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FIAR 22nd May 2013

FIAR 22nd May 2013. A bout M illi R e and Our Approach to the Region by Alexandre Bichot Deputy Head of Department Foreign Inward Business - Milli Re . Continuous Growth of Milli Re. Foreign Portfolio Development. Key Financial Indicators . Premium Income (US$ mio).

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FIAR 22nd May 2013

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  1. FIAR22nd May 2013 About Milli Re and Our Approach to the RegionbyAlexandre BichotDeputy Head of Department Foreign Inward Business - Milli Re

  2. Continuous Growth of Milli Re Foreign Portfolio Development

  3. Key Financial Indicators Premium Income (US$ mio) Shareholders’ Equity (US$ mio) Profit/Loss for Period (US$ mio) 2008 2008 2009 2010 2011 2012 2009 2010 2011 2012 2008 2009 2010 2011 2012

  4. Key Financial Indicators

  5. Foreign Portfolio Breakdown by Region

  6. Rating The importance of a “rating” in the international reinsurance market is a well known fact. • OurfinancialstrengthratingfromA.M.BEST Rating Agency is “B+” (good). • Our Turkish nationalscaleratingfromStandard & Poor'sRatings Services is “trAA+”.

  7. Milli Re’s Approach to the CEE • Advantages : • Good Technical Results • Potential For Growth • Mostly Working on XL Basis • Small EQ Exposure • Modelling

  8. Milli Re’s Approach to the CEE • Disadvantages : • Natural Perils ( Especially STFI ) • Underpricing • Markets Under the Influence of Big International Groups • Market Stagnation

  9. Milli Re’s Approach to the CEE • Vision for the Region : • Increase Business Volume with Already Existing Partners • Create New Partnerships • Diversify the Portfolio Branchwise • Geographical Spread

  10. Milli Re’s Approach to the CEE • Future of the Region: • Create More Ties and Partnership with Regional Reinsurers • Have a More Diversified Reinsurance Panel • Increase the Rates

  11. Thank you !

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