Low growth worries Momentum Metropolitan CEO

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Low growth worries Momentum Metropolitan CEO
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New business volume falls almost a fifth but half-year headline earnings leap

Momentum Metropolitan CEO Hillie Meyer is worried about SA’s low growth environment and its impact on the insurance and investment group’s ability to win new business.

Meyer told Business Day six months ago that the loss of higher-income professionals due to emigration was worsening the contraction in SA’s savings pool, making it harder for investment and insurance firms to sell their products...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

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