Reinsurance News
Lombard International Group
Utmost Group to acquire Lombard International Assurance Holdings
4th July 2024
Utmost Group plc has agreed to acquire Lombard International Assurance Holdings Sarl, subject to regulatory approvals. The acquisition, expected to be completed by the end of 2024, encompasses Lombard’s European business, as Lombard International will become a part of Utmost International, the international life assurance business of Utmost Group. This acquisition ... Read the full article
Lombard International rebrands to Axcelus Financial following BroadRiver acquisition
23rd January 2024
Lombard International US & Bermuda has announced that it is rebranding to Axcelus Financial after getting acquired by an affiliate of specialised asset management firm BroadRiver Asset Management, L.P. The firm explained that as it embarks on a new chapter as Axcelus Financial, it will "continue to be a leader" in ... Read the full article
Lombard US/BDA appoints Chairman of the Board and CEO post BroadRiver acquisition
4th December 2023
Lombard US/BDA, the US and Bermuda business has appointed Hon. Tom Considine as Chairman of the Board and Michael Farrell as Chief Executive Officer. The appointment followed the recent acquisition of the specialist life and annuity focused re/insurer by an affiliate of BroadRiver Asset Management, L.P. from Lombard International Group. Lombard ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
