Discovery is an integrated financial services organisation, focusing on health insurance, life assurance, investments and savings products, wellness and short-term insurance. Co. operates primarily through six subsidiaries which operate in South Africa: Discovery Health, Discovery Life, Discovery Collective Investments and Discovery Investment Services, Discovery Vitality and Discovery Insure. In the U.K., Co., via a subsidiary, Discovery Offshore Holdings Limited, has a joint venture with Prudential plc., the PruProtection group of companies, which provide health and life insurance products. In the U.S., The Vitality Group Inc. provides Vitality as a stand-alone product.

Liberty Holdings is a holding company. Co. provides a range of products and services to help customers build and protect long-term wealth. These include life and healthrelated insurance, investment management and retirement income facilitation. Co. provides risk cover through insurance contracts to individuals and institutions that provides financial assistance to the customer in the event of death, sickness or disability and retrenchment; managing customer wealth through investment advice, active and passive asset management services; providing retirement financial assistance to pensioners; and administration and consulting services to health risk insurers.

Old Mutual Limited is a financial service company, which is focused on providing financial solutions to individuals, businesses, corporations and institutions across 17 countries and three regions Africa and Asia. Its business includes Old Mutual Personal Finance offers wealth creation and protection products, as well as asset management, in the middle-income market; Old Mutual Mass & Foundation Cluster offers savings and protection products to customers in the lower-income and foundation market; Old Mutual Corporate provides investment, insurance and consultancy services to retirement funds and companies of all sizes; Old Mutual Wealth & Investments Cluster offers clients access to an array of investment offerings, styles and asset classes; Old Mutual Insure that provides short-term insurance services to personal, commercial and corporate customers, and Old Mutual Africa offers life and savings, property and casualty, asset management and banking services.

Sanlam is a financial services company, engaged in providing financial solutions to individuals and institutional clients. Co.'s solutions include life insurance; general insurance; investment management, which include retail savings, asset management and wealth management; credit and structuring; and administration, health and other such as estate planning, trusts, wills and health management. Co.'s segments include: Sanlam Personal Finance; Sanlam Emerging Markets; Sanlam Investments, which includes Investment Management, Capital Management and Sanlam Employee Benefits; Santam; and Corporate and Other.