COVID-19’s negative impact on Old Mutual

Old MutualDue to Coronavirus outbreak, the south African insurer Old Mutual is expecting a 20% decline in its profit for the 1Q of 2020.

The company intends to implement a number of management measures to face the current situation.

For the record, Old Mutual was created in 1845 and its shares are listed in London and Johannesburg.

Read also | Old Mutual ready to invest 8 billion USD in sustainable development

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