Presented byIsaac Nzyoka

Group Managing Director - Health17th November 2015

Realigning Healthcare

as a Business

OLD MUTUAL EMERGING MARKETS AT A GLANCE - FY 2014

Customer #

FuM

3.1m

Kes.

434 billion

Rest of Africa

FUM

Kes.6.3 Trillion

Customer #

FuM

Asia

69k

Kes.

112 Billion

Customer #

FuM

5.9m

Kes.

5.01 Trillion

South Africa1

Customer #

FuM

456k

Kes.

777 Billion

Latin America

NCCF

Kes. 149 Bn

IFRS AOP

Kes. 77 Bn

Customers

c. 9m

Employees

c. 25k

IS HEALTHCARE A BUSINESS?

Healing is an art, medicine is a profession but healthcare is a business

HEALTHCARE IS BIG BUSINESS ….AND GROWING

$7.2 trillion annually 2015

10.6% of global GDP 5.2% annual growth

rate to $9.3 trillion by 2018

Harvard Business Review, What is the business of healthcare, 2012

4 TRENDS IMPACTING HEALTHCARE IN 2015

1. Costs

2. Adapting to

market forces

3. Transformatio

n and digital

innovation

4. Regulation and

compliance

Deloitte Global Health Report – 2014

20 YEARS FROM NOW….

Genetic modification, robotics, telemedicine will be standard practice

Real progress in understanding and slowing aging

A whole new generation of long term and costly pill takers

Likely need to choose between prolonging life or having babies

Demand for funding innovations for old, sick and poor

…..BUT COMMERCIAL DILEMMAS WILL PERSIST

Reducing cost of

services

Meeting Increasin

g demand

Those in most need are those least able to pay

Society must choose between allowing the sick and poor to suffer and die, or provide a mechanism to share these costs among the many.

Insurance to play a key role in financing health

THANK YOU

Healthcare, and Health Insurance

have a very sound, if different, future!