NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) for the year ended 31 December 2022 22. Net insurance premium revenue Group 2022 2021 R’m R’m Individual premiums from policyholders 6 005 5 579 Long-term 5 734 5 349 Short-term 271 230 Group reinsurance premiums inwards – 6 Long-term – 5 Short-term – 1 Premium revenue arising from insurance contracts issued 6 005 5 585 Individual premium revenue ceded to reinsurers on insurance contracts issued (669) (555) Long-term (599) (512) Short-term (70) (43) Total net insurance premium revenue 5 336 5 030 Long-term 5 135 4 842 Short-term 201 188 152 Notes to the Consolidated Financial Statements
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