Welcome to Our Community Global Reinsurance Understanding Risk Creating Value
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 122.3 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 2014. 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
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
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 2010-2014*: Global Footprint & Customized Solutions Extensive Technical Capabilities [EUR mn] 2010 Key figures 2010-2013 1 : 2011 2012 2013 2014 Gross Written 4,322 3,779 3,939 3,855 4,275 Premium [EUR mn] 2010 2011 2012 2013 Gross Operating Written Profit 355-101 404 418 478 4,322 3,779 3,939 3,855 Premium Combined Ratio Operating (P&C business Profit only) 93.2% 355 108.2% -101 92.8% 404 90.4% 418 88.6% * 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
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 2013 2014 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 2013 2014 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
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: +353 1 512 5400 New York Allianz Risk Transfer Inc. 1330 Avenue of the Americas 19th Floor New York, NY 10019 USA p: +1 646 840 5000 Bermuda Allianz Risk Transfer (Bermuda) Ltd. Allianz Risk Transfer AG (Bermuda Branch) Overbay, 106 Pitts Bay Road Pembroke HM 08, Bermuda p: +1 441 295 4722 London Allianz Risk Transfer (UK) * Allianz House 60 Gracechurch Street London EC3V 0HR United Kingdom p: +44 20 3451 3000 Munich Allianz SE Reinsurance Koeniginstrasse 28 80802 Munich Germany p: +49 89 3800 0 Switzerland Allianz SE Reinsurance Branch Switzerland Richtiplatz 1 8304 Wallisellen Switzerland p: +41 44 285 9595 Postbox, CH-8010 Zurich, Switzerland Allianz Risk Transfer AG Lavaterstrasse 67 8002 Zurich Switzerland p: +41 44 285 1818 Amsterdam Allianz Risk Transfer N.V. Keizergracht 482 1017 EG Amsterdam The Netherlands p: +31 20 520 3823 Singapore Allianz SE Reinsurance Branch Asia Pacific 12 Marina View #14-01 Asia Square Tower 2 Singapore 018961 p: +65 6297 8801 * Trading division of Allianz Global Corporate & Specialty AG (UK) Branch 9 10
Allianz Re leadership team Client Management Team Contacts Floris Wijchman Chief Markets Officer floris.wijchman@allianz.com +41 44 285 9585 Western Europe & Americas Amer Ahmed Chief Executive Officer amer.ahmed@allianz.com +49 89 3800 3044 Jan Stoermann Chief Underwriting Officer jan.stoermann@allianz.com Jan Stoermann Chief +49 Underwriting 89 3800 19339 Officer jan.stoermann@allianz.com +49 Dr. Thorsten 89 3800 19339 Dietz Chief Operating Officer thorsten.dietz@allianz.com +49 Dr. 89 Olaf 3800 Novak 14653 Chief Portfolio & Analytics Officer Dr. Olaf Novak Chief olaf.novak@allianz.com Portfolio & Analytics Officer +49 89 3800 2796 olaf.novak@allianz.com +49 89 3800 2796 Holger Tewes-Kampelmann Chief Financial Officer holger.tewes-kampelmann@ holger.tewes-kampelmann@ allianz.com allianz.com +49 89 3800 16185 +49 89 3800 16185 Head: Joachim Schroeter joachim.schroeter@ p: +41 44 285 9500 m: +49 173 359 0755 Erik-Jan van Bedaf Giacomo Ganz Joachim Schroeter Benelux Israel Nordics erikjan.vanbedaf@ p: +41 44 285 9555 m: +41 79 599 9216 France Iberia Italy Latin America Malta giacomo.ganz@ p: +41 44 285 9565 m: +41 79 800 6013 Minas Kalachian US business handled by ART Inc. New York Canada Germany Ireland Switzerland UK joachim.schroeter@ p: +41 44 285 9500 m: +49 173 359 0755 minas.kalachian@art-allianz.com p: p: +1 646 840 5034 m: +1 +917 239 5242 11 12
Asia Pacific Central & Eastern Europe, Middle East & Africa Head: Kenrick Law kenrick.law@ p: +65 6297 8903 m: +65 8322 2281 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 Malaysia @ p: +65 6297 8903 m: +65 8322 2281 chan.hui.leong@ p: +65 6297 8014 m: +65 9728 8630 Australia Brunei New Zealand Papua Indonesia New Guinea Singapore India Sri Cambodia Lanka Malaysia Laos Philippines Thailand Vietnam anna.kohls Philippines @allianz.com p: +65 6297 7153 m: + 65 9018 3220 park.sang.hun@ p: +65 6297 7153 m: +65 9113 1815 Japan Australia Republic of Korea New Zealand Indonesia Pakistan Japan Vietnam Republic of Korea Laos Cambodia mathieu.potin @ p: +65 6297 8069 m: +65 9786 2265 mathieu.potin@ p: +65 6297 8069 m: +65 9786 2265 Head: Denis Pehar denis.pehar@allianz.com p: +49 89 3800 90167 m: +49 162 132 1862 Denis Henry Pehar Hogarth Beata Heuring (née Beata Stepien) Heuring (née Marin Stepien) Andreev Africa Africa henry.hogarth@allianz.com p: +49 89 3800 5783 denis.pehar@ m: +49 1520 8601408 allianz.com p: +49 89 3800 90167 m: +49 162 132 1862 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: +49 89 3800 60312 beata.heuring@ m: +49 152 5475 marin.andreev@ 0428 allianz.com allianz.com p: +49 89 3800 60312 p: +49 89 3800 14912 m: +49 152 5475 0428 m: +49 173 289 8570 Majid Preisler Austria Greece Bulgaria Majid Preisler MENA Romania Turkey Russia Greece Ukraine MENA Turkey Former Yugoslavian countries m.preisler@ p: +41 44 285 9570 m: +41 79 448 6841 marin.andreev@allianz.com p: +49 89 3800 14912 m: +49 173 289 8570 m.preisler@allianz.com p: + 49 89 3800 2558 m: +49 173 354 1663 13 14
Global Agriculture Head: Thomas Heintz thomas.heintz@ p: +41 44 285 9556 m: +41 79 250 5397 Life & Health Head: Wil Chong wil.chong@ p: +65 6297 8015 m: +65 9657 9234 0028 8948 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 fabian.dueggelin@ beat.krauer@ p: +41 44 285 9553 p: +41 44 285 9569 m: fabian.dueggelin@ +41 79 372 7413 beat.krauer@ m: +41 79 416 2734 olena.sosenko@ Peter p: +41 Book 44 285 9553 p: +41 44 285 Daniel 9569 Qi p: +41 44 285 9552 m: +41 79 372 7413 m: +41 79 416 2734 m: +41 79 310 1675 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 peter.book@ Sven Schneider p: +65 6297 8012 m: +65 9832 1235 Asia Pacific daniel.qi@ Daniel Qi p: +65 6297 2319 m: +65 9648 0058 China robin.chia@ p: +65 6395 3788 m: +65 9018 4892 patricia.chang@ p: +65 6395 3813 m: +65 9832 9233 1235 5813 sven.schneider@ Bahar Pirmadjid daniel.qi@ p: +65 6297 8012 m: +65 9835 8166 p: +65 6297 2319 m: +65 9648 0058 Head of Agri Corporates & Public Private Partnerships bahar.pirmadjid@allianz.com p: +41 44 285 9560 m: +41 79 416 1542 Dr. Stephan Haverkamp Dr. Stephan Haverkamp Head of Centre of Competence Head of Center of Excellence stephan.haverkamp@allianz.com p: +49 89 3800 2219 m: +49 173 163 6207 stephan.haverkamp@allianz.com p: +49 89 3800 2219 m: +49 173 163 6207 Klaus Wolf Americas Europe k.wolf@allianz.com p: +49 89 3800 13135 m: +49 0152 5455 9320 15 16
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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