Old Mutual Profit Drops as US-Iran War Fallout Curbs Investments
Profit at Old Mutual declined for the first time since 2022 as risk-off sentiment from conflicts in the Middle East curbed investment returns at the Africa’s biggest insurer by assets.
By Adelaide Changole · Bloomberg Markets
Profit at Old Mutual declined for the first time since 2022 as risk-off sentiment from conflicts in the Middle East curbed investment returns at the Africa’s biggest insurer by assets.