Share Name Share Symbol Market Type Share ISIN Share Description
Old Mutual LSE:OML London Ordinary Share GB00B77J0862 ORD 11 3/7P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -4.00p -1.58% 249.00p 250.00p 250.20p 253.20p 247.60p 253.20p 28,772,537 16:35:01
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Life Insurance 4,225.0 617.0 19.3 12.9 12,282.61

Travelers Companies, St.Paul Fire & Marine Insurance Lodge Claim, Says Old Mutual

13/03/2018 7:52am

Dow Jones News

Old Mutual (LSE:OML)
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1 Month : From Feb 2018 to Mar 2018

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By Maryam Cockar


Old Mutual PLC (OML.LN) said Tuesday that The Travelers Companies Inc. and St. Paul Fire & Marine Insurance Co. have lodged a claim in a U.S. court against Old Mutual related to previously disposed U.S. assets.

The FTSE 100-listed banking group said the claim lodged in the district court of New York was related to pre-existing head office legacy items.

Old Mutual said it believes that the claim is "without merit and we will resist accordingly."

The company said that it expects the "managed separation" of the assets to be completed by the end of 2018.


Write to Maryam Cockar at


(END) Dow Jones Newswires

March 13, 2018 03:37 ET (07:37 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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