Welcome to Our Community

WELCOME TO OUR COMMUNITY

Understanding Risk – Creating Value

Allianz Reinsurance PART OF A STRONG FINANCIAL COMMUNITY

TheThe Allianz Allianz Group Group isis a global financial servicesservices inin Singapore,Singapore, IrelandIreland andand Switzerland, Switzerland, tailoring tailoring providerprovider with with servicesservices predominantly inin the the reinsurancereinsurance solutionssolutions toto the the diverse diverse business business insuranceinsurance and and assetasset managementmanagement business.business. needsneeds of customers worldwide.worldwide. As As a a global global 8688 million million retail retail andand corporatecorporate clients inin moremore organization,organization, we bringbring togethertogether a a team team of of thanthan 70 70 countries countries relyrely onon our knowledge, globalglobal internationalinternational expertsexperts inin both both the the underwriting underwriting presence,presence, financial financial strength strength andand solidity.solidity. In fiscalfiscal andand risk management fields;fields; combiningcombining globalglobal yearyear 2016 2017 over over 140,000 140,000 employeesemployees worldwide andand local market expertise and and multi-segment multi-segment achievedachieved total total revenues revenues of 122.4126.1 billion euroseuros know-how.know-how. andand an an operating operating profitprofit of of 10.8 11.1 billionbillion euros.euros. BackedBacked by Allianz’ strongstrong capital capital base base and and BeyondBeyond the the quality quality of our financial performance,performance, aa well-diversifiedwell-diversified portfolio,portfolio, AllianzAllianz ReRe offers aa number number of of other other activitiesactivities and factors are are securesecure capacity andand world-classworld-class technical technical importantimportant for for thethe sustainablesustainable growth ofof ourour capabilities.capabilities. Our capacitycapacity and and knowledge knowledge businessbusiness and and companycompany value. These include,include, but but protectprotect our clients againstagainst financial financial losses,losses, areare not not limited limited to,to, ourour broad-based portfolioportfolio helphelp them meet regulatory requirements requirements andand global global reach, reach, ourour focus on customer needs,needs, andand contribute to keepingkeeping themthem competitive. competitive. ourour value-based value-based managementmanagement approach andand thethe skills skills and and professionalismprofessionalism ofof ourour employees.employees. ThisThis combination ofof skills,skills, capacity capacity and and security security isis atat thethe core ofof ourour missionmission UNDERSTANDING UNDERSTANDING AllianzAllianz Re Re is is the the reinsurancereinsurance arm of thethe AllianzAllianz RISKRISK - CREATING VALUE VALUE Group.Group. Headquartered Headquartered in Munich, AllianzAllianz Re Re has has officesoffices strategically strategically located located close close to to key key markets markets

Allianz Reinsurance 1 OUR BUSINESS

Understanding Risk – Creating Value

• Managing run-off • P&C Treaty • Allianz Climate portfolios & legacy • Agriculture Treaty Solutions business • Life & Health Treaty • Cat Risk Management & Facultative • Group Insurance • Full range of products Management & services • Business Development

RESOLUTION ADVISORY REINSURANCE MANAGEMENT & SERVICES OUR VALUE

A Key Partner Build strong relationships with our clients across all business lines PROPOSITION

• Develop long-term relationships • Provide our clients with tailored across the board solutions and meaningful capacity Allianz Re is part of the Allianz Group: A global leader in insurance and asset management

TRADITIONAL TREATY WE SHARE THESE STRENGTHS WITH OUR CLIENTS THROUGH

• Global reach with local teams and language capabilities OUR CLIENT FOCUS • Tailored solutions with substantial capacity MEANS UNDERSTANDING • Extensive technical capabilities and analytics YOUR NEEDS, BEING RESPONSIVE AND STRUCTURED AGRICULTURE • Access to other Allianz Group capabilities and entities AGILE TO PROVIDE TRANSACTIONS THE RIGHT SOLUTION • Sharing knowledge & expertise FOR YOU • S&P AA rating

• Complement traditional programs • Build on market-leading with structured solutions position globally

2 Allianz Reinsurance Allianz Reinsurance 3 DIVERSIFICATION ALLIANZ RE Financial security through risk spread

FACTS & FIGURES 1 GWP 2017 BY REGIONS Allianz Re contributes to the strongest Western Europe: 82%81% ﬁnancial community Asia Paciﬁc: 11%10% CEEMA: 5%7% USA & Canada: 1%1% 882%1% Latin America: 1%1% Western Europe

Diversification ensures sustainability and stability for our clients Key figures 2012 – 20161: [EUR[EUR mn]mn] 20120132 20142013 20152014 20162015 20172016 • Tootaltal Grossoss Wriritttente P Preremiummium iinn 22017:016: EEURUR 6.26.4 billionbillion Gross Written Premium 3,939 3,855 4,275 5,442 6,404 Gross Written Premium 3,855 4,275 5,442 6,404 6,284 • Diversified risk portfolio by both lines of business and Operating Profit 404 418 478 662 635 geography 418 478 662 635 327 Combined Ratio 92.8% 90.4% 88.6% 89.2% 89.4% (P&C business only) GWP 2017 BY LINES Combined Ratio 90.4% 88.6% 89.2% 89.4% 95.3% (P&C business only) OF BUSINESS1 Property: 34%36% 1 Financial year basis, includes internal and external business Motor: 30%28% Life & Health2: 7%7% Liability: 11%11% 334%6% Credit Risks: 8%6% Property Agriculture: 2%3% Engineering: 3%4% Marine: 3%2% Personal Accident: 2%2%

1 P&C Financial ﬁgures include Allianz Reinsurance PC, SF Re, Allianz Climate Solutions and exclude virtual entities.

² Life & Health include Allianz Global Life VA business.

4 Allianz Reinsurance Allianz Reinsurance 5 OUR GLOBAL NETWORK OUR Reinsurance – A Global Business MANAGEMENT Allianz Re Leadership Team

Jan Stoermann Chief Underwriting Oﬃcer

2 [email protected] +49 89 3800 19339

1 3 4 Dr. Thorsten Dietz Chief Operating Oﬃcer

[email protected] +49 89 3800 14653

5 Amer Ahmed ChaDntr. aKlausl Sch uBemragecher Chief Executive Officer ChiefChief FinancialFinancial OfficerOfficer

[email protected] chanklaus.tal.schbuemrge@[email protected] +49 89 3800 3044 ++4949 8899 38003800 1990316165

Dr. Olaf Novak Managing Director Reinsurance

[email protected] USA Germany 1 3 5 Singapore +49 89 3800 2796 San Francisco Reinsurance Allianz SE Reinsurance Allianz SE Reinsurance (ARM US) – Koeniginstrasse 28 Branch Asia Paciﬁc Allianz Resolution 80802 Munich 12 Marina View Holger Tewes-Kampelmann Management (ARM)™ Germany #14-01 Asia Square Tower 2 Managing Director 1465 North McDowell Blvd, p: +49 89 3800 0 Singapore 018961 Resolution Management Ste 100 Allianz Climate Solutions p: +65 6297 8801 Petaluma, CA 94954 Koeniginstrasse 28 [email protected] California, USA 80802 Munich Phone +49 89 3800 16195 Germany Ireland 2 pp:: +49+49 8989 38003800 128840 Allianz RE Dublin dac Floris Wijchman Allianz House 4 Switzerland Managing Director Elimpark, Merrion Road Allianz SE Reinsurance Advisory & Services Dublin 4 Ireland Branch Switzerland p: +35 31 512 5400 Richtiplatz 1 ﬂ[email protected] 8304 Wallisellen +41 44 285 9585 Switzerland p: +41 44 285 9595

6 Allianz Reinsurance Allianz Reinsurance 7 OURO GULRO BGALOL BAL NETWORK Client Management TeNam ContEacts TWORK Client Management Team Contacts

Erik-Jan van Bedaf Israel | Netherlands | Switzerland | United Kingdom p : +41 44 285 9555 m : +41 79 599 9216 EMEA & [email protected] ASIA PACIFIC

BHeantray Heougrainrtgh (née Stepien) CArfroiacatia | Czech Republic | Hungary | Poland | Slovakia p : +49 89 3800 657083132 m : +49 152 50487650 014208 [email protected]

HMeanjirdy PHreogisalertrh AGfrreeicace | Middle East | Turkey p : +49 89 3800 52758538 m : +49 17532 305846 01 6164308 hme.pnreiy.hsloegr@[email protected]

Allianz Reinsurance 9

8 Allianz Reinsurance Allianz Reinsurance 9 GLOBAL AGRICULTURE

Reto Schneider Rest of World p : +41 44 285 9556 [email protected]

10 Allianz Reinsurance Karan Srivastava Allianz Reinsurance 11 India | Sri Lanka | Egypt | Lebanon | Saudi Arabia p : +65 6395 3658 GLOBAL AGRICULTURE

Reto Schneider Rest of World p : +41 44 285 9556 [email protected]

These assessments are, as always, subject to the disclaimer provided severity of insured loss events, including from natural catastrophes These assessments are, as always, subject to the disclaimer provided severity of insured loss events, including from natural catastrophes below. and including the developmentPatricia of Chang loss expenses, (iv) mortality and below. and including the development of loss expenses, (iv) mortality and morbidity levels and trends,Brunei (v) persistency | Indonesia levels, | China (vi) the extent| Hong of Kong | Malaysia | morbidity levels and trends, (v) persistency levels, (vi) the extent of Cautionary Note Regarding Forward-Looking Statements credit defaults, (vii) interestTaiwan rate levels, (viii) currency exchange rates Cautionary Note Regarding Forward-Looking Statements credit defaults, (vii) interest rate levels, (viii) currency exchange rates The statements contained herein may include statements of future including the Euro/U.S.p Dollar : +6 exchange5 6395 rate,3813 (ix) changing levels The statements contained herein may include statements of future including the Euro/U.S. Dollar exchange rate, (ix) changing levels expectations and other forward-looking statements that are based of competition, (x) changesm : in+6 laws5 9233 and regulations, 5813 including expectations and other forward-looking statements that are based of competition, (x) changes in laws and regulations, including on management’s current views and assumptions and involve monetary convergence and the European Monetary Union, (xi) on management’s current views and assumptions and involve monetary convergence and the European Monetary Union, (xi) known and unknown risks and uncertainties that could cause actual changes in the [email protected] of central banks and/ or foreign known and unknown risks and uncertainties that could cause actual changes in the policies of central banks and/ or foreign results, performance or events to differ materially from those governments, (xii) the impact of acquisitions, including related results, performance or events to differ materially from those governments, (xii) the impact of acquisitions, including related expressed or implied in such statements. In addition to statements integration issues, (xiii)Karan reorganization Srivastava measures, and (xiv) general expressed or implied in such statements. In addition to statements integration issues, (xiii) reorganization measures, and (xiv) general which are forwardl ooking by reason of context, the words “may”, competitive factors, in eachIndia case | Sri on Lankaa local, regional, | Egypt national | Lebanon and/ | Saudi Arabia which are forwardl ooking by reason of context, the words “may”, competitive factors, in each case on a local, regional, national and/ “will”, “should”, “expects”, “plans”, “intends”, “anticipates”, “believes”, or global basis. Many of these factors may be more likely to occur, “will”, “should”, “expects”, “plans”, “intends”, “anticipates”, “believes”, or global basis. Many of these factors may be more likely to occur, “estimates”, “predicts”, “potential”, or “continue” and similar or more pronounced, asp a result: +65 of 6395 terrorist 3658 activities and their “estimates”, “predicts”, “potential”, or “continue” and similar or more pronounced, as a result of terrorist activities and their expressions identify forward-looking statements. Actual results, consequences. The companym : +6 assumes5 9620 no 5406 obligation to update any expressions identify forward-looking statements. Actual results, consequences. The company assumes no obligation to update any performance or events may differ materially from those in such forward-looking [email protected] performance or events may differ materially from those in such forward-looking statement. statements due to, without limitation, (i) general economic statements due to, without limitation, (i) general economic conditions, including in particular economic conditions in the Allianz No duty to update conditions, including in particular economic conditions in the Allianz No duty to update Group’s core business and core markets, (ii) performance of The company assumes no obligation to update any information Group’s core business and core markets, (ii) performance of The company assumes no obligation to update any information financial markets, including emerging markets, and including contained herein. financial markets, including emerging markets, and including contained herein. market volatility, liquidity and credit events (iii) the frequency and market volatility, liquidity and credit events (iii) the frequency and

10 Allianz Reinsurance 12 Allianz Reinsurance Allianz Reinsurance 11 12 Allianz Reinsurance Allianz Reinsurance 13 7 1 . 0 2 . 3.201 8 4 V www.allianzre.com V