ALG Newsletter - Turnaround from Old Mutual Insure. Old Mutual South Africa's earnings growth in 1H24 was bolstered by a strong turnaround in Old Mutual Insure, driven by the hard underwriting cycle as we have discussed before. Old Mutual is very exposed to a South African turnaround with long-term upside from the expected launch of Old Mutual Bank in 2025. Reach out to gain access to our research and our expertise on IFRS 17 and SA insurance companies, including the work we are doing on SA insurance company forecasts and valuations in an IFRS 17 world.
27 September 2024
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