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2024 SFCR Report

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... by the financial closing of the “Contassur” transaction in July 2024, impairments on Belgian real-estate promotors and a revision of actuarial assumptions. System of Governance The Company has established a system of governance appropriate to the