No matter what dominates the headlines of the time, we've always been there for our members. Read about the R1.4 billion in COVID-19 claims and R4.4 billion in total claims we paid out last year.
ACCESS THE HIGHLIGHTSAmid an increase in life insurance claims payments in the second year of the COVID-19 pandemic, which exceeded anything witnessed in our over 80-year history, our 2021 financial results highlight our unwavering commitment to our members.
ACCESS THE HIGHLIGHTSIn 2021, we paid R6.1 billion in total benefits (up 27% from 2020) and allocated R5.5 billion as Profit-Share to our members (R3.3 billion more than in 2020).
ACCESS THE HIGHLIGHTSTestament to the strength of our unique mutuality model, our 2021 financial results highlight how, despite huge volatility, we were still able to return enormous value to our members.
ACCESS THE HIGHLIGHTSGiven the extraordinary events of the past two years, our focus was on paying valid claims and assisting our members as much as possible.”- Izak Smit
https://www.pps.co.za/reports/highlights-for-2021