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UNITY RE

UNITY RE. CORPORATE PROFILE 20 1 4. Milestones. 1991 - North-West Insurance Co. was registered and then acquired by Group RESO – one of the largest insurance holdings with Russia and FSU

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UNITY RE

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  1. UNITY RE CORPORATE PROFILE 2014

  2. Milestones • 1991 - North-West Insurance Co. was registered and then acquired by Group RESO – one of the largest insurance holdings with Russia and FSU • 2004 - renamed into Reso Re and started its active development within the reinsurance market of Russia and CIS • 2005 - became one of the first reinsurers in FSU to receive the full-scale international financial strength rating: ‘B+’ by Standard & Poor’s • 2006 - rebranded to Unity Re and also restructured to obtain more high-qualified and experienced team to promote further as the specialist reinsurance center of Group RESO and strategically the leading reinsurer within FSU • 2007 - started operations in overseas markets, writing property, construction and marine business from South America, MENA and SEA regions, and was granted with the international financial strength rating of ‘BB-’ from Standard & Poor’s 2

  3. Milestones • 2008 - promoted actively within the core markets – Russia and CIS, - closing the year as the most dynamically growing specialist reinsurer in the region • 2009 - demonstrated an excellent performance despite the burden of world financial crisis, meanwhile becoming the largest national treaty reinsurer • 2010 - Unity Re finally conquered the top position in the market, ranked the first among the specialist reinsurers in Russia (over 1 bln RUR of GPW) • 2010 - Unity Re is assigned a secure B+ (Good) rating by A.M.Best Company • 2011 - Unity Re maintains the first rank position among the specialist reinsurers in Russia & CIS with GPW of over 1,28 bln RUR • 2012 – Unity Re maintains the 1st rank position and finalizes the year with the exceptional net profit of over 346 m RUR

  4. Vision & mission

  5. Highlights & competences 5

  6. Legal & compliance • The 100% shareholder of Unity Re is RESO Holding - one of the leading insurance holdings within Russia & CIS. • Currently, the paid-up capital of Unity Re is 700m RUR (~16.6m USD) • The actual reinsurance license No. 1643 77 of 04.07.2007. • Since 2007, KPMG has been the official auditor of Unity Re for IFRS financials. Since 2012, Deloitte is the official auditor.

  7. International rating Unity Re has the following actual international ratings assigned: • Rating reports specially outline Unity Re’s: • Good capitalization • Profitability and stable operational results • Strong leading position in the markets of Russia and CIS • Very good level of retrocession protection

  8. International rating • «Leading position in the Russian reinsurance market, strong capitalization and consistent financial results» • «A leading reinsurer operating in Russia and CIS… portfolio of cedants includes most of the largest local insurance companies» • «Risk adjusted capitalization is strong and supportive of rapid premium growth» • «Technical profitability in 2010 improved significantly. With a combined ratio of 74% in 2010 and 80% in average over the last five years, Unity Re has been growing rapidly without deteriorating the quality of its portfolio»

  9. Portfolio 2012 The scope of Unity Re’s activities is classic reinsurance, where the company offers coverage for all major lines of business: general property, construction, energy and petrochemical, cargo, marine hull, aviation, accident & health, liability.

  10. Portfolio 2012 • 500(re)insurance and broking companies from Russia, CIS & overseas • 287 companies from Russia, inc. all players from Top-50 (a unique!) • cooperation with all major brokers operating in Russia, inc.: Marsh, Willis, Aon, Malakut, THB, Nasco, AFM etc.

  11. Portfolio 2011 The major geographical scope of Unity Re’s business is focused at Russia & CIS. Additionally, since 2006, Unity Re has intensified its activities in overseas markets, writing business from South-East Asia, Central & South America and Africa.

  12. Largest paid claims 2006-2012

  13. Market position 2012 Top specialist reinsurers writing genuine reinsurance, 2012:

  14. Key financials, IFRS

  15. Key financials, IFRS

  16. Capacity 2014

  17. Team International business: • Igor Shekhovtsov, Deputy CEO • MA (Fin) • Dmitry Vanin, Director of International business dept. • MA (Sc), CertCII Underwriting: • Svetlana Chepeleva, Deputy CEO, Chief underwriter P&C • MA (Fin), over 22 years of u/w experience • Elena Jishkariani, Managing Underwriter, Marine & Overseas P&C • MA (Fin), over 12 years of u/w experience • Julia Mironenko, Managing Underwriter, Treaty • MA (Fin), over 12 years of u/w experience • Elena Mishalueva, Director, Overseas P&C • MA (Fin) • Elena Korotkova, Managing Underwriter, Casualty • MA (Fin)

  18. Contacts 125047, Russian Federation, Moscow, Gasheka st., 12 Tel.: +7 495 956 6589Fax: +7 495 956 6598 E-mail: re@unityre.ru www.unityre.com

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