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

HSBC Life launches adviser support team

HSBC Life launches adviser support team

Reduction in average claim turnaround times

Jaskeet Briah
clock 26 June 2025 • 2 min read
The Exeter sees 20.9% increase in gross premium income

The Exeter sees 20.9% increase in gross premium income

2025 AGM

Cameron Roberts
clock 26 June 2025 • 1 min read
Chief change officer appointed at Shepherds Friendly

Chief change officer appointed at Shepherds Friendly

Michael Williams takes the role

Cameron Roberts
clock 25 June 2025 • 1 min read