Tag Archives: Old Mutual Group

Old Mutual Profit Soars 550% to Sh1.3 Billion

Old Mutual Group’s profit after tax surged by 550% to Sh1.3 billion last year, driven by robust performance in its asset management division, underwriting gains from the insurance sector, and returns on invested assets. In 2023, the company reported a net profit of Sh200 million. “Our ongoing strategy is focused …

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