Arthur Oginga on the firm's pricing issue, fraud challenge and plan to dispose real estate stocks

Author: George NgigiPublished on: September 3, 2026Country: Kenya

Business & Economy

Arthur Oginga on the firm's pricing issue, fraud challenge and plan to dispose real estate stocks

Arthur Oginga, CEO of Old Mutual Holdings, stated that price reductions in the insurance industry are not inherently bad if driven by efficiency gains. However, he warned that it can harm customer trust if it leads to service delays. Old Mutual recently improved its underwriting margin to 2.8% through better pricing and supplier rationalization.

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