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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]
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Mutual railway station is a Metrorail commuter rail station located between the suburbs of Maitland and Pinelands in Cape Town, South Africa. It is situated next to the South African headquarters of the Old Mutual , from which it takes its name.
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.
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Quilter plc, formerly known as Old Mutual Wealth Management Limited, is a British multinational wealth management company formed to take over the UK wealth management [3] business of Old Mutual plc after its separation of business. [4] It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
The Old Mutual business has a long history. In 1845 John Fairbairn (a Scot) founded "The Mutual Life Assurance Society of the Cape of Good Hope" in Cape Town.Over the next 100 years the business was to evolve significantly, changing its name in 1885 to the "South Africa Mutual Life Assurance Society", but becoming familiarly known simply as "The Old Mutual", so as to distinguish it from newer ...
The construction and opening of Gateway Theatre of Shopping has also been the driving force for many new developments in the area. Originally a sugar cane plantation, the establishment of Gateway on the site has led to the development of a new town centre and both commercial and residential developments within the region.