Old Mutual Posts First Profit Drop Since 2022 as War Hits Gains

Old Mutual Posts First Profit Drop Since 2022 as War Hits Gains

Profit at Old Mutual declined for the first time since 2022 as risk-off sentiment from conflicts in the Middle East curbed investment returns at the Africa’s biggest insurer by assets.

Profit at Old Mutual declined for the first time since 2022 as risk-off sentiment from conflicts in the Middle East curbed investment returns at the Africa’s biggest insurer by assets.

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Bloomberg — Markets (EN)




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