Fortis’ insurance subsidiaries are required to maintain a minimum level of qualifying capital relative to the premiums received for Non-life insurance contracts and relative to the Life insurance liabilities arising from insurance and investment contracts. The consolidated regulatory solvency requirements of Fortis’ insurance subsidiaries are EUR 4,108 million at 31 December 2007 (2006: EUR 3,689 million; 2005: EUR 3,395 million) and are largely covered by the available qualifying total capital.