www.trustre.com

AIIF - 2015 Azerbaijan International Insurance Forum - VI Edition

Trust Re “ The reinsurer of choice” 

July 2nd – 3rd , 2015 Baku, Republic of Azerbaijan

Sinisa Lovrincevic, M.Sc. General Manager – Cyprus Branch

1. Reinsurance in the interconnected World Searching for stability

Up - to date with the new risk landscape

Proactive strategy for long term commitment

Reinsurance today - in practice

2. Why Trust Re? “Reinsurer of Choice”

Driven by our values, Trust, Dynamic, Team Spirit

Underwriting capacities

Contents

Promise

Partnership

Perils

Planning

Product

Price

Performance

Profit

© Copyright 2013 TRUST RE All rights reserved. No part of this presentation in all its property may be used or reproduced in any form or by any means without a written permission

 PEOPLE ENGAGEMENT

STAKEHOLDERS INTEREST

1. SEARCHING FOR STABILITY

© Copyright 2013 TRUST RE All rights reserved. No part of this presentation in all its property may be used or reproduced in any form or by any means without a written permission

1. UP-TO DATE WITH THE NEW RISK LANDSCAPE

Efficient Deployment

of Capital

Inn

Innovative Risk

Assessment

External Analysis

Internal Analysis

“As if” Scenarios

Vision

Mission

Core Values

“SMART” Goals

Planning

Implementation on time

Performance Realization Team work

1. PROACTIVE STRATEGY

© Copyright 2011 TRUST All rights reserved. No part of this presentation in all its property may be used or reproduced in any form or by any means without a written permission

© Copyright 2013 TRUST RE All rights reserved. No part of this presentation in all its property may be used or reproduced in any form or by any means without a written permission

1. REINSURANCE CONTINUITY

LONG TERM

COMMITMENTS

Capital

Cash

Confidence

Conditions

Cover

Capacity

Control

RISK

COMPLEXITY

Concentration

Conflict

Climate

Catastrophe

Crisis

Competition

Claim

World of Change

Demand & Supply

Sensitivity

Broker 1

Broker 2

HI THERE!

Insurer

WHERE?

COMPETITOR

EVERYWHERE!

1. REINSURANCE TODAY – in practice

Insured

ReinsurerShow me the RIGHT way!

TODAY!

COMPETITIVE TERMS

Leadership: Vision, Mission, Values, Objectives, Goals, Strategy

Risk capital: adequate allocation to be ready to pay for future losses

“Risk chain”: close cooperation with active presence on the market,

delivering/exchanging know-how, experience & best practice

Active communication: understanding of macro and micro changes

in the risks pattern and consequences of risks interconnection with

response plan in place

Innovative solution: prompt responses always, with decisions

based on integrated processes through entire corporation © Copyright 2013 TRUST RE All rights reserved. No part of this presentation in all its property may be used or reproduced in any form or by any means without a written permission

2. WHY TRUST RE?

© Copyright 2011 TRUST All rights reserved. No part of this presentation in all its property may be used or reproduced in any form or by any means without a written permission

2. WHY TRUST RE?

Capital: Authorised, issued and paid up capital of US$ 200 million

Employees: 230 plus, located in our Bahrain Head Office, Branch

Offices in Cyprus and Labuan, Malaysia, Representative Office in Morocco

Ratings: “A-“ by S&P and A.M. Best

Reinsurance protection:- Treaties: proportional and non-proportional bases- Facultative: Oil & Energy (offshore and onshore), Marine Hull & Cargo,

Alternative Energy, Property, Engineering, Specialty Lines, Life and Health

2. WHERE WE ARE?

USA MOROCCO

MALAYSIA

BAHRAIN

CYPRUS

UK

CHINA

INDIA

Head Office is located in Bahrain

Our geographical scope includes the Azerbaijan, Middle East, Africa, Asia, Turkey, CEE, SEE, Russia and other CIS countries

2. WE ARE DRIVEN BY OUR VALUES

Vision To be the Reinsurer of Choice

Mission To provide innovative reinsurance solutions and prompt responses, always

Values Trust

Dynamic

Team Spirit

2. Celebrated our 25th Anniversary in 2014

Key Highlights: 2014 vs. 2013

Top Line Growth: 14% (USD 453m)

Net Profit After Tax: 14% (USD 15m)

Net Technical Reserves: 9% (USD 466m)

Equity Appreciation: 29% (USD 385m)

Energy Offshore

Energy Onshore

Property

Engineering

Political Violence

Liability

Treaty Non-Marine

Marine Hull

Marine Cargo

Treaty Marine

Political Risk

Group PA

Life

0 20 40 60 80 100 120

up to 110m

up to 110m

up to 100m

up to 75m

up to 15m

up to 10m

up to 15m

up to 8m

up to 8m

up to 6m

up to 5m

up to 5m

up to 5m

2. UNDERWRITING CAPACITIES 2015

$USD m

© Copyright 2013 TRUST RE All rights reserved. No part of this presentation in all its property may be used or reproduced in any form or by any means without a written permission

We are on the same boat!

 

Questions ARE IMPORTANT AS ANSWERS!