insurance

A 10% tax applies to capital gains realized upon surrender or maturity of certain life insurance policies. More specifically, the following policies are affected: Branch 21 savings insurance: for which the eight-year term has expired with death benefit coverage of at least 130% of the premiums paid Branch 23 investment insurance policies Investment insurance policies combining Branch 21 and Branch 23, also known as Branch 44. If a Branch 21 or 26 policy (capitalization transaction) is subject

Whenever you request a cash surrender, the insurance company will send you a settlement form on which you can indicate your choice.This choice is valid for the entire tax year. Any revocation will take effect only for the following year.

There are two ways to collect capital gains tax. The standard method is withholding tax (opt-in). The standard method provided for by law is withholding at source. This means that the insurance company automatically withholds the tax when the lump...). If you choose this option, you must report the capital gains received on your tax return. In this case, you must notify your insurance company, which will not withhold the tax when the principal is paid out. For both options, the insurance company

When a life insurance policy is subject to capital gains tax, the tax is due as soon as a capital gain is realized upon surrender or upon the payment of the death benefit at the end of the policy term.If the policy is paid out following the death of the insured, the beneficiaries under the death benefit clause do not have to pay any capital gains tax on the realized gains. It goes without saying, however, that inheritance tax may still be due in accordance with applicable law.

customer service remain a priority; ▪ Provide soluoti ns for asset intensive life insurance portfolios through reinsurance or acquisition in the European market; ▪ Continue to seek opportunities to grow the Company through acquiring insurance...Monument Assurance Belgium (“MAB”) Information on ESG Monument Group: PUBLIC ▪ Introduction As the world faces increasing environmental, social and governance (ESG) challenges, the role of insurance companies has become essential. ESG principles

Delegated Regulation (EU) 2015/35 (“Delegated Regulation”) and Articles 95 and 96 of the Law of 13 March 2016 on the statute and supervision of insurance or reinsurance undertakings (“Solvency II Law”). This report quotes all nominal amounts in thousands... remain a priority; ▪ Support Monument Re Group’s strategy, which is to provide solutions for asset intensive life insurance portfolios through reinsurance or acquisition in the European market; ▪ Continue to seek opportunities to grow the Company

the Law of 13 March 2016 on the statute and supervision of insurance or reinsurance undertakings (“Solvency II Law”). This report quotes all nominal amounts in thousands of euro (€ ’000), unless otherwise stated, as per Article 2 of ITS 2015/2452... policies, whilst ensuring that high quality operations and customer service remain a priority; ▪ Support Monument Re Group’s strategy, which is to provide solutions for asset intensive life insurance portfolios through reinsurance or acquisition in

supervision of insurance or reinsurance undertakings (“Solvency II Law”). This report quotes all nominal amounts in thousands of euro (€ ’000), unless otherwise stated, as per Article 2 of ITS 2015/2452. Business Information Monument Re Ltd (“Monument Re... through reinsurance or acquisition in the European market; ▪ Continue to seek opportunities to grow the Company through acquiring insurance portfolios, primarily those in run-off, and targeting annuity, guaranteed savings or protection product lines

Regulation”) and Articles 95 and 96 of the Law of 13 March 2016 on the statute and supervision of insurance or reinsurance undertakings (“Solvency II Law”). This report quotes all nominal amounts in thousands of euro (€ ’000), unless otherwise stated...; ▪ Support Monument Re Group’s strategy, which is to provide solutions for asset intensive life insurance portfolios through reinsurance or acquisition in the European market; ▪ Continue to seek opportunities to grow the Company through acquiring insurance

-insurance or reinsurance purposes. • Law enforcement and other government agencies. We may share your personal data with law enforcement and/or other government agencies to comply with the law or legal requirements, to enforce or apply our terms and... personal data. 2 2 SOURCES OF PERSONAL DATA COLLECTION We collect personal data about you from a number of sources, including directly from you, through business acquisitions and in the course of administering the insurance policy, from third

public disclosure requirements of Articles 290 to 303 of the Commission Delegated Regulation (EU) 2015/35 (“Delegated Regulation”) and Articles 95 and 96 of the Law of 13 March 2016 on the statute and supervision of insurance or reinsurance... is to provide solutions for asset intensive life insurance portfolios through reinsurance or acquisition in the European market; ▪ Continue to seek opportunities to grow the Company through acquiring insurance portfolios, primarily those in run-off

7:96, 7:115 and 7:117 of the Belgian Companies and Associations Code of 23 March 2019; • Article 80/1 of the Belgian Law of 13 March 2016 on the legal status and supervision of insurance or reinsurance companies; • NBB Circular NBB_2016_31 of 5 May 2020 on the NBB’s prudential expectations concerning the governance system in the insurance and reinsurance sector; • Articles 283 and 288 of the Belgian Insurance Law of 4 April 2014, which includes the transposition of Directive (EU) 2016/97 (the