Utmost Wealth Solutions, part of Utmost International, the leading provider of insurance-based wealth solutions, today announces the launch of its market-leading Private Wealth Portfolio product for the HNW and UHNW markets in France.
At this time all our thoughts and prayers are with the people of Ukraine. In respect of Utmost International, less than 1% of our over 210,000 customers are either Russian nationals or residents. These customers account for less than 0.5% of our over £55bn of client assets.
Utmost Group plc, a leading provider of insurance and savings solutions, announces that it is a signatory of the United Nations-supported Principles for Responsible Investment (“PRI”). This demonstrates the Group’s commitment to including sustainability factors in its investment decisions and ownership.
Utmost Group is pleased to announce that Fitch Ratings has rated Quilter International Isle of Man Limited and Quilter International Ireland dac at Insurer Financial Strength (IFS) ratings of ‘A’ (Strong) with Stable Outlooks.
The new product launch heralds the entrance of Utmost Wealth Solutions into the French market which is an exciting development for the Group.
Utmost Group is pleased to announce that it has achieved a net zero carbon status in its operations. Net zero carbon is where the carbon emissions caused by our organisation are balanced out by funding an equivalent amount of carbon savings elsewhere in the world.
Utmost Group is pleased to announce that it has become an accredited Living Wage Employer in the UK. Our Living Wage commitment is confirmation that all UK employees at the Utmost Group earn at least the real Living Wage. This commitment applies not only to directly employed staff but also to our third party contracted staff.
We are proud to announce that Utmost Limited have recently become an Isle of Man UNESCO BIOSPHERE PARTNER! After successfully completing the application process, outlining our sustainability and community initiatives and our commitments and ambitions going forward, Utmost Limited has joined the list of Island businesses committed to helping maintain our Island’s unique landscape, culture and heritage.
Utmost Group is pleased to announce that Fitch Ratings has affirmed Utmost PanEurope dac, Utmost Limited and Utmost Worldwide Limited at Insurer Financial Strength (IFS) Ratings of ‘A’ (Strong). Fitch has also affirmed Utmost Group plc’s Issuer Default Rating (IDR) of ‘BBB+’. The outlooks are stable.
Further to the Utmost Group announcement on 1 April 2021 that the Group has entered into an agreement to acquire Quilter International (the “Transaction”), the Group is pleased to announce that the European Commission has approved, under the EU Merger Regulation, the Transaction.