Momentum Group maintains strong performance despite economic headwinds

Momentum Group's operating update for the nine months ended March 31, 2025, reveals a sustained positive trajectory, with NHE reaching ZAR 4.8 billion. While new business, measured by PVNBP, declined by 4% year-on-year to ZAR 58.043 billion, the value of new business (VNB) continued to grow. Recurring premiums increased by 5% to ZAR 3.102 billion.