positive

gain is the positive difference between the paid-out capital and the total amount of premiums paid. For contracts entered into before January 1, 2026, the reserve as of December 31, 2025 (the “snapshot date”) serves as the reference value. In this case, the taxable capital gain is the positive difference between the paid-out capital and this reserve.

future. The insurance industry has the power to drive positive change, reduce climate change risks and foster social progress. This ESG briefing aims to present MAB's commitment to environmental, social responsibility and good governance, including... sustainability, social responsibility and responsible corporate governance. At MAB, we will continue to manage our products and services responsibly, manage ESG risks and collaborate with our stakeholders to create a long-term positive impact. We recognise

prudent management action had positive impact on the solvency ratio of the company but will temporarily reduce future financial earnings with tangible impact expected in 2024. Under Belgian norms, the financial year 2023 is positive with a strong bottom... staatsobligaties. Deze voorzichtige managementactie had een positieve impact op de solvabiliteitsratio van het bedrijf, maar zal de toekomstige financiële inkomsten tijdelijk verlagen met een tastbare impact die in 2024 wordt verwacht. Naar Belgische normen

perspective, the decrease of own funds was partly compensated by a reduction of market risk through the reduction of the private credit portfolio. Under Belgian norms, the financial year 2025 is positive with a small bottom-line result supported by

investeringsfondsen, met name Trade Finance en Private Credit, en investeringen in direct vastgoed verder afgebouwd. De actiefzijde van de balans vertoont ook een grote positie in herverzekeringsvorderingen (“reinsurance recoverables”). Dit zijn de vorderingen van

de balans vertoont ook een grote positie in herverzekeringsvorderingen (“reinsurance recoverables”). Dit zijn de vorderingen van de intra-groepsherverzekering. Verdere details over de waardering van de Onderneming voor solvabiliteitsdoeleinden