"Momentum Metropolitan will continue to execute the Reinvent and Grow strategy over the period from 2022 to 2024. The Transaction does not impact any forward-looking or outlook statements that were previously communicated," Momentum Metropolitan said. RMI said post the unbundling, it would provide unique access to a geographically diversified portfolio of future-fit assets, which generated reliable income streams and provide significant growth potential. These core short-term insurance assets include OUTsurance, Youi and Hastings, which are all local champions in their respective markets. "Collectively these companies provide access to 5.2 million customers, gross written premiums worth more than $2 billion (R29.6bn) and leading positions in South Africa, Australia and the UK, respectively.