in assets under administration (approx.)
3 business lines:
Utmost Wealth Solutions
Utmost Corporate Solutions
Utmost Life and Pensions
Utmost Group is pleased to announce the launch of our newly designed Utmost International website (www.utmostinternational.com) which provides clients and partners with a single source of information about the Utmost International business lines; Utmost Wealth Solutions and Utmost Corporate Solutions. The Utmost International website replaces the three existing websites of Utmost Limited, Utmost PanEurope and Utmost Worldwide and provides a comprehensive overview of the Utmost International business.
Utmost Group Limited is pleased to announce that today Fitch Ratings (“Fitch”) has announced its inaugural Issuer Default Rating (IDR). Utmost Group Limited is the new UK holding company of the Utmost Group, whose principal business lines are Utmost International and Utmost Life and Pensions.
Fitch has assigned Utmost Group Limited an IDR of “BBB+” with a Stable Outlook. This replaces Utmost International Group Holdings Ltd’s IDR of “BBB+” which will be retired from today.
Today, Utmost International announced its H1 2020 results. The business has announced a strong set of H1 2020 results proving its resilience to a challenging economic environment. Solvency II Economic Value is stable at £1.0bn, Assets Under Administration are £28.8bn and new business sales are robust in spite of the disruptions to the business’s core markets.