Rendez-Vous de Septembre Monte-Carlo 6 September, 2000 Mark Wood CEO, AXA UK UK Non Life Insurance Market

Contents Motor General Liability Domestic Property Commercial Property General Property Damage £ / Euro Conversion Rate Market Figures not yet released. Figures used are based on provisional figures from the Association of British Insurers (ABI)

Growth of Claims and Growth in GDP UK General Insurance Market Total Claims Euro 18,503 million Year on Year Growth % Source : ABI - Insurance Statistics Yearbook Office for National Statistics - Financial Statistics (March 2000)

Underwriting Results % of Premiums Under writing Result (Euro million) Total Claims Euro 18,503 million Source : ABI - Insurance Statistics Yearbook

UK Non Life Industry “Insurance Profit” Euro billion % of Written Premiums Source : Warburg Dillon Read “UK Insurance Prospects” (February 1999)

UK General Business Premium Income By Class of Business Motor (Est) Domestic Property Commercial Property General Liability NWP 9,747 6,674 3,376 2,488 3,139 10,419 7,026 3,382 2,558 3,443 NWP Euro million NWP - Net Written Premiums Source : ABI Pecuniary Loss Accident and Health4,198 4,590 Marine, Aviation and Transport Total30,40932,234 11,270 6,219 3,504 2,085 3,837 4, ,367

Underwriting Results by Class of Business Motor (Est) Domestic Property Commercial Property Pecuniary Loss General Liability Euro million (1,861) (146) (342) Euro million (2,096) (334) (325) 464 (379) Euro million Source : ABI - Insurance Statistics Yearbook Marine Aviation and Transport (40) (38) Accident and Health 146 (118) Total(1,709) (2,826) (2,366) (458) (91) 347 (658) (66) (43) (3,335)

Contents Motor General Liability Domestic Property Commercial Property General Property Damage

Motor - Combined Ratio Motor Premiums Euro x,xxx million Combined Ratio % Source : ABI - Insurance Statistics Yearbook

Underwriting Results % of Premiums Under writing Result (Euro million) Motor Premiums Euro 11,270 million Source : ABI - Insurance Statistics Yearbook

Contents Motor General Liability Domestic Property Commercial Property General Property Damage

Domestic Property - Combined Ratio Domestic Property Premiums Euro 6,219 million Combined Ratio % Source : ABI - Insurance Statistics Yearbook

Underwriting Results % of Premiums Under writing Result (Euro million) Domestic Property Premiums Euro 6,219 million Source : ABI - Insurance Statistics Yearbook

Contents Motor General Liability Domestic Property Commercial Property General Property Damage

Commercial Property - Combined Ratio Commercial Property Premiums Euro 6,219 million Combined Ratio % Source : ABI - Insurance Statistics Yearbook

Underwriting Results % of Premiums Under writing Result (Euro million) Commercial Property Premiums Euro 6,219 million Source : ABI - Insurance Statistics Yearbook

Contents Motor General Liability Domestic Property Commercial Property General Property Damage

General Liability Growth in Premiums Growth in Premium Income (%) General Liability Premiums Euro 2,085 million Source : ABI - Insurance Statistics Yearbook

General Liability Underwriting Results % of Premiums Under writing Result (Euro million) General Liability Premiums Euro 2,085 million Source : ABI - Insurance Statistics Yearbook

Rendez-Vous de Septembre Monte-Carlo 6 September, 2000 Mark Wood CEO, AXA UK UK Non Life Insurance Market