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Milli Re's Approach to the CEE Region

Analysis of Milli Re's growth, financial indicators, and approach to Central and Eastern Europe, highlighting advantages, disadvantages, vision, and future plans for regional partnerships and portfolio diversification.

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Milli Re's Approach to the CEE Region

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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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