Old Mutual reports 14 pct sales growth

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OLD Mutual says Sales grew by 14 percent across its segments driven by improved productivity levels, which contributed to strong growth in the value of new business
“In the first half of 2023, we performed well across most of our key performance indicators with good top-line growth in our core businesses,” Old Mutual Limited chief executive Iain Williamson said in a statement accompanying the company’s unaudited interim results and interim dividend declaration for the six months ended June 30, 2023.
“We continued to regain market share in mass and foundation cluster and personal finance, as evidenced by external market surveys. We delivered solid growth on gross flows and gross written premiums despite the challenging macroeconomic environment.
“We made steady progress in delivering our victory condition of becoming our customers’ first choice to sustain, grow, and protect their prosperity.”

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