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Bloomberg

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

Tuesday, September 8, 2026


Old Mutual reported a profit decline, marking the first decrease since 2022. The company attributed the drop to reduced investment returns amid geopolitical tensions in the Middle East. Old Mutual is Africa's largest insurer by assets.

Original reporting: https://www.bloomberg.com/news/articles/2026-09-08/old-mutual-profit-drops-us-iran-war-fallout-curbs-investments

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