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2025 SFCR Report

in accordance with MAB’s desire to move to the target asset allocation which will continue in 2026. The economic own funds of MAB decreased over the period 2024-2025 from €386,4m to € 338,6m. The main drivers for reduction in eligible own funds are.... This evolution is in accordance with MAB’s desire to move to the target asset allocation, which will continue in 2026. On the liability side, the technical provisions were marked by the successful migration of the Contassur portfolio. We also note that