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Old Mutual Profit Drops as US-Iran War Fallout Curbs Investments

Profit at Old Mutual declined for the first time since 2022 as risk-off sentiment from conflicts in the Middle East curbed investment returns at the Africa’s biggest insurer by assets.

BloombergBy Adelaide Changole
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Africa Business Review aggregates and summarises reporting from trusted publishers. The full article is published by Bloomberg.

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Original headline: “Old Mutual Profit Drops as US-Iran War Fallout Curbs Investments