capacity

) they are or could potentially be in a position to derive personal benefit from actions or decisions made in their capacity as a staff member, director or other person acting on behalf of the Company, which in turn leads to a material risk of damage... of aims of an individual are or might become incompatible with those of Monument or when (ii) they are or could potentially be in a position to derive personal benefit from actions or decisions made in their capacity as a staff member, director or

a rebalancing exercise performed by the Company in 2023, moving corporate bonds into government bonds and on the other hand side by the application of the Loss Absorbing Capacity of Deferred Taxes for the first time in 2023. The absolute MCR

, Benelux and Crown Territories platforms as well as demonstrating the capacity to develop and transact on opportunities in other territories. Monument Assurance Belgium N.V. (“MAB”) Monument Re acquired ABN AMRO Life Capital Belgium N.V. (“AALCB

engenders liquidity issues for several Belgian promotors and, in some case, incapacity to reimburse loans arrived to maturity. In accordance with BGAAP principles, MAB has booked value reduction on non-performing loans. In some cases, this results in the

as well as demonstrating the capacity to develop and transact on opportunities in other territories. st Solvency and Financial Condition Report 31 December 2022 Page 21 of 93 Monument Group: PUBLIC Monument Assurance Belgium N.V. (“MAB”) Monument Re

, Benelux and Crown Territories platforms as well as demonstrating the capacity to develop and transact on opportunities in other territories. Over 2021, Monument Re built upon the success of 2020 with the completion of five transactions. There were