ACE GROUP

1
ACE GROUP

• Union of Myanmar Federation of Chamber of
  Commerce and Industry
• The United States Chamber of Commerce
• US-Myanmar Economic Relations The Path Forward
• Yangon, Myanmar
• February 25, 2013

2
Who We Are

• The worlds eighth-largest multiline Property
  Casualty insurer, based on market capitalization
  of US27.2 billion.
• A truly global company, with local operations in
  53 countries.
• Insurance is our only business commercial and
  personal PC, Personal Accident, Supplemental
  Health, Reinsurance and Life.
• ACE Limited, parent company of the ACE Group, is
  listed on the New York Stock Exchange (NYSE ACE)
  and is a component of the SP 500 index.
• Exceptional financial strength, managing risk
  conservatively in both underwriting and
  investing.
• Core operating insurance companies are rated
  AA- (Very Strong) for Financial Strength by
  SP and A (Superior) by A.M. Best.
• As of December 31, 2012

3

• Myanmar
• Insurance, Society Economy

4
Ways Insurance Helps Promote Protect Economic
Growth

• Encourages and Marshalls national savings
• Spreads Risk and Reduces Volatility
• Compliments and/or Substitutes Government Social
  Security Schemes (taking pressure off of
  government-funded schemes)
• Makes Trade, Investment and Commerce possible
  (Particularly International)
• Enhances private and public organizations risk
  management
• Protects individual and corporate assets,
  attracts capital and sustains infrastructure
  development
• Provides much-needed protection and capital
  following natural catastrophes e.g., 2008 Cyclone
  Nargis which caused over US10 Billion in damages

5
Ways Insurance Helps Promote Protect Economic
Growth

• Savings
• Mechanisms for personal savings e.g., Endowment
  Policies, etc.
• Mechanisms for protecting personal savings e.g.,
  Credit Life, Term Insurance
• Stabilizes Organizations Enhances
  Competitiveness
• SME Segment Efficient, streamlined insurance
  products protect assets, liabilities and
  employees e.g., Property (Fire), Third-Party
  Liability Workers Compensation
• Export Segment Trade Credit Insurance Marine
  Cargo Insurance and Export Products Liability to
  facilitate the export of goods services
• Banking Financial Services Sector Bankers
  Blanket Bond (BBB) DO Electronic Computer
  Crime (ECC) Financial Institutions Professional
  Indemnity
• Corporate Individual Life Insurance e.g.,
  Key-Man
• Corporate Individual Accident Health
  Hospital Income Critical Illness Overseas
  Student Assistance Travel Insurance products
  protect supplement expenses

6
THANK YOU

• ACE Life