Background One

Credit Strength

Fitch Ratings

Fitch Ratings has assigned Utmost Group plc an Issuer Default Rating (“IDR”) of ‘A-’with a Positive Outlook. The three rated operating entities of Utmost Group – Utmost International Isle of Man Limited, Utmost PanEurope dac and Utmost Worldwide Limited – have been assigned Insurer Financial Strength (IFS) Ratings of ‘A’ with Positive Outlooks.

Issuer Default Ratings represent an issuer’s relative vulnerability to default on financial obligations. Insurer Financial Strength Ratings are an assessment of the financial strength of an insurance organisation and reflect an insurer’s ability to pay obligations to policyholders.

Insurer Financial Strength Rating

EntityRating CategoryFitch RatingOutlook
Entity
Utmost PanEurope dac
Rating Category
IFS
Fitch Rating
A
Outlook
Positive
Entity
Utmost Worldwide Limited
Rating Category
IFS
Fitch Rating
A
Outlook
Positive
Entity
Utmost International Isle of Man Limited
Rating Category
IFS
Fitch Rating
A
Outlook
Positive

Issuer Default rating

EntityRating CategoryFitch RatingOutlook
Entity
Utmost Group plc
Rating Category
IDR
Fitch Rating
A-
Outlook
Positive