corporate

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... environment and encompass social factors such as human rights, labour standards and community development. ▪ Good corporate governance: The third pillar of the ESG focuses on corporate governance, which encompasses transparency, accountability and

expectations. Although pressure remains high on corporate business, the collective surrender phenomenon, observed in the post Integrale acquisition, or collective reduction phenomenon, due to rising interest rates, was limited and concentrated on a few names... new Transparency Law within the corporate insurance business. 16 System of Governance The Company has established a system of governance appropriate to the Company’s business strategy and operations. There is clear delegation of responsibilities

during the first semester of the year. In a context where the solvency ratio of Monument Re reduced near its target operating level, MAB has decided to partly de-risk its investment portfolio through a replacement of corporate bonds into govies. This...-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

. • Companies involved in a corporate transaction with us. If we acquire insurance portfolios or other companies, or sell some or all of our assets, merge with or are acquired by another entity, or otherwise restructure our business, including through... contractual clauses, and other legally binding safeguards, including binding corporate rules under applicable data protection laws and regulations. A copy of the relevant mechanism and information on the safeguards we have in place can be made available

Corporate Officer. ▪ Het Management Committee wordt ondersteund door het Extended MC en Management team. De dagelijkse leiding van de onderneming gedelegeerd aan het Directiecomité (het “Management Committee” of "MC"). Alle onafhankelijke... portfolio), Monument has experienced higher collective transfer and reduction phenomenon than expected. Corporate customer behaviour is driven by the absence of profit sharing at Integrale during the last two-years and the need for MAB to be trusted

government bonds towards corporate bonds. This operation will enhance future recurring earnings and offset the opposite operation that occurred end of 2023. The toneless real-estate market in Belgium since the recovery of interest rate in 2022... note that in Q2 2024 a rebalancing exercise was performed moving government bonds into corporate bonds in order to realize additional returns. In addition, throughout the year, exposures in ICAV decreased through disposals of units in Trade Finance

. Valuation for Solvency Purposes The Company’s balance sheet has significantly increased in terms of assets classes presented following the recent acquisitions. The majority of assets comprises mainly of corporate and government bonds, collective investment... Life Capital Belgium NV (“AALCB”) on 28 March 2018, at which time the Company was renamed Monument Assurance Belgium NV (“MAB”). MAB is a life insurance company incorporated in Belgium under registered number 0478.291.162 and is licensed by the National

and other third parties is in accordance with ethical principles and we do not abuse our position to seek to gain unfair or unethical advantage. 1.1.2 The National Bank of Belgium’s (“NBB”) overarching Corporate Governance Circular for insurance... of MAB include those of its relevant persons. 1.5 Legal and Regulatory Framework 1.5.1 The legal and regulatory framework for this Policy incorporates, among others, the following: • Article 258, §5 of the EU Delegated Regulation 2015/35; • Articles