Back to markets

4AX - Cape Town Stock Exchange

Last update 01 Oct 2024

Assupol Holdings Ltd · 4AASP.4AX

South Africa · Financials · Life & Health Insurance · —

Price history

Assupol Holdings Limited is a South African financial-services holding company whose core operating subsidiary, Assupol Life Limited, provides life-insurance and long-term savings products to the domestic market. The group focuses on accessible funeral cover, life cover, savings, investment and retirement solutions, supported by an insurance-led distribution and administration platform. Assupol Investment Holdings holds strategic investments for the group, complementing the regulated life-insurance business. The company serves retail customers and policyholders seeking protection, estate support, savings discipline and retirement income products. Its commercial performance is tied to policy sales, persistency, claims experience, investment returns, regulatory capital management and the ability to manage distribution costs. The group operates in South Africa's competitive life and funeral-insurance market, where brand trust, claims service and affordability are important differentiators.

Fundamentals

Metric  (ZAR, B) 2023
Revenue Total Revenue 6
EBITDA 1
EBIT 1
Net income Net Income 1
Operating margin 19%
Net margin 9%