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OLD MUTUAL PLC - Old Mutual plc Group Solvency and Financial Condition Report

Release Date: 11/06/2018 16:15
Code(s): OML     PDF:  
 
Wrap Text
Old Mutual plc Group Solvency and Financial Condition Report




   OLD MUTUAL PLC
   ISIN CODE: GB00B77J0862
   JSE SHARE CODE: OML
   NSX SHARE CODE: OLM
   ISSUER CODE: OLOMOL
   Old Mutual plc

   Ref 216/18
   11 June 2018


   OLD MUTUAL PLC GROUP SOLVENCY AND FINANCIAL CONDITION REPORT

   Old Mutual plc today publishes its 31 December 2017 Group Solvency and Financial Condition Report
   (SFCR) on the corporate website - http://www.oldmutualplc.com/ir/reports.jsp. The report has been
   prepared in accordance with the financial reporting provisions of the PRA Rules and Solvency II
   Regulations.
   Old Mutual Wealth Life & Pensions Limited, Old Mutual Wealth Life Assurance Limited, and Old
   Mutual International Ireland dac published their SFCR reports in May 2018. The reports are available
   on the following websites: https://www.oldmutualwealth.co.uk/financial-stability and
   https://www.oldmutualinternational.com/eur-financial-stability.

    Enquiries
    External communications

    Patrick Bowes                              +44 20 7002 7440


    Investor relations

    Dominic Lagan (Old Mutual plc)             +44 20 7002 7190
    John-Paul Crutchley (Quilter)              +44 20 7002 7016


    Media

    William Baldwin-Charles                    +44 20 7002 7133
                                               +44 7834 524833


   Notes to Editors

   About Old Mutual plc
       Old Mutual plc is a holding company for several financial services companies. In March 2016, it announced a new
       strategy of managed separation entailing the separation of its underlying businesses into independently-listed,
       standalone entities.

       BrightSphere Investment Group, a US based institutional asset manager, which rebranded from OM Asset
       Management in March 2018, is now independent from Old Mutual. The remaining underlying businesses are:

       OML (which includes Old Mutual Emerging Markets): OML has an ambition to become a premium financial
       services group in sub-Saharan Africa and offers a broad spectrum of financial solutions to retail and corporate
       customers across key market segments in 17 countries.

       Nedbank: Nedbank ranks as a top-5 bank by capital on the African continent and Ecobank, in which Nedbank
       maintains a 21.2% shareholding, ranks within the top-10 banks by assets on the African continent.

       Quilter: Quilter (formerly Old Mutual Wealth) is a leader in the UK and in selected offshore markets in wealth
       management, providing advice-led investment solutions and investment platforms to over 900,000 customers,
       principally in the affluent market segment.

       For the year ended 31 December 2017, Old Mutual reported an adjusted operating profit before tax of £2.0 billion.
       For further information on Old Mutual plc and the underlying businesses, please visit the corporate website at
       www.oldmutualplc.com.

       Sponsor:
       Merrill Lynch South Africa (Pty) Ltd

       Joint Sponsor:
       Nedbank Corporate and Investment Banking




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