FilingReader Intelligence
Clientele profit jumps on 1Life acquisition
March 11, 2025 at 09:00 PM UTC•By FilingReader AI
The financial services group saw a significant boost to its interim results, primarily driven by the strategic acquisition of 1Life. Recurring Embedded Value Earnings ("REVE”) increased by 49% to R537.8 million. The Value of New Business (“VNB”) also experienced substantial growth, increasing by 50% to R187.4 million.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
JSE:CLI•Johannesburg Stock Exchange
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