Anant Bhalla, govt chairman of JAB Insurance coverage, stated the acquisition suits JAB’s technique of deploying everlasting capital in engaging insurance coverage markets and backing differentiated stability‑sheet capabilities. “We look ahead to welcoming the Utmost Life & Pensions enterprise and all its policyholders into the JAB Insurance coverage household,” he stated, including JAB intends to “totally help the management staff 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.”
