Lombard International Group announced that it has delivered a “robust financial performance” during its financial results for 2022.
The group, which specialises in insurance-based wealth, estate and succession planning for high net worth individuals, families and institutions reported €4.6bn (£4.1bn, $5bn) of new business premium in Europe – its second-best results on record.
European assets under administration came in at €46.3bn, as at 31 December 2022.
Lombard attributed performance to “noteworthy contributions” from a number of core markets, including France, Italy, Sweden, Portugal and the UK.
Stuart Parkinson, group chief executive of Lombard International Group, said: “The company continues to build excellent momentum and presence in its sector. Crucially, our strong new business performance further highlights the success and importance of our long-term strategy.
“By continuing to invest in building a sustainable business while also forging strong partnerships that support our current and future clients across the geographies we serve, the business is primed for continued growth.
“In 2023, we remain focused on continuing to develop and grow our business. We will also continue to invest in upgrading our processes and systems, enhancing our digital infrastructure and related offerings. In a challenging macro-economic environment, partners and clients will continue to look for efficient wealth and succession planning solutions; and we will be there to support them.”
