1. Optio Engineering

Programs discussion

• Risk of accumulation arising from Dual + Optio

• Need to talk to reinsurers - talk to MS Re to add Optio NL CAR operation as of 1/9 (endorsement)
• Aggregation risk with DUAL how to manage it? easy until year end - termsheet will exclude overlap
• BP from Optio (April 2026) - 25m PML CAR/EAR
• 14m€ capacity until year end
• XS is automatically covering our retention (not specific cover for Dual)
• Call with Marc to understand exactly the deliverable
• Sent request to Marc for RI Information Pack on 30.7. (same as we need for UW Memo)
• Set up a meeting with the key dutch brokers about the market ( check the BDX) - Marsh and AON
• Set up a call with Robin to inform him about capacity/name of uwers
• Prepare termsheet for year end
• Check with Nelim on the accumulation.
• Send terms 04.09.2026 for a 01.01 start
• Meeting with Pierre and Robin end of December
• Arbitrage COEN renewal