2025 SFCR Report
went up from c.1.5% to over 4% in December 2024 and landed eventually around 2% in December 2025. On Real Estate, although quoted market being relatively stable over the period, one must note that the Belgian real-estate market continued to suffer... execution of its strategy, the Company completed the acquisition of a new corporate business portfolio in 2024-2025, i.e. the Contassur Portfolio. Given the relatively limited size of the portfolio, there was no additional capital injection required to