that

This 10% capital gains tax applies to natural persons with a tax residence in Belgium and non-profit associations and foundations with the exception of those that are being recognised as tax deductible for gifts. Natural persons with a tax residence outside Belgium and legal entities (such as companies that are subject to corporate income tax) are exempt from capital gains tax.

Cookies are small files that websites place on your computer's hard drive when you first visit them. The cookie contains a unique code that enables your browser to be recognised during your visit to the website ("session cookie") or during future repeated... information on your computer or mobile device. Cookies are stored on your computer or mobile device in your browser's directory. The content of a cookie generally consists of the name of the server that placed the cookie, an expiry date and a unique

Cookies are small files that websites place on your computer's hard drive when you first visit them. The cookie contains a unique code that enables your browser to be recognised during your visit to the website ("session cookie") or during future repeated... information on your computer or mobile device. Cookies are stored on your computer or mobile device in your browser's directory. The content of a cookie generally consists of the name of the server that placed the cookie, an expiry date and a unique

......................................................................................21 Monument Group: INTERNAL 3 Introduction 1.1 Context 1.1.1 We expect our business activities to be conducted honestly, with integrity, and in good faith. We also expect that any interaction with our customers... undertakings sets out minimum statutory requirements on how insurance companies should organise the governance of their institutions. It stipulates, among other things, that the objectives of such companies regarding the management of conflicts of

When a life insurance policy is subject to capital gains tax, the tax is due as soon as a capital gain is realized upon surrender or upon the payment of the death benefit at the end of the policy term.If the policy is paid out following the death of the insured, the beneficiaries under the death benefit clause do not have to pay any capital gains tax on the realized gains. It goes without saying, however, that inheritance tax may still be due in accordance with applicable law.

The capital gains tax rate is 10%. Capital gains tax applies only to capital gains realized on or after January 1, 2026. Capital gains accrued before that date are exempt. For contracts entered into on or after January 1, 2026, the taxable capital 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

There are two ways to collect capital gains tax. The standard method is withholding tax (opt-in). The standard method provided for by law is withholding at source. This means that the insurance company automatically withholds the tax when the lump-sum payment is made and remits it to the tax authorities. You can include these capital gains on your tax return to take advantage of the annual exemption and to deduct any capital losses. With the other method, there is no withholding tax (opt-out

target business partners, suppliers of goods and services, and candidate shareholders and their employees. This notice is published by Monument Assurance Belgium. When we mention "Monument", "we", "us" or "our", we are referring to the company that processes your personal data and the third parties that do so on its behalf. For the purposes of this notice, personal data includes any information relating to a natural person who can be identified, directly or indirectly, on the basis of data or

encompass a wide range of factors that go beyond financial considerations, with a focus on environmental sustainability, social impact and strong corporate governance : ▪ Environmental responsibility: Climate change and environmental degradation pose... leading consolidator of life insurance and pension portfolios in Belgium. The business strategy of the Company is to: ▪ Focus on the administration of the existing in -force closed book of policies, whilst ensuring that high quality operations and

policies, whilst ensuring that high quality operations and customer service remain a priority; ▪ Support Monument Re Group’s strategy, which is to provide solutions for asset intensive life insurance portfolios through reinsurance or acquisition in... risks that can be reinsured to Monument Re, whilst retaining a proportion of the risk. This helps to drive risk diversification and capital and liquidity synergies at the group level. The ownership structure of MAB and MIES is set out in the chart below

the existing in-force closed book of policies, whilst ensuring that high quality operations and customer service remain a priority; ▪ Support Monument Re Group’s strategy, which is to provide solutions for asset intensive life insurance portfolios... manage capital and liquidity, the Company makes use of intra-group reinsurance (“IGR”) to cede risks that can be reinsured to Monument Re, whilst retaining a proportion of the risk. This helps to drive risk diversification and capital and liquidity

services to the Irish Monument entity. The business strategy of the Company is to: ▪ Focus on the administration of the existing in-force closed book of policies, whilst ensuring that high quality operations and customer service remain a priority... support of Monument Re Group’s intention to efficiently manage capital and liquidity, the Company makes use of intra-group reinsurance (“IGR”) to cede risks that can be reinsured to Monument Re, whilst retaining a proportion of the risk. This helps to

, following the merger. The services continue through MIES. The business strategy of the Company is to: ▪ Focus on the administration of the existing in-force closed book of policies, whilst ensuring that high quality operations and customer service... continues to actively appraise opportunities for further growth in the Belgian market. In that light, the Company has concluded on 6 January 2023 a portfolio transfer agreement with a Belgian insurance company. This agreement covers a closed book

business strategy of the Company is to: ▪ Focus on the administration of the existing in-force closed book of policies, whilst ensuring that high quality operations and customer service remain a priority; ▪ To support Monument Re Group’s strategy, which... growth in the Belgian market. In support of Monument Re Group’s intention to efficiently manage capital and liquidity, the Company makes use of intra-group reinsurance (“IGR”) to cede risks that can be reinsured to Monument Re, whilst retaining