How we operate

Regulatory

We pursue value by balancing the risk assumed with the capital required and view good governance and compliance with applicable laws and regulations as a vital ingredient of operating a successful business. We meet with our compliance obligations and we are open and honest and co-operate with our regulators.

We are governed by the EU Solvency II regulation and our local businesses are governed by the regulatory bodies of the country in which they operate. The Group Solvency II surplus, was £1.3 billion at 31 December 2016 representing a statutory cover of 124%. For the year ended 31 December 2016 Old Mutual reported pre-tax adjusted operating profits of £1.7 billion.