Source - LSE Non-Regulatory
RNS Number : 6570R
Utmost Group
31 December 2024
 

31 December 2024

Utmost Group completes its acquisition of Lombard International

Utmost Group plc ("Utmost Group" or "the Group") today announces that it has completed its acquisition of Lombard International Assurance Holdings Sarl, announced in June 2024.

For further information on the acquisition, please read our regulatory approvals press release issued on 11 December 2024.

For further information, please contact:

Utmost Group plc

Utmost Group Press

Tel: +44 (0)203 861 4343 / Email: press@utmostgroup.com

 

Temple Bar Advisory

Alex Child-Villiers / Sam Livingstone / Alistair de Kare-Silver

Tel: +44 (0)20 7183 1190 / Email: utmost@templebaradvisory.com

 

About Utmost Group plc

Utmost Group plc is a leading provider of insurance and savings solutions. Its principal businesses are Utmost International and Utmost Life and Pensions, which together are responsible for £109bn of primarily unit-linked policyholder assets for over 500,000 policyholders, on a proforma basis at HY 2024 following the acquisition of Lombard International Assurance Holdings Sarl. Utmost Group plc is subject to group supervision by the PRA.

About Utmost International

Utmost International is a leading provider of insurance-based wealth solutions. Utmost International operates across the UK, Europe, Latin America, Asia and the Middle East. Its solutions are largely based on unit-linked insurance policies. On a proforma basis at HY 2024 following the acquisition of Lombard International Assurance Holdings Sarl, Utmost International would have managed £103bn of assets under administration on behalf of approximately 210,000 policyholders.

 

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