OUTsurance stock confirms CFO change after earnings growth of 18.5 percent

Published on 10/05/2026 at 20:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

OUTsurance stock was last at ZAc 7,963 on October 5, 2026, while the group confirmed a new CFO. Fiscal-year earnings rose 18.5 percent to ZAR 5,605 million.

OUTsurance, ZAE000314084, Illustration mit AI erstellt.

OUTsurance stock (ISIN ZAE000314084) was last at ZAc 7,963 on the JSE on October 5, 2026, with a daily change of minus 0.95 percent. The group confirmed that Francois van Rooyen became group chief financial officer and executive financial director effective October 3, 2026, according to Sharenet on October 5, 2026.

CFO transition follows strong results

The management change arrives after a profitable fiscal year ended June 30, 2026. Listcorp reported that OUTsurance Group normalised earnings increased 18.5 percent to ZAR 5,605 million, while normalised earnings per share rose 18.3 percent to 362.2 cents.

The statutory numbers also improved. Profit attributable to ordinary shareholders reached ZAR 5,623 million in fiscal year 2026, compared with ZAR 4,707 million in fiscal year 2025, while basic earnings per share rose to 365.2 cents from 306.2 cents, according to the same results announcement from Listcorp.

South Africa offsets insurance pressure

The earnings mix explains why the CFO transition is taking place against a stronger operating base. OUTsurance South Africa normalised earnings increased 43.3 percent to ZAR 4,196 million, while Youi Group earnings fell 6.7 percent to ZAR 2,136 million in fiscal year 2026, figures published by Listcorp show.

Natural-perils claims remain an important counter-factor. The group claims ratio rose to 54.9 percent from 53.6 percent, while the results announcement said higher losses at Youi offset more favorable weather outcomes in South Africa.

Analyst target stays above last price

MarketScreener lists an Outperform consensus from 7 analysts, with an average target price of ZAR 90.07. Its published reference close is ZAR 86.33, placing the average target 4.33 percent above that reference price.

The current JSE quote was last at ZAc 7,963 on October 5, 2026 at 5:02 p.m. SAST. The 52-week range is ZAc 6,586 to ZAc 9,012, and the market capitalization is ZAc 123.3 billion.