2023 SFCR Report
prudent management action had positive impact on the solvency ratio of the company but will temporarily reduce future financial earnings with tangible impact expected in 2024. Under Belgian norms, the financial year 2023 is positive with a strong bottom... Section D. Valuation for Solvency Purposes. Capital Management The structure of the Company’s Own Funds comprises of share capital and reconciliation reserve (including retained earnings). The Capital Management Policy focuses on ensuring that there is