Utmost Wealth Solutions today launched its new product for residents and expatriates living in Singapore.
FOCUS (Singapore) is a regular savings proposition combining an investment-linked life assurance policy with a range of underlying investment funds designed to suit client needs.
Singapore is an important market for Utmost Wealth Solutions as it focuses on capturing the wealth trends in Asia and developing solutions to meet the sophisticated requirements of this client base.
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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.
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 Wealth Solutions today (23 September 2020) launched its new product for expatriates living in Portugal.
Apex (Portugal) is a new proposition for expatriates combining a life assurance policy with a range of investment options designed to suit their needs. With an increasing number of people choosing to move to Portugal and take advantage of the Non Habitual Residence regime and Golden Visa, the decision to launch a Portuguese compliant product to meet the demand from clients and advisers was essential. The product launch is an exciting development for our Group, key advisers and clients.
Utmost International, whose principal business lines are Utmost Wealth Solutions and Utmost Corporate Solutions, is pleased to announce that today Fitch Ratings (“Fitch”) has affirmed its credit ratings.
Fitch has affirmed Utmost International’s three main operating entities, Utmost PanEurope dac, Utmost Limited and Utmost Worldwide Limited, with Insurer Financial Strength (IFS) Ratings of “A” (Strong) with Stable Outlooks. At the same time, Fitch has affirmed Utmost International Group Holdings Ltd an Issuer Default Rating (IDR) of “BBB+” with a Stable Outlook.
Utmost International Group Holdings Limited (“Utmost International”), a leading international life assurance business, which provides international life assurance to affluent, high-net-worth and ultra-high-net-worth individuals through its Utmost Wealth Solutions (“UWS”) business, and employee benefit and savings solutions to multi-national corporates through its Utmost Corporate Solutions (“UCS”) business, has published its audited results for the year ended 31 December 2019.
Fitch Ratings has affirmed the three main operating entities of Utmost International (Utmost PanEurope dac, Utmost Limited and Utmost Worldwide Limited) at ‘A’ (Strong) Insurer Financial Strength (IFS) Ratings with Stable Outlooks.
Utmost International, whose principle business lines are Utmost Wealth Solutions and Utmost Corporate Solutions, is pleased to announce its inaugural credit ratings assigned by Fitch Ratings.
The Utmost Group of Companies (“Utmost”) is pleased to announce that it has completed the acquisition of Generali Worldwide Insurance Company Limited (“Generali Worldwide”) and Generali Link.