Table 5.

Example of materiality from the report of MMI Holdings Ltd

Material mattersMaterial topics
In determining the content to be included in this report, we consider what the impact will be on value creation for our stakeholders over the short, medium and long term. We regard an issue to be material when it impacts our ability to achieve our strategy and developments that will influence an assessment of MMI’s performance. We also consider factors that affect the economic growth and social development of the countries we operate inThe successful execution of the group’s client-centric strategy of which the focus areas are:
– client centricity
– growth
– excellence
Channel growth across all segments
Value creation to unlock financial wellness through client engagement solutions
Group-wide expense optimisation project
Significant progress with geographical diversification into India and the UK
Streamlining portfolio in Africa
Embed the outcomes-based investment philosophy in the Investment and Savings Centre of Excellence
Implementing a turnaround strategy for the group’s health administration businesses
Drive profitability in Momentum Short-term Insurance
Implementing actions to improve underwriting experience
Source: Adapted from MMI (2017, p. 2)

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