Old Mutual PLC was incorporated in England and Wales on June 26, 1998. It is an investment and insurance company. The Company offers life assurance, asset management business, banking, and property & casualty services.Its operating business segments are Emerging Markets, Nedbank, Old Mutual Wealth and Institutional Asset Management. The Emerging Markets segment provides financial solutions to retail and corporate customers across a number of market segments and geographies in South Africa, the Rest of Africa and other select emerging markets. These solutions include life insurance, property and casualty insurance, investments, asset management and credit solutions. The Nedbank segment is a diversified financial services provider offering a range of wholesale and retail banking services, as well as insurance, asset management and wealth management solutions. The Nedbank delivers the products and services through four main business clusters: Nedbank Corporate and Investment Banking, Nedbank Retail and Business Banking, Nedbank Wealth and Rest of Africa. The Old Mutual Wealth segment provides advice-driven investment solutions through its adviser and customer offerings. This segment offers advice-driven wealth solutions to customers in the UK and a number of cross-border markets, including the Far East, Middle East, Europe, Latin America and South Africa, through Old Mutual International. The Institutional Asset Management segment provides investment management services through a diversified multi-boutique framework that seeks to generate sustainable alpha for clients around the globe. It offers a range of investment strategies to clients around the globe through seven regarded boutique asset management firms located across the United States. The Company is subject to the laws and regulations of, many different jurisdictions.
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