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Lombard International to be acquired by insurance group

Insurance provider Utmost Group has entered into an agreement to acquire Lombard International Assurance Holdings Sarl, the former said in a statement on Thursday. Subject to regulatory and other approvals, the acquisition will merge wealth solutions provider Lombard International and Utmost International, the insurance-based wealth solutions arm of Utmost Group. The expected completion date is end-2024. Utmost, which has a…

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