Lombard International, a provider of wealth structuring solutions, has reported a business premium income of $3.9bn in Europe for the full year of 2015, up 13% compared to 2014 at constant FX rate.
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The group’s assets under administration (AuA) in Europe reached $33.2bn as of 31 December 2015.
This growth represents an increase of $3.6bn or 12% at constant FX rate compared to 31 December 2015.
In the US, the group posted business premium income of $766m, a 66% increase compared to the year ago period.
The firm said that its assets under administration (AuA) in the US stood at $5.3bn as of 31 December 2015; an increase of 10% from $4.8bn compared to 2014.
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By GlobalDataAdditionally, Lombard International Administration Services AuA was $38.4bn at the end of 2015, up 1% from $37.9bn a year ago.
Lombard International executive chairman John Hillman said: "In 2015, Lombard International put a significant stake in the ground as a leader in providing best-in-class, holistic wealth planning solutions for high-net-worth individuals and institutions across the globe.
"We are already pushing forward with our expansion strategy into Asia and have launched an innovative dual compliant solution to meet the needs of our international clients."
