Managing assets with a conservative investment philosophy is therefore one of our core strengths. We also boast deep expertise in credit and fixed income investments which allows us to identify the optimum strategic asset allocation balance for the portfolios of savings and annuities insurance policies we manage.
Mediterráneo Vida has chosen not to develop an involvement policy as indicated in Royal Decree 288/2021 of 20 April, as regards the encouragement of long-term shareholder involvement for insurance undertakings authorised to operate in the life insurance business, by not including in its “Long-term investment strategy” investments in shares of companies admitted on a regulated stock market located in a Member State of the European Union.“
DISCLOSURE OF INFORMATION ON REMUNERATION POLICIES IN RELATION TO THE INTEGRATION OF SUSTAINABILITY RISKS
Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27 November 2019 on the disclosure of information relating to sustainability in the financial services sector, in its Article 5 provides that financial market participants must publish on their websites, information on the consistency of remuneration policies with the integration of sustainability risks.
Mediterráneo Vida, S.A. de Seguros y Reaseguros (Sociedad Unipersonal), as a company participating in the financial market, in compliance with the aforementioned article 5 states:
"Our Remuneration Policy includes sustainability factors in order to promote social, governance and environmental aspects. Our aim as an entity is to promote and support socially responsible and ethical values that contribute to sustainable development."
Within the regulatory framework introduced by Solvency II, and under the supervision of the Spanish regulator (Dirección General de Seguros):
We are certain that we can meet our commitments and optimise the value added for our policyholders and investors, as well as the companies that place their trust in us by transferring or reinsuring their run-off portfolios.