Elevated Interest Rates Pose Challenges for South African Insurer Old Mutual
South African insurer Old Mutual Ltd has reported that while higher interest rates have brought some benefits, they have also had a significant impact on customers, leading to a net negative effect. The company expects the pressure from tightening monetary policy to continue until it stabilizes in 2024. Old Mutual CEO Iain Williamson stated that …
Elevated Interest Rates Pose Challenges for South African Insurer Old Mutual Read More »