require

sufficient capital at all times to meet the regulatory solvency requirements. The Company’s Solvency Capital Requirement (“SCR”) is calculated using the Standard Formula set by the European Insurance and Occupational Pension Authority (“EIOPA... ...................................................................................................................... 41 B.2 Fit & Proper requirements .............................................................................................. 43 B.2 (a) Specific requirements

capital at all times to meet the regulatory solvency requirements. The Company’s Solvency Capital Requirement (“SCR”) is calculated using the Standard Formula set by the European Insurance and Occupational Pension Authority (“EIOPA”). The following table... ................................................................ 34 B.2. Fit & Proper requirements ....................................................................................................... 42 B.3. Risk management system including the own risk and solvency assessment .......................... 45

and reconciliation reserve (including retained earnings). The Capital Management Policy focuses on ensuring that there is sufficient capital at all times to meet the regulatory solvency requirements. The Company’s Solvency Capital Requirement (“SCR... body ........................................................................................................................ 41 B.2 Fit & Proper requirements

that there is sufficient capital at all times to meet the regulatory solvency requirements. The Company’s Solvency Capital Requirement (“SCR”) is calculated using the Standard Formula set by the European Insurance and Occupational Pension Authority... .................................................................................................... 31 B.1 General information on the system of governance ............................................................ 31 B.2 Fit & Proper requirements

, creating additional solvency capital requirements. The absolute Minimum Capital Requirement (“MCR”) of € 3.7m is therefore no longer the relevant measure for MAB. The minimum capital requirements are now € 57m. Further details of the Company’s Own... proper requirements ................................................................................................... 36 B.3 Risk management system including the own risk and solvency assessment .......................... 39 B.4 Internal Control