Trade of the Month: The case for Old Mutual
The insurer has a presence in the rest of Africa, as does its competitor Sanlam, but weathered the effects of the KwaZulu-Natal floods better
You’d easily be forgiven if you thought Sanlam and Old Mutual, two of SA’s oldest life insurers, are scrambling for Africa.
Old Mutual, which was founded in Cape Town in 1875, and Sanlam, which started in 1917 in the same city, have been pushing hard to cover life and limb across the continent — with varying degrees of success...
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