Altraplan Luxembourg, under its current structure, integrates a mix of portfolios brought in by different entities as a result of acquisitions made by NPG Wealth Management. More information below.

March 2007:

NPG Wealth Management acquires Winplan Assurance Luxembourg S.A. and Winplan Assurance Bermuda Limited.

Winplan Assurance Luxembourg was founded in 1966 and was the first Luxembourg life insurance company to offer unit-linked products on an international basis. Winplan Assurance Bermuda was founded in 1992 and specialises in wealth structuring through the use of insurance products linked to dedicated funds.

As part of the change in ownerships, the names of these companies are changed to Altraplan Luxembourg S.A. and Altraplan Bermuda Limited.

January 2009:

NPG Wealth Management acquires the portfolio of Lex Life & Pension and transfers the entire portfolio of policies to Altraplan Luxembourg.

Lex Life & Pension is a Luxembourg based life assurance company that offers tax efficient solutions to high net worth individuals and expatriates throughout Europe.

February 2010:

Altraplan Luxembourg merges with Commercial Union International Life, another company of the NPG Wealth Management group. As a result of the merger, the company is absorbed by Commercial Union International Life but it is decided to keep the name Altraplan Luxembourg for the new entity.

Commercial Union International Life was established in Luxembourg in 1996. It becomes part of NPG Wealth Management in 2008, along with its Swedish distribution company NPG Life & Pension Sweden . Scandinavia is the main market focus of the company which bases its business on whole-of-life unit-linked insurance contracts including a range of private and corporate pension plans.

Altraplan Luxembourg offers today products across a number of European countries including in its range both bundled products (with a variety of whole-of-life unit-linked insurance contracts as well as private and corporate pension plans) as well as unbundled products (products linked to dedicated portfolios and aimed at high net worth individuals).