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Old Mutual Holdings Plc, Formally known as UAP Holdings Limited, is an investment, retirement, and insurance group that operates mainly in Eastern Africa.UAP Holdings is one of the leading insurance and financial services groups in eastern Africa with a network of branches and operational subsidiaries spread across the greater eastern and central Africa regions.
In 2011, Old Mutual sold US Life to Harbinger Group Inc. for $350 million. [14] Old Mutual sold its Nordic operations to Skandia Liv for £2.1 billion in 2012. [15] In 2013, Old Mutual strengthened operations in Africa with the acquisition of Provident Life Assurance in Ghana [16] and Oceanic Life in Nigeria. [17]
As well as in the UK, Old Mutual Wealth had operations in Europe and various international markets, overseeing £78.5 billion in customer investments. [4] Paul Feeney was the Chief Executive Officer of Old Mutual Wealth. [5] In March 2012 Old Mutual sold the Nordic businesses (Sweden, Denmark, Norway) to the Swedish-based Skandia Liv, a partly ...
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Travel insurance is an insurance product for covering unexpected losses incurred while travelling, either internationally or domestically. Basic policies generally only cover emergency medical expenses while overseas, while comprehensive policies typically include coverage for trip cancellation, lost luggage , flight delays , public liability ...
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