as at 29 Oct 2026
Insurance Asset News
Deals & M&A

Utmost completes ULP sale to JAB and plans £215m further shareholder return

By IAN Editorial Desk
News date: 28 October 2026Published 30 October 2026·2 min read
Primary source: utmostgroup.com

Utmost also plans to repay the rest of the bank debt it used to buy Lombard International.

Utmost Group, a global provider of insurance-based wealth solutions, announced on 28 October 2026 that it had completed the sale of Utmost Life and Pensions (ULP) to JAB Insurance. When Utmost first announced the deal on 22 December 2025, it said the sale covered the entire ULP business, which operated both a closed UK life and pensions book and a…

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