Old Mutual flags possible client exits after policy changes
18 April 2024 - 05:39
Financial services group Old Mutual says it could see an outflow of customers after amending the wording of some of its insurance policies in response to load-shedding and climate change.
The group said in its 2023 annual report the rewording of some of its policies to exclude certain events might lead to consumers opting for cover with its rivals...
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