M&A Deal Summary

JAB Insurance Acquires Utmost Group’s Life and Pensions Business

On December 22, 2025, JAB Insurance acquired insurance company Utmost Group’s Life and Pensions Business from Utmost Group

Acquisition Highlights
  • This is JAB Insurance’s 1st transaction in the Insurance sector.
  • This is JAB Insurance’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2025-12-22
Target Utmost Group’s Life and Pensions Business
Sector Insurance
Buyer(s) JAB Insurance
Sellers(s) Utmost Group
Deal Type Divestiture

Target

Utmost Group’s Life and Pensions Business

London, United Kingdom
Utmost Group’s Life and Pensions Business is focused on providing solutions in the UK Bulk Purchase Annuity (“BPA”) market and servicing its existing policies.

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Buyer(S) 1

Buyer

JAB Insurance

Miami, Florida, United States

Category Company
Sector Insurance
DESCRIPTION

JAB Insurance is the global insurance business that operates Prosperity Life Group and Family Life, a Texas-domiciled life insurance company with licenses in 49 states. The company has over $25 billion in general account assets and one million clients in the U.S. insurance market, with a clear strategy to build a leading global life insurance platform. JAB Insurance is headquartered in Miami, Florida.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2025 M&A 1 of 1

Seller(S) 1

SELLER

Utmost Group

London, United Kingdom

Category Company
Sector Business Services
DESCRIPTION

Utmost Group provides insurance and savings solutions in the UK and internationally. It provides modern, flexible solutions that assist its clients in securing their financial futures. The core businesses of Utmost are Utmost International and Utmost Life and Pensions. Utmost Group is based in London.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2025 M&A 1 of 1