Rated by senior insurance and reinsurance executives, Reactions is seen as a market leading information source Reaction is considered better than its competitors for providing trusted analysis and reliable news Reflecting global business, readership of Reactions is from more than one market, providing reach to the London Market, Continental Europe and North America, and a growing interest from developing markets

2 REASONS FOR SUBSCRIBING TO REACTIONS Q. Why do you use – please can you give us specific reason(s) for using this source? RELEVANT EXAMPLE COMMENTS “Comprehensive and easy to read format” “Comprehensive, good coverage, and fresh data..” “Easily accessible - good updates and reminded to access them through prompts” “Good global view of market” “Good international mix of news” “Greater coverage and insights of the reinsurance market. Articles are easy to read and do give a different perspective from most other journals.” “Has good global perspective.” “As a source of what is happening in the global reinsurance market place” “Broad and trusted coverage” “Broad coverage of Insurance & Reinsurance Industry” “Clear articles. Concise. Accurate” “It is a trusted source about important issues affecting insurance.” “It is international and of a very high quality - well regarded by the market” “it provides timely global news and market analysis” Survey by Fusion Communications Ltd. Sept 2012 COMPREHENSIVE ACCESSIBLE / EASY TO USE GLOBAL / INTERNATIONAL UP TO DATE FOCUSED / REINSURANCE DIFFERENT / UNIQUE PERSPECTIVE TRUSTED QUALITY

3 REACTIONS READER PROFILE – JOB TITLE Q. Which of the following best describes your job title/function? Including but not limited to: Account Director, Analyst, Assistant Director, Assistant Vice President, Associate Director, Associate I.T. Audit Director, Business Development Manager, Business Strategy Manager, CEO, CFO, Chief economist, Chief Investment Officer, Chief Risk Officer, Claims Lawyer, Compliance Officer, COO, Deputy Chief Auditor, Divisional SVP, Managing Director, Executive Director, Finance Director, Group Vice President, Communications, Head - Commodities Financing & Corporate Operations, Head of bank relations section, head of base metals department, Head of China & Head of Strategy Asia, Head of Corporate Risk, Head of Exposure Management, head of group Internal Audit, Head of Group Tax, Head of Indirect Taxes, Head of Internal Audit and Risk, Head of Maintenance Department, Head of Metals Purchasing Marketing, Head of Procurement, Head of Reinsurance, Head of Reinsurance Claims and Run-Off, Head of Risk Management, Head of Strategy & Development, Head of Tax, Europe, Head of Trade Finance, Head of Treasury Center, Head, Global Risk Department, Head, Petroleum Downstream, Ministry of Energy, Republic of Ghana, Healthcare Risk Control Consulting Director, Industry Portfolio Manager, Investment manager, Librarian, Manager Operational Risk, Marketing Manager, Managing Director, Non-Exec Director, Chairman of Audit and Deputy Chairman of Risk, Operational Director, President, President and CEO, President and Director for Latin America, Principal, Purchasing manager, Reinsurance Director, Reinsurance Manager, Risk Controller, Risk Manager, Sales Director, Senior associate, Senior Auditor, Senior Commercial Underwriter, Senior Director and Regional, Head of EMEA Treasury Operations, Senior director, commercial lines, Senior Director, Corporate Services, Senior Investment Analyst, Senior Investment Professional, Senior Legal Counsel, Senior Manager, Senior Research Officer, Senior Risk Analyst, Senior Risk Manager, Senior Tax Manager, Senior Underwriter, Senior Vice President, SVP - Chief Actuary Americas, SVP - Chief Audit Executive, SVP and General Counsel, SVP Client Affairs, Treasurer, Underwriting manager, Vice President, Vice President - Corporate Development, Vice President & Environmental Risk Practice Leader, Vice President Global Ceded Reinsurance, Vice President, Commerical Contracts & Marketing, Vice President, Modelling, Vice President; Director of Enterprise Risk Management, Vice President-Senior Treaty U/W Vice President - Chief Risk Officer, VP Controller,VP LIU Latin Amarica Operations, VP, Marketing Segment Manager Survey by Fusion Communications Ltd. Sept 2012 Senior audience - Most popular job functions are Managing Director, C-Suite, President, SVP / VP and ‘Head of…’

4 REACTIONS READER PROFILE – AREAS OF RESPONSIBILITY Survey by Fusion Communications Ltd. Sept Q. Please tell us your job title?

5 REACTIONS READER PROFILE - INFORMATION NEEDS Survey by Fusion Communications Ltd. Sept Q. Which of the following MARKET SECTORS are directly important to you in your role, and which others do you find of general interest?

6 REACTIONS READER PROFILE – REGIONAL INTEREST Survey by Fusion Communications Ltd. Sept Q. Which of the following countries and regions are directly important to you in your role, and which others do you find of general interest?

REACTIONS READERSHIP FIGURES – ABC print audited circulation 8,025 copies PluPPlus 4,000 digital PDF downloads for 12,000 circulation

REACTIONS READERSHIP FIGURES – ABC print audited circulation 8,025 copies PPlus 4,000 digital PDF downloads for 12,000 circulation

REACTIONS READERSHIP FIGURES – Annual website traffic: 182,000 visitors to the homepage Yearly data (30 July July 2013) 393,000 page views 182,000 visitors 2.16 page views per visit 92,800 new visitors 441 average visitors per day 5 minutes 56 seconds average time on site Browsers by geography 33% USA 28% UK 12% Europe

REACTIONS READERSHIP FIGURES – Weekly & Monthly website traffic Weekly data (23/ –29/7/2013) 8, 150 page views 3,860 visitors 2.11 page views per visit 1,760 new visitors 476 average visitors per day 6 minutes 20 seconds average time on site Monthly data (2/7/ /7/2013) 32,000 page views 15,100 visitors 2.13 page views per visit 7,210 new visitors 470 average visitors per day 6 minutes 22 seconds average time on site

REACTIONS READERSHIP FIGURES – Weekly alerts to 4,200 addresses

Reactions events – 2013/2014 Sponsorship opportunities available upon request Americas February. 2 nd Annual Insurance Regulation Forum, New York March. Colombian Re/Insurance Conference, Bogota April. 3 rd Annual Insurance Data & Analytics Summit, New York. In Partnership with ACORD May. 2nd Annual Latin America Re/Insurance Conference, Miami Latin America Awards Dinner, Miami June. 3 rd Annual Insurance Asset Management forum, New York June. Inaugural Reactions Claims Forum, New York August. 6 th Annual Brazil Re/Insurance Conference, Sao Paulo September. Mexican Re/Insurance Conference, Mexico City Americas September. 2 nd Annual Midwest Insurance Data & Analytics Summit, Chicago. In Partnership with ACORD September. 6th Annual North America Reactions Re/Insurance Conference, New York September. 9th Annual Global Reactions Awards Dinner, Cipriani’s, New York Europe February. 2 nd Annual Turkish Insurance & Reinsurance conference, Istanbul March. Polish Insurance & Reinsurance conference, Warsaw March. Russian Insurance & Reinsurance conference, Moscow June. The European Insurance & Reinsurance Conference, Zurich June. Annual Reaction London Market Awards Dinner, London

Reactions daily newsletters – 2013/2014 advertising & sponsorship opportunities available upon request Monte Carlo, Rendezvous – Rendez-vous Reporter, September PCI – PCI Reporter, October Baden Baden – Baden Baden Reporter, October