supported

the accomplishment of the corporate object, excluding those reserved by law or statutes to the general meeting. The Board of Directors is supported by an Audit Committee and a Risk &Compliance Committee. The day-to-day management of the company is

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

result was supported by revenues generation from gains realization on alternative investments which were partly compensated by impairments on non-performing loans. MAB has operated in 2024 a re-risking of its investment portfolio with a replacement of

-line result supported by release of deferred income provision and gains realisation on divested corporate bonds. The Company’s results for the period are shown below in Section A. Business and Performance. The business reported an underwriting gain

. ▪ The Management Committee is supported by the extended MC and Management team. The day-to-day management of the business delegated to the Management Committee (the “MC”). All independent control functions have, aside from the actuarial function

Monument Assurance Belgium Solvency and Financial Condition Report st at 31 December 2021 30 March 2022 Monument Group: PUBLIC Table of Contents Samenvatting............................................................................................................................. 4 Executive Summary .................................................................................................................. 11 A. Business and Performance ...................................................