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2023 SFCR Report
of 93 Monument Group: PUBLIC Despite its exposure to real-estate and additional impairments acted on Monument Immo Management, the economic own funds of MAB were relatively stable over the year thanks to disciplined financial hedging strategies and

2022 SFCR Report
, inflationary pressures, real-estate and equity market downturns. ▪ Thanks to disciplined financial hedging strategies and the IGR, the economic own funds of Monument were not negatively affected. ▪ In accordance with its risk appetite and investment strategy