The company says it operated under challenging microeconomic conditions with high inflation and supply chain disruption.
Its insurance section was the hardest hit business unit in the first half of the year, impacted mainly by the KwaZulu-Natal floods.Managing Director of Mass & Foundation Cluster at Old Mutual, Clarence Nethengwe says, “We also see customers on the upper mass side buying underwritten life and I think that is related more to COVID-19. So most people have realised life is short and anything can happen and are starting to buy underwritten life in our space.
Do life insurance policies from OldMutualSA cover vaccine related deaths?
It's one thing to get money but it's a whole thing to be able to allow God to truly order all your steps. As soon as I stopped questioning God, everything started working itself out! LisaMarkdona2