Utmost Life and Pensions is headquartered in Aylesbury, Buckinghamshire
Utmost Life and Pensions is set to focus on enhancing its client proposition in the bulk-purchase annuity (BPA) sector after completing four buy-ins since the start of the year.
The insurer – part of Utmost Group, which announced its half-year results today (10 September) – announced its entry into the BPA market last November.
Utmost Group chief executive Paul Thompson said he was "proud" of the group's performance in the first half of 2025, which he said had been a "period of strategic momentum" for its business.
Thompson highlighted the firm's progress in the BPA sector – saying that, in the period from January to 9 July, it had completed four buy-ins totalling £177m in premiums.
He said: "Utmost Life and Pensions has made good progress establishing itself in the BPA sector, with the completion of four full scheme buy-ins, reflecting the strength of our proposition in a competitive market."
Thompson said, looking ahead, the firm was focused on enhancing its client proposition in the BPA sector as well as deepening its presence in the HNW and UHNW segments and driving "sustainable, margin-accretive growth".
In February, Utmost Life and Pensions appointed Schroders as manager for nearly £400m of annuity book assets – a deal that included the assets from the insurer's two BPA deals in the final quarter of 2024.
