2025 SFCR Report
from the rising interest rate environment. As such downward pressure on transaction price remains important with negative impact on transaction volumes and value reductions in accounting. The liability portfolio performed overall in line with.... This evolution is in accordance with MAB’s desire to move to the target asset allocation, which will continue in 2026. On the liability side, the technical provisions were marked by the successful migration of the Contassur portfolio. We also note that