Anant Bhalla, government chairman of JAB Insurance coverage, mentioned the acquisition matches JAB’s technique of deploying everlasting capital in enticing insurance coverage markets and backing differentiated steadiness‑sheet capabilities. “We look ahead to welcoming the Utmost Life & Pensions enterprise and all its policyholders into the JAB Insurance coverage household,” he mentioned, including JAB intends to “absolutely help the management crew to make sure a seamless course of via deal completion and past, and to make ULP a major answer for lengthy‑time period monetary safety for UK policyholders.”
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