risks

significant risks to communities and businesses around the world. Insurance companies, with their expertise in risk management, have a unique opportunity to contribute to environmental sustainability. ▪ Impact social : ESG considerations go beyond the... future. The insurance industry has the power to drive positive change, reduce climate change risks and foster social progress. This ESG briefing aims to present MAB's commitment to environmental, social responsibility and good governance, including

.............................................................................................................. 61 C.6 Other material risks ........................................................................................................ 62 C.7 Other Relevant Information...-group reinsurance (“IGR”) to cede risks that can be reinsured to Monument Re, whilst retaining a proportion of the risk. This helps to drive risk diversification and capital and liquidity synergies at the group level. The IGR-Treaty was updated during

.................................................................................................................. 63 C.5 Operational risk ............................................................................................................. 64 C.6 Other material risks... and/or acquisition, the Monument Group looks to assume asset based risks within its risk appetite, and efficiently operate these businesses or portfolios. The focus includes two principal areas, namely: ▪ Acquisition of portfolios or insurers

............................................................................................................................ 57 C.5 Operational risk ....................................................................................................................... 58 C.6 Other material risks... growth in the Belgian market. In support of Monument Re Group’s intention to efficiently manage capital and liquidity, the Company makes use of intra-group reinsurance (“IGR”) to cede risks that can be reinsured to Monument Re, whilst retaining

....................................................................................................................... 63 C.6. Other material risks ................................................................................................................. 64 C.7. Other Relevant Information... create capital synergies in line with the Monument Group strategy. Through a strategy of reinsurance and/or acquisition, the Monument Group looks to assume asset based risks within its risk appetite, and efficiently operate these businesses or

material risks ......................................................................................................... 64 C.7 Other Relevant Information ............................................................................................. 65...; and ▪ Drive risk diversification and create capital synergies in line with the Monument Group strategy. Through a strategy of reinsurance and/or acquisition, the Monument Group looks to assume asset based risks within its risk appetite, and efficiently

that Monument and its staff know how to identify any potential conflict of interest risks and know how to report them. Monument Group: INTERNAL 4 1.2.4 The Policy is part of a set of Monument Assurance Belgium’s (“MAB”) Governance Policies and should..., risks and preferences into the product oversight and governance requirements for insurance undertakings and insurance distributors and into the rules on conduct of business and investment advice for insurance-based investment products. Monument Group