Old Mutual said its board had approved the migration after concluding that the VFEX had developed sufficient scale and liquidity to serve as a viable alternative market. The company said the move would restore normal trading access while allowing shareholders to continue receiving dividends and benefiting from the value of their investment.
OLD Mutual Insurance Company’s profit before tax grew 208 percent on an annualised basis to ZiG101,4 million during the year ended December 31,2025 driven by growth in gross written premiums (GWP). 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…
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