On 30 November 2016, Harcourt Life acquired the entire share capital of Altraplan Bermuda Limited from the OneLife Group.
Altraplan continues to be run on a stand-alone basis, to pursue the orderly run off of its business.
Altraplan is a life assurance company established in 1992 and regulated by the Bermuda Monetary Authority. Its portfolio consists predominantly of dedicated portfolios for Scandinavian investors with products including dedicated funds, unit-linked, endowment and annuity products.
Altraplan formally closed to new business in 2004 but continues to meet its contractual and regulatory obligations for existing policyholders.
BOARD OF DIRECTORS
|Paul Sikuku Nyongesa|
Altraplan Bermuda Limited is registered under the Segregated Account Companies Act 2000.