US$ policy uptake spurs OM profit

OLD Mutual Insurance Company’s (OM) gross written premiums (GWP) went up by 729 percent to $1,3 billion during the year ended December 31, 2020 due to an uptick in customers taking up US$ policies. In a statement accompanying the insurer’s results, group board chairman Bongai Zamchiya said the unit’s profit before tax on cost basis…

Subscribe to read full article. Subscribe today

Related posts

Property indaba targets institutional capital

SMEDCO targets US$10m SME lending

Mutapa restores order at Phoenix Prince

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More