Loading ...Signs of operational improvement at M&F:Old Mutual
Johannesburg, May 13 (I-Net Bridge) - At short terms insurer Mutual and Federal (MAF), premium growth proved difficult in the first quarter due to subdued levels of consumer spending and a slow recovery from the recession, Old Mutual said Thursday.
Following the successful completion of the minority… »
Archive for May 13th, 2010
Signs of operational improvement at M&F:Old Mutual
Thursday, May 13th, 2010Old Mutual has no exposure to euro zone debt
Thursday, May 13th, 2010Johannesburg, May 13 (I-Net Bridge) - Wealth management group Old Mutual (OML) said Thursday that it has no exposure to sovereign debt in Portugal, Ireland, Greece, or Spain, and less than GBP 1 million exposure to Italy.
Relasing its March quarter operational update, the group said the pro-forma Financial Groups Directive (FGD) surplus… »
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