savings

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... to withholding tax on interest income, no capital gains tax will apply. This capital gains tax does not apply to second- and third-pillar insurance contracts (group insurance, individual pension commitments, CPTI, PLCI, pension savings insurance, and

portfolios, primarily those in run-off, and targeting annuity, guaranteed savings or protection product lines; and ▪ Drive risk diversification and create capital synergies in line with the Monument Group strategy. We position ourselves as a trusted long-term... investments. The responsibility for investment decisions depends on the nature of the insurance product: - For traditional not-for-profit savings and insurance activities, asset management is generally outsourced to external asset managers. These asset

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; and ▪ Drive risk diversification and... portfolios. The focus includes two principal areas, namely: ▪ Acquisition of portfolios or insurers, primarily those in run-off and targeting mainly annuity, guaranteed savings or linked products; and ▪ Reinsurance of long-dated, asset intensive liabilities

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... operate these businesses or portfolios. The focus includes two principal areas, namely: ▪ Acquisition of portfolios or insurers, primarily those in run-off and targeting mainly annuity, guaranteed savings or linked products; and ▪ Reinsurance of

portfolios, primarily those in run-off, and targeting annuity, guaranteed savings or protection product lines; and ▪ Drive risk diversification and create capital synergies in line with the Monument Group strategy. Through a strategy of reinsurance..., primarily those in run-off and targeting mainly annuity, guaranteed savings or linked products; and ▪ Reinsurance of long-dated, asset intensive liabilities, typically with guarantees. Thus, the Company is actively seeking to grow through acquisition of in

through acquiring insurance portfolios, primarily those in run-off, and targeting annuity, guaranteed savings or protection product lines; and ▪ Drive risk diversification and create capital synergies in line with the Monument Group strategy. Thus, the... the transfer of a portfolio of long-term savings and credit life insurance from Alpha Insurance SA, a Belgian composite insurance company and a wholly-owned subsidiary of Enstar Group Limited, (the “Alpha Portfolio”, or “Alpha”) (27,309 policies as

pension life insurance contracts that have not been converted into “Curanova” contracts. The NCN Portfolio is a book of traditional savings business sold to Belgian customers. The portfolio consists of the following Second Pillar pension saving..., and targeting annuity, guaranteed savings or protection product lines; and, ▪ Drive risk diversification and create capital synergies in line with the Monument Group strategy. Thus, the Company is actively seeking to grow through acquisition of in