2023 SFCR Report
administration of this book in 2023 until the successful sequenced migration of the AXA portfolio finalised in January 2024. ▪ On 30 June 2023, MAB carried out the transfer of a portfolio of classic individual branch 21 life insurance policies and the underlying assets (6,849 policies as at 31 December 2023) from Federale Verzekering, Vereniging van Onderlinge Levensverzekeringen (the “Federale Portfolio”). A transitional services agreement, until 28 June 2025 (with possibility to extend further