Utmost Group plc (“Utmost Group”) confirms receipt of all regulatory approvals required for the Completion of the acquisition, with Completion scheduled for 30 November 2021.
Utmost Group has announced a strong set of H1 2021 results with good progress across the Group’s KPIs. The Group has written record new business of £1.3bn, assets under administration have grown to £38.1bn and operating profit was £65m for the first half of the year.
Following the announcement that Utmost Group plans to acquire Quilter International, Fitch Ratings has affirmed Utmost PanEurope dac, Utmost Limited and Utmost Worldwide Limited at Insurer Financial Strength (IFS) Ratings at ‘A’ (Strong). Fitch has also affirmed Utmost Group Limited’s Issuer Default Rating (IDR) of ‘BBB+’. The Outlooks are Stable. The ratings reflect Fitch’s expectation […]
Utmost Group has entered into an agreement to acquire Quilter International (“the Transaction”), subject to regulatory and other approvals. Under the terms of the Transaction, Quilter will receive approximately £483m in cash assuming completion on 31 December 2021. Quilter International will become a part of Utmost International, the international life assurance business of Utmost Group.
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 International is pleased to announce the appointment of Cherie Tan to its global Wealth Solutions team. On completion of regulatory requirements and approvals, Cherie will be appointed as the Chief Executive Officer of Utmost International’s Singapore Branch and Head of Sales in Asia.
Cherie will focus on the high-net-worth Asian market where she will be supporting the development of tailored wealth solutions for this important segment. Utmost International is focused on capturing the wealth trends in Asia and developing solutions to meet the sophisticated requirements of this client group.
Utmost International Group Holdings Ltd. (“Utmost International”) is pleased to announce that the merger of its three Irish life assurance companies completed on 31 October 2019. The Irish High Court had approved the merger scheme on 16 October 2019.
Utmost International, a leading provider of international bonds and group risk solutions, has announced its audited results for the year ending 31 December 2018.
Life Company Consolidation Group (“LCCG”) is excited to announce our rebrand and name change to the Utmost Group of Companies.