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2022 SFCR Report

the Belgian business. The main objective for establishing the service companies is to enable staff to be deployed across all activities and entities within the Monument Re Group whilst achieving economies of scale within the Belgian operations. The outsourcing enables the Company to make the best use of st Solvency and Financial Condition Report 31 December 2022 Page 12 of 93 Monument Group: PUBLIC resources and maximize operational efficiencies. Over 2022, MAB utilized the support of two