Utmost Group obtains approval to buy Lombard International

Enhancing client offering

Jaskeet Briah
clock • 1 min read

Utmost Group, a provider of insurance and savings solutions, has received regulatory approval to complete its acquisition of Lombard International Assurance Holdings Sarl (Lombard International).

Lombard International, which provides insurance-based wealth solutions, will be integrated into Utmost International, the international life assurance business of Utmost Group. Utmost International operates across the UK, Europe, Latin America, Asia and the Middle East, its solutions are predominantly based on unit-linked insurance policies. Following its acquisition, which was originally announced in July 2024, Lombard International will continue to operate from Luxembourg with its existing suite of products to be distributed under the Utmost brand. This will be via a single combined gl...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Insurer

New CEOs for Zurich UK and global life protection

New CEOs for Zurich UK and global life protection

Drazen Jaksic and Tim Bailey appointed

Cameron Roberts
clock 11 December 2024 • 1 min read
Cirencester Friendly joins ICMIF

Cirencester Friendly joins ICMIF

Follows Labour's review of the mutual sector

Jaskeet Briah
clock 11 December 2024 • 2 min read
Utmost Group obtains approval to buy Lombard International

Utmost Group obtains approval to buy Lombard International

Enhancing client offering

Jaskeet Briah
clock 11 December 2024 • 1 min read