Old Mutual May Pump as Much as $300 Million Into U.S. Life Unit

Old Mutual Plc may inject as much as $300 million into its U.S. life-insurance business at the beginning of next year to strengthen the unit... “We are committed to maintaining the risk-based capital ratio at 300 percent and may need to inject between $200 million and $300 million into the U.S. business next year,” spokesman Matthew Gregorowski said in an interview yesterday...

Bloomberg: Old Mutual May Pump as Much as $300 Million Into U.S. Life Unit