New legal tussle brews at Old Mutual

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Isle of Man-based Business Doctor Consortium accuses SA’s third-largest insurer by market value of prejudicial conduct

Another legal tussle is brewing for Old Mutual after a minority shareholder in one of its subsidiaries accused SA’s third-largest insurer by market value of prejudicial conduct in a cost recovery dispute that dates back to 2014.

The privately owned Business Doctor Consortium , based in the Isle of Man, is seeking relief from the high court in Cape Town after Old Mutual Finance allegedly refused to recover nearly R600m from Old Mutual Life Assurance Company SA , the group’s main operating company...

 

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New legal tussle brews at Old MutualIsle of Man-based Business Doctor Consortium accuses SA’s third-largest insurer by market value of prejudicial conduct If you peruse their hellopetercom page, it's likely than not allegations are true. I just want to say a very big thank you, to your company for its transparency. I had doubts at first but seeing I got paid I deemed it necessary to share with the general public and let them know that you are real and reliable account manager Stephenjoyce_1
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