billion and an embedded value of R41.3 billion as at 30 June 2021, Momentum Metropolitan remains one of South Africa's larger life insurers and integrated financial services company.

Momentum Metropolitan conducts its business through operating brands Metropolitan, Momentum, Guardrisk and Eris Properties.

Momentum Metropolitan offers the following products and services for both individuals and companies (including institutions and organisations):

  • Long and short-term Insurance
  • Employee benefits including healthcare and retirement provision
  • Asset management, property management, investments and savings
  • Healthcare administration and health risk management
  • Client engagement solutions, including the Momentum Multiply wellness and rewards programme

Momentum Metropolitan’s Reinvent and Grow strategy, as launched at our Investor Conference in May 2021, which included:

  • A significant focus on and investment in digital initiatives to generate efficiencies and to improve the ease of doing business for our clients and advisors
  • A further focus and growth of existing distribution channels, complimented by development of alternative distribution opportunities
  • Targeting normalised headline earnings for the Group of between R4.6 billion to R5.0 billion by the financial year ending 30 June 2024 (F2024)
  • Dynamic and disciplined management of group capital, with the objective to improve the return on equity of the Group to 18% to 20% by F2024

Momentum Metropolitan 2021 Integrated Report. Read more.

Momentum Metropolitan results for the year ended 30 June 2021. Read more.

Purpose and Vision

Momentum Metropolitan's strategy aims to generate superior shareholder returns through leading products, valuable distribution partnerships and excellent client experiences. These capabilities will enable businesses and people from all walks of life to achieve their most important financial goals and life aspirations. The end result of financial wellness remains at the core of what we do.

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