2021 SFCR Report
-force life insurance portfolios. This strategy is focused on closed books. Consistent with this strategy: ▪ On 31 May 2019, MAB effected the transfer of a portfolio of long-term savings and credit life insurance from Alpha Insurance SA, a Belgian composite insurance company and a wholly-owned subsidiary of Enstar Group Limited, (the “Alpha Portfolio”, or “Alpha”) (c. 30,025 policies as at 31 December 2021). ▪ On 16 December 2019, MAB effected the transfer of a portfolio of non-Curanova long term