Due to Coronavirus [4] 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 [5]
Links:
[1] https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Farticle%2Fcovid-19-s-negative-impact-on-old-mutual&text=COVID-19%E2%80%99s+negative+impact+on+Old+Mutual
[2] https://www.linkedin.com/shareArticle?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Farticle%2Fcovid-19-s-negative-impact-on-old-mutual&source=Atlas Magazine&mini=true
[3] https://www.atlas-mag.net/en/issue/turbulence-in-aviation-insurance
[4] https://www.atlas-mag.net/en/article/coronavirus-toll-and-consequences
[5] https://www.atlas-mag.net/en/article/old-mutual-ready-to-invest-8-billion-usd-in-sustainable-development