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GALIL CAPITAL RE SPAIN, SOCIMI, S.A. SERVICE MANAGEMENT AGREEMENTThis Service Management Agreement (the \"IR Agreement\") executed on [11/12] December 2018 (but with effects from 1 October 2018) by
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Galil Capital Re Spain is a regulatory framework or document related to capital requirements and financial reporting for companies operating within Spain, focusing on the reinsurance sector.
Entities involved in the reinsurance business, such as reinsurance companies and certain insurance agents operating in Spain, are required to file Galil Capital Re Spain.
To fill out Galil Capital Re Spain, entities must follow the prescribed guidelines outlined in the regulatory framework, providing necessary financial data, risk assessments, and capital adequacy calculations.
The purpose of Galil Capital Re Spain is to ensure that reinsurance companies maintain adequate capital reserves to protect policyholders and promote financial stability within the insurance market.
Information required includes details on capital adequacy, asset valuations, liabilities, risk exposure, and compliance with regulatory capital requirements.
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