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1 Welcome to Our Community Global Reinsurance Understanding Risk Creating Value

2 Part of a strong Financial Community Allianz Group operates in more than 70 countries. Our experience and expertise in insurance and asset management make us one of the world s strongest financial communities. We earn the trust of our customers and partners by offering the highest level of expertise, integrity, commitment and sustainability. In fiscal year 2014, the Allianz Group achieved total revenues of about billion euros. Allianz is also one of the world s largest asset managers, with third-party assets of 10.4 billion euros under management at year end of Beyond the quality of our financial performance, a number of other activities and factors are important for the sustainable growth of our business and company value. These include, but are not limited to, our broad-based portfolio and global reach, our focus on customer needs, our value-based management approach and the skills and professionalism of our employees. Allianz Re is the reinsurance arm of the Allianz Group. Headquartered in Munich, Allianz Re has offices strategically located close to key markets in Singapore, Ireland and Switzerland, tailoring reinsurance solutions to the diverse business needs of customers worldwide. As a global organization, we bring together a team of international experts in both the underwriting and risk management fields; combining global and local market expertise and multi-segment know-how. Backed by Allianz strong capital base and a well-diversified portfolio, Allianz Re offers secure capacity and world-class technical capabilities. Our capacity and knowledge protect our clients against financial losses, help them meet regulatory requirements and contribute to keeping them competitive. This combination of skills, capacity and security is at the core of our mission Understanding Risk Creating Value 2

3 Our business A Key Partner Build strong relationships with our clients across all business lines Understanding Risk Creating Value Reinsurance of Allianz Companies Reinsurance of Third Party Companies Retrocession Traditional Non- Traditional Develop long-term relationships across the board Traditional Treaty Provide our clients with tailored solutions and meaningful capacity P&C Treaty & Facultative Agriculture Treaty Life & Health Treaty & Facultative Full range of products and services Transferring Group exposures to retro markets Cat bonds ILW Cat swaps Structured Transactions Agriculture Complement traditional programs with structured solutions Build on market-leading position globally 3 4

4 Our value proposition Allianz Re is part of the Allianz Group: A global leader in insurance and asset management Our strategic focus areas & key figures We share these strengths with our clients through Global reach with local teams and language capabilities Tailored solutions with substantial capacity Extensive technical capabilities and analytics Access to other Allianz Group capabilities and entities Sharing knowledge & expertise S&P AA rating Our Client Focus means understanding your needs, being responsive and agile to provide the right solution for you Client Focus Key figures *: Global Footprint & Customized Solutions Extensive Technical Capabilities [EUR mn] 2010 Key figures : Gross Written 4,322 3,779 3,939 3,855 4,275 Premium [EUR mn] Gross Operating Written Profit ,322 3,779 3,939 3,855 Premium Combined Ratio Operating (P&C business Profit only) 93.2% % % % % * Financial Combined year Ratio basis, includes 93.2% internal and external 108.2% business (P&C business only) 92.8% 90.4% 1 Financial year basis, includes internal and external business 5 6

5 Diversification Our clients benefit from a Financial security through risk spread well-diversified portfolio Giving our clients access to a wide range of products broad appetite exists in specific cases limited appetite GWP by regions Western Europe: 70% 72% Asia Pacific: 18% 16% CEEMA: 8% 5% USA & Canada: 3% 4% Latin America: 2% 3% Our Global portfolio diversification and strong ensures balance sustainability sheet ensure and sustainability stability for our and clients stability for our clients Line of Business Property (Non-Cat) Catastrophe GTPL Motor WE / CAN / LatAm Japan Australia Rest of Asia CEEMA Africa US Engineering GWP by lines of business Marine Property: 38% Motor: 16% 17% Life & Health: 13% Liability: 10% 11% Credit Risks: 7% Engineering: 6% 4% Agriculture: 5% 4% Marine: 3% Personal Accident: 3% Total Gross Written Premium in in 2013: 2014: EUR 4.3 billion EUR 3.9 billion Aviation Energy Credit / Bond Agriculture Life & Health 7 8

6 A leading reinsurer in agriculture Crop Hail, drought, flood and multi-peril Livestock Disease, accident and epidemics Aquaculture Disease and meteorological events Forestry Fire, hail, windstorm and snow pressure Our service offering Consistent approach with broad risk appetite and focus on long-term relationships Active quoting market with a team of experts across the globe Lead capability across all agricultural lines Innovation through remote sensing technology Proximity to our clients and their markets with our global presence Dublin Allianz Reinsurance Dublin Ltd. Allianz House Elmpark, Merrion Road Dublin 4, Ireland p: New York Allianz Risk Transfer Inc Avenue of the Americas 19th Floor New York, NY USA p: Bermuda Allianz Risk Transfer (Bermuda) Ltd. Allianz Risk Transfer AG (Bermuda Branch) Overbay, 106 Pitts Bay Road Pembroke HM 08, Bermuda p: London Allianz Risk Transfer (UK) * Allianz House 60 Gracechurch Street London EC3V 0HR United Kingdom p: Munich Allianz SE Reinsurance Koeniginstrasse Munich Germany p: Switzerland Allianz SE Reinsurance Branch Switzerland Richtiplatz Wallisellen Switzerland p: Postbox, CH-8010 Zurich, Switzerland Allianz Risk Transfer AG Lavaterstrasse Zurich Switzerland p: Amsterdam Allianz Risk Transfer N.V. Keizergracht EG Amsterdam The Netherlands p: Singapore Allianz SE Reinsurance Branch Asia Pacific 12 Marina View #14-01 Asia Square Tower 2 Singapore p: * Trading division of Allianz Global Corporate & Specialty AG (UK) Branch 9 10

7 Allianz Re leadership team Client Management Team Contacts Floris Wijchman Chief Markets Officer Western Europe & Americas Amer Ahmed Chief Executive Officer Jan Stoermann Chief Underwriting Officer Jan Stoermann Chief +49 Underwriting Officer +49 Dr. Thorsten Dietz Chief Operating Officer +49 Dr. 89 Olaf 3800 Novak Chief Portfolio & Analytics Officer Dr. Olaf Novak Chief Portfolio & Analytics Officer Holger Tewes-Kampelmann Chief Financial Officer allianz.com allianz.com Head: Joachim Schroeter p: m: Erik-Jan van Bedaf Giacomo Ganz Joachim Schroeter Benelux Israel Nordics p: m: France Iberia Italy Latin America Malta p: m: Minas Kalachian US business handled by ART Inc. New York Canada Germany Ireland Switzerland UK p: m: p: p: m:

8 Asia Pacific Central & Eastern Europe, Middle East & Africa Head: Kenrick Law p: m: Kenrick Hui Leong Law Chan (In the interim) Anna Sang Hun KohlsPark Mathieu Potin China China Hong Kong Taiwan Hong Kong Taiwan Thailand Singapore India Nepal Brunei Pakistan Sri Lanka kenrick.law p: m: chan.hui.leong@ p: m: Australia Brunei New Zealand Papua Indonesia New Guinea Singapore India Sri Cambodia Lanka Malaysia Laos Philippines Thailand Vietnam anna.kohls p: m: park.sang.hun@ p: m: Japan Australia Republic of Korea New Zealand Indonesia Pakistan Japan Vietnam Republic of Korea Laos Cambodia p: m: mathieu.potin@ p: m: Head: Denis Pehar denis.pehar@allianz.com p: m: Denis Henry Pehar Hogarth Beata Heuring (née Beata Stepien) Heuring (née Marin Stepien) Andreev Africa Africa henry.hogarth@allianz.com p: denis.pehar@ m: allianz.com p: m: Marin Andreev Czech Republic Czech Republic Hungary Hungary Poland Poland Slovakia Slovakia Austria Bulgaria Romania Russia Ukraine Former Yugoslavian countries beata.heuring@allianz.com p: beata.heuring@ m: marin.andreev@ 0428 allianz.com allianz.com p: p: m: m: Majid Preisler Austria Greece Bulgaria Majid Preisler MENA Romania Turkey Russia Greece Ukraine MENA Turkey Former Yugoslavian countries m.preisler@ p: m: marin.andreev@allianz.com p: m: m.preisler@allianz.com p: m:

9 Global Agriculture Head: Thomas Heintz p: m: Life & Health Head: Wil Chong p: m: Fabian Dueggelin Beat Krauer Beat Krauer Olena Sosenko Central Europe Canada South Central Africa Europe Canada Latin America South Africa Latin America Eastern Europe Head of Agriculture Group Reinsurance Agriculture Inward Reinsurance Aquaculture business worldwide Forestry business (excl. APAC) worldwide p: p: m: m: Peter p: +41 Book p: Daniel 9569 Qi p: m: m: m: Asia Pacific China Robin Chia Australia China Hong Kong Egypt India Japan Laos Sri Lanka South Korea Singapore Thailand Patricia Chang Brunei Guam Indonesia Lebanon Malaysia Philippines Saudi Arabia Taiwan Sven Schneider p: m: Asia Pacific Daniel Qi p: m: China p: m: p: m: Bahar Pirmadjid p: m: p: m: Head of Agri Corporates & Public Private Partnerships p: m: Dr. Stephan Haverkamp Dr. Stephan Haverkamp Head of Centre of Competence Head of Center of Excellence p: m: p: m: Klaus Wolf Americas Europe p: m:

10 Disclaimer These assessments are, as always, subject to the disclaimer provided below. Global Reinsurance Cautionary Note Regarding Forward-Looking Statements The statements contained herein may include statements of future expectations and other forward-looking statements that are based on management s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. In addition to statements which are forwardlooking by reason of context, the words may, will, should, expects, plans, intends, anticipates, believes, estimates, predicts, potential, or continue and similar expressions identify forward-looking statements. Actual results, performance or events may differ materially from those in such statements due to, without limitation, (i) general economic conditions, including in particular economic conditions in the Allianz Group s core business and core markets, (ii) performance of financial markets, including emerging markets, and including market volatility, liquidity and credit events (iii) the frequency and severity of insured loss events, including from natural catastrophes and including the development of loss expenses, (iv) mortality and morbidity levels and trends, (v) persistency levels, (vi) the extent of credit defaults, (vii) interest rate levels, (viii) currency exchange rates including the Euro/U.S. Dollar exchange rate, (ix) changing levels of competition, (x) changes in laws and regulations, including monetary convergence and the European Monetary Union, (xi) changes in the policies of central banks and/ or foreign governments, (xii) the impact of acquisitions, including related integration issues, (xiii) reorganization measures, and (xiv) general competitive factors, in each case on a local, regional, national and/ or global basis. Many of these factors may be more likely to occur, or more pronounced, as a result of terrorist activities and their consequences. The company assumes no obligation to update any forward-looking statement. No duty to update The company assumes no obligation to update any information contained herein. Understanding Risk Creating Value 18

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