
Enhanced underwriting and pricing drive Old Mutual Insure’s performance
The operating profit more than doubled in 2024, while gross written premiums increased by 9%.
The operating profit more than doubled in 2024, while gross written premiums increased by 9%.
Despite the wind-down of OUTsurance’s employee share ownership plan, CEO Marthinus Visser says the transition to a Customer Shareholding Plan will maintain employee motivation.
The financial services group reports a 17% rise in normalised operating profit to R11.6bn, with strong performance from its South African businesses.
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