UNITY RE LTD'

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UNITY RE LTD.
CORPORATE PROFILE - 2009
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History
Unity Re Ltd. was reorganized in September 2006
through rebranding of RESO Re a reinsurance
company, member of insurance Group RESO. Since
2004, the company has been actively developing
business with Russia, CIS overseas markets.
The companys history comes from 19.09.1991
when North-west insurance company was registered
and then acquired by Group RESO and renamed into
RESO Re.
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Capital, license, shareholders
Currently, the paid-up capital of Unity Re is
300M RURwhich is one of the largest among
professional Russian reinsurers in the market.
The actual reinsurance license is No. 1643 77
of 04.07.2007. The shareholders funds as at
01.01.09?. 474,9M RUR The 100 shareholder of
Unity Re is Group RESO- one of the leading
insurance holdings within Russia CIS. The core
of the holding is Russian market leading
insurance company RESO-Garantia.
Since 2007, KPMG has been appointed the official
auditor of Unity Re for IFRS/IAS and RAP.
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International ratings
Unity Re has the following actual international
ratings assigned

• Rating reports specially outline Unity Res
• Good capitalization
• Profitability
• Strong position in the domestic market
• Very good level of retrocession protection

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International ratings
The ratings are based on the company's good
capitalization and good quality of fixed-income
investments, though these positive factors are
partly offset by the quite high industry risk of
operating in the Russia Operating
performance is adequate, reflecting good profits
for the last three years The company
benefits from good capitalization, capital
adequacy, and reinsurance protection
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International ratings
Comparable rating levels assigned in CIS (as at
01.02.09?.)
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Portfolio - LOB
The scope of Unity Res activities is classic
reinsurance, where the company offers coverage
for all major lines of business general
property, construction, energy and petrochemical,
cargo, marine hull, aviation, accident health,
financial risks and liability. For 2005-2008,
Unity Re has formed a balanced and well
diversified inward portfolio based on large
property accounts from metallurgical,
petrochemical and commercial trade sector
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Portfolio - Partners

• 329 insurance, reinsurance, broking companies
  from Russia, CIS and international market
• 287 companies from Russia, inc. ALL companies
  from TOP-50
• 25 companies from CIS, inc. all market leaders in
  Ukraine, Belarus, Kazakhstan, Georgia,
  Azerbaijan, Turkmenistan
• close cooperation with all largest brokers
  operating in Russia overseas Malakut, Rifams,
  AFM, Marsh, Willis, AonBenfield, THB-PWS,
  Glencairn, Asiare

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Portfolio Geographical Layout
The major geographical scope of Unity Res
business is focused at Russia
CIS. Additionally, since 2006, Unity Re has
intensified its activities in overseas markets,
writing business from South-East Asia, Central
South America and Africa.
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2008 General results

• Reinsurance market share 2,5 (2007 1,05
  2006 - 0,8)
• Ranking position Top-5 specialist reinsurers
  writing genuine reinsurance
• Partners 287 companies from Russia (inc. 100
  Top-50) 25 companies from CIS 17 companies from
  overseas
• NPW per one employee 47,5M RUR
• Renewal ratio 91,5
• The most respectable international rating agency
  granted its rating to Unity Re
• Extended capacity for various lines of business
  from domestic market and from overseas.

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2008 Market position
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2008 Market position
Top-16 of inward R/I market players, 2008
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2008 - Financials
GPW and Claims, RAP
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2008 - Financials
Shareholders funds, RAP
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2008 - Financials
Assets, reserves, RAP
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2008 - Financials
Basic financial statements, IFRS
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Largest paid claims, 2006-2008
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For the period up to 2009 Unity Re

• belongs to one of the largest insurance groups in
  Russia CIS Group RESO
• is shareholded by Russian insurance market leader
  RESO Group
• has one of the largest paid-up capital among
  Russian reinsurers 300M USD
• is the major national treaty reinsurer 175
  written inward treaties for 2008
• employs 16 high-skilled professionals with an
  average experience of 10 years
• handles a balanced inward portfolio with the
  share of Property of over 50
• has gained an indisputable authority among over
  300 constant partners
• acts exclusively in the open competitive R/I
  market with risky business

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Capacity for 2009
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Contacts
123995, Russian Federation, Moscow, Novinskiy
boulevard, 13, build 4, office 207 Tel. 7 495
956 6589Fax [phone] E-mail
re_at_unityre.ru www.unityre.ru