1. EASTERN
REINSURANCE COMPANY

2. Russian reinsurance market Results of 2009
EASTERN REINSURANCE COMPANY

3. 2009 Incoming Reinsurance 2008 2009 RUR 53.592 bln. = USD 1.786 bln.
Specialized Reinsurers volume decreasing 40%
Universal Insurance companies volume decreasing 10%
2009 Incoming Reinsurance

4. 2008
RUR bln. =
USD mln.
2009
RUR bln. =
USD mln.
Written premium in % of lost volumes in 2009
Lost volumes in 2009
Reinsurers decreasing premium in %
2009 Incoming Reinsurance

5. 2009 Incoming Reinsurance RUR 32.781 bln. = USD 1.093 bln.
USD mln.
Universal Insurance companies 76%
Specialized reinsurers 24%
2009 Incoming Reinsurance

6. 2009 Incoming Reinsurance RUR 32.873 bln. = USD 1.960 bln.
USD mln.
Russia 76%
Non-resident 24%
2009 Incoming Reinsurance

7. 2009 Incoming Reinsurance 2008 2009 2008 2009 Specialized Reinsurers :
RUR bln. =
USD mln.
2009
RUR bln. =
USD mln.
Paid losses in 2008
Paid losses in 2009 decreased by 44%
Specialized Reinsurers & Universal Insurers:
2008
RUR bln. =
USD mln.
2009
RUR bln. =
USD mln.
Paid losses in 2008
Paid losses in 2009 decreased by 12%
2009 Incoming Reinsurance

8. 2009 Incoming Reinsurance 2008 2009 Universal Insurers:
RUR bln. =
USD mln.
2009
RUR bln. =
USD mln.
Paid losses in 2008
Paid losses in 2009 increased by 6.2%
2009 Incoming Reinsurance

9. 2009 : volume of premium decreased by 3 p.p. up to 34.4%
Loss ratio of Specialized Reinsurers decreased by 2 p.p. up to 33.6%
Loss ratio of Universal Reinsurers increased by 5.3 p.p. up to 34.7%
2009 Incoming Reinsurance

10. 2009 Outgoing Reinsurance 2009 2009 RUR 97.363 bln. = USD 3.245 bln.
Premium transmitted in reinsurance
420 Universal Insurance companies - 95%
24 Specialized Reinsurers - 5%
Total written premium of Insurance
RUR bln. =
USD bln.
RUR bln. =
USD mln.
2009 Outgoing Reinsurance

11. 2009 Outgoing Reinsurance RUR 54.499 bln. = USD 1.816 bln.
Premium transmitted abroad 56%
Premium transmitted into Russia 44%
2009 Outgoing Reinsurance

12. 2009 Outgoing Reinsurance Motor: increasing from 32% to 37%
Dangerous Enterprises Owners Liability: increasing from 54% to 59%
Rest kinds: increasing by 1-2%
Motor TPL: increasing from 19% to 27%
2009 Outgoing Reinsurance

13. Compensation paid by Russian reinsurers RUR 23. 343 bln. = USD 778
Compensation paid by Russian reinsurers RUR bln. = USD mln.
24% of transmitted premium
Compensation paid by foreign reinsurers RUR bln. = USD mln.
22.9% of transmitted abroad premium
2009 Outgoing Reinsurance

14. 2008
191
2009
176
Number of companies providing incoming reinsurance
Including 24 specialized Reinsurers
2009 Statistics

15. 2009
702 (693)
2009
464
Total number of insurance companies
Insurance companies providing outgoing reinsurance (66-67%)
2009 Statistics

16. 2009 Statistics Current requirements: RUR 30.0 mln. = USD 1.0 mln.
Expected: RUR mln. = USD 4.0 mln.
Conversion rates:
Property insurance RUR mln. = USD 4.0 mln.
Life insurance RUR mln. = USD 8.0mln.
Reinsurance RUR mln. = USD 16.0 mln.
Less than RUR mln. = USD 4.0 mln %
Market share – 7%
RUR mln. = USD 16.0 mln %
Market share – 78%
2009 Statistics

17. Building 1, 11/10 Letnikovskaya Str.,
Moscow Office:
Building 1, 11/10 Letnikovskaya Str.,
Moscow, , Russia
Tel/fax: +7 (495) ,
Contacts

18. EASTERN REINSURANCE COMPANY
EASTERN REINSURANCE COMPANY