Company News & Results

Old Mutual announces leadership transition at OM Bank

Old Mutual Group is pleased to announce the proposed appointment of Clarence Nethengwe as CEO-designate of Old Mutual Bank, effective 1 November, subject to regulatory approval.

Tough underwriting pays off for insurer

The latest half-year numbers published by South Africa’s largest non-life insurer, Santam Limited, suggest that all is well on the domestic risk transfer front, but the 35% lift in headline earnings per share masks a significant shift in exposure from insurer to insured. More on this observation in a moment; first let us unpack the insurer’s interim financial statements for the six-months to end-June 2024.

Schroders plc appoints Richard Oldfield as Group Chief Executive

Schroders plc today announces that Richard Oldfield has been appointed as Group Chief Executive, succeeding Peter Harrison, with effect from 8 November 2024, subject to regulatory approval.

Swiss Re sees increasing demand for reinsurance in volatile environment