Frequently asked questions
Where is Lombard based?
Lombard International Assurance S.A. is based in Luxembourg, where it ranks as the cross-border leading life assurance company. There is a branch office in Zurich and an office in Geneva, offering Lombard’s solutions to the international clients of Swiss financial institutions.
What is the ownership & management structure of Lombard?
What supervision is exercised by the Commissariat aux Assurances (CAA)?
Insurance companies incorporated in Luxembourg fall under the supervision of, and must be fully authorised by, the Commissariat aux Assurances (CAA), the official supervisory body for the insurance sector within Luxembourg. The CAA comes under the direct responsibility of the Ministry of Finance.
The CAA supervises the implementation of the tripartite agreement, the Triangle of Security, which under Luxembourg law, provides maximum protection to life insurance policyholders. The cornerstone of this investor protection regime is the legal requirement that all clients' assets must be held by an independent custodian bank approved by the Luxembourg state regulator.
This regime ensures the legal separation of clients' assets from the insurance company's shareholders and creditors. Furthermore, the custodian bank is required to "ring-fence" clients' assets and is bound by the regulator's legal powers to protect the assets on behalf of policyholders.
In a few words, what is Privatbancassurance?
Our business is privatbancassurance - a concept which combines private banking and investment management services with the sophisticated use of life assurance as a financial planning structure to achieve fiscal advantages and security for wealthy investors and their families. How can I remain informed about Lombard?
We regularly publish press releases and media reports in our News section. Should you wish to remain informed of all new publications on our website, please subscribe to our news updates using the email registration facility available on each page in the News section. How can I contact Lombard?
Where can I find Lombard’s latest annual results?
How many people work at Lombard?
In 1991, Lombard started with 5 staff members. Today over 400 employees work in the Grand Duchy head office with marketing consultants spread across 10 markets. |
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