Company News & Results

Innovating to Meet Customer Expectations During Covid 19 Disruption

When governments across the world locked down their countries to deal with the COVID-19 pandemic, normal economic life as we know it was severely disrupted. All industries including the insurance industry scrambled to put measures in place to ensure that they could serve their customers remotely while also rolling out new products to meet new customer expectations.

Old Mutual announces its intention to unbundle c.12.2% in Nedbank

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).

GENRIC Insurance set to add some “life” to the life insurance market

Swiss Re reduces its shareholding in Phoenix by selling approximately 6.6% stake for GBP 437 million