Old Mutual cautiously optimistic of economy

GWP increased 12 percent year-on-year to ZiG1,14 billion on the back of growth in all revenue lines. Insurance revenue was up seven percent to ZiG1,1 billion driven by new business written through the continued support from business partners.

Advertisements OLD Mutual Zimbabwe says it is cautiously optimistic about the country’s market outlook, citing sustained macroeconomic stability supporting operations despite external risks from the Middle East conflict.Advertisements This comes as the diversified financial services group posted a 43 percent year-on-year increase in after tax profit of US$40,177 million for the year driven by new…

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