The Luxembourg market for wealth management life insurance has reached a new milestone: Lombard International has become Utmost Luxembourg, thereby completing its integration into Utmost Wealth Solutions, the group’s international life insurance division.
This transaction, following the acquisition finalized in December 2024, creates a leading player in the field of wealth management insurance solutions, with €124.9 billion in assets under administration and nearly 200,000 clients worldwide.
Based in Luxembourg and led by Jurgen Vanhoenacker, Utmost Luxembourg is now establishing itself as a strategic pillar of the group in Europe, alongside Ireland. This integration strengthens the group’s operational consistency while reinforcing the Grand Duchy’s role as a central hub for international life insurance, recognized for its regulatory stability and expertise in cross-border wealth structuring.
“This integration and rebrand marks a pivotal moment for our wealth solutions business. By bringing Lombard’s deep expertise and strong client relationships into the Utmost Group, we have significantly enhanced our scale, value proposition, and ability to serve clients across Europe,”
explains Paul Thompson, CEO of Utmost Group.
Lombard International, founded in 1991, has long been a leading player in Luxembourg’s unit-linked life insurance market, offering investors the opportunity to allocate their premiums across a wide selection of investment funds. Its integration into Utmost Group marks the continuation of this expertise, now under a single, global brand.
“We are now the market leader in this sector, and we will continue to leverage our expanded geographic footprint, bespoke client offering, and local market knowledge as we capitalize on the significant opportunities we see across our international markets,”
says Jurgen Vanhoenacker, CEO of Utmost Luxembourg.
Beyond the name change, this transition illustrates the rise of an international group focused on growth, innovation, and quality customer service, serving investors and high-net-worth families worldwide.
Read the official announcement: PDF
