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Lombard's HNW Business Logs Rise In AuA

Tom Burroughes

27 March 2018

, the US/Europe-headquartered provider of wealth structuring solutions, has reported that assets under management for high net worth individuals rose 7.6 per cent year-on-year in 2017, reaching €41.2 billion ($51.3 billion). 

Total AuA rose to €74.3 billion, up 4.8 per cent, the firm said in a statement yesterday. New business premium written stood at €5.0 billion, a record for the firm, it said in a statement.

Lombard International Assurance, part of the group, recently spoke to this publication about challenges of rising regulation and cross-border complexities facing clients.