Life insurers, such as Old Mutual, mostly want to get on with the boring business that actuaries do: calculate life expectancies, craft and sell policies, and invest the funds.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00.