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Old Mutual Limited (“Old Mutual”) has announced its intention to unbundle c.12.2% in Nedbank Group Limited (“Nedbank”), marking a total distribution to Old Mutual shareholders worth approximately R10-billion (at a Nedbank price of R167 per share).
Respiratory system disorder claims shoot up by 61% under total underwritten claims as a result of widespread infection
The 2021 Brand Finance report has ranked Old Mutual in the top 10 strongest brands, as well as in the top 100 most valuable insurance brands globally. Although the company slipped from 4th last year to 9th this year, it remains the only African insurer in the authoritative annual report, compiled by the world’s leading brand valuation consultancy.
We are saddened by the news of major devastation caused by fires in both Gauteng and the Western Cape this past weekend.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?