FIAR 2014 Reinsurance Market Conference Reinsurance forecasts for in CEE 1. Reinsurer's strategy in presence in the region Effects of the withdrawal of the reinsurance support from certain traditional reinsurers - future perspectives 2. How the reinsurance market can support the insurance market development and diversification Tuesday, May 27, 2014 Brasov, Romania Sinisa Lovrincevic, M.Sc. Cyprus Branch General Manager

1. Reinsurer's strategy in presence in the region Effects of the withdrawal of the reinsurance support from certain traditional reinsurers - future perspectives Changes: World, Continents, Regions, Market, Environment, Demand & Supply Complexity: Concentration, Conflict, Climate, Catastrophe, Crisis, Competition, Claim Stakeholder Interests in Strategy People: Promise, Partnership, Perils, Planning, Product, Price, Performance, Profit Commitments: Capital, Cash, Confidence, Conditions, Cover, Capacity, Control Sensitivity: Support, Security, Stability, Supervision, Safety, Solvency, Standards Future perspective at present action: yesterday, today, after tomorrow © Copyright 2013 TRUST RE All rights reserved. No part of this presentation in all its property may be used or reproduced in any form or by any means without a written permission More and More Active People Engagement Ongoing Journey with Common Understanding

2. How the reinsurance market can support the insurance market development and diversification Leadership: Vision, Mission, Values, Objectives, Goals, Strategy Risk capital: adequate allocation to be ready to pay the future losses Long term commitments: based on trust, partnership and responsibility “Risk Chain” : close cooperation with active presence on the market, delivering/exchanging the know-how & experience & best practice Active communication: understanding of macro and micro changes in the risks pattern and consequences of risks interconnection with response plan Innovative solution: prompt responses always, with decisions based on integrated processes through entire corporation © Copyright 2013 TRUST RE All rights reserved. No part of this presentation in all its property may be used or reproduced in any form or by any means without a written permission

Long Term Commitment Trust Re, Reliable Risk Carrier “Our success since establishment reflects the strength of our mission, people, values and culture.” “On behalf of the Board of Directors, I would like to express my gratitude to all clients, producers, business associates and staff for their constant trust and support.” Mr Kamel Abunahl Trust Re Chairman Trust Re Annual Report March 2014 © Copyright 2011 TRUST All rights reserved. No part of this presentation in all its property may be used or reproduced in any form or by any means without a written permission

Responsibility, always and everywhere Trust Re, Reliable Risk Carrier “Trust Re celebrates its 25th anniversary in Our team’s spirit of enthusiasm to take on new challenges has supported our progress. “ “We will remain committed to live our values of Trust, Dynamic and Team Spirit so that we may come ever closer to achieving our vision to be “Reinsurer of Choice”.” “I would like to thank our employees in Bahrain Head office as well as in Cyprus and Labuan Branch offices. The commendable result for 2013 would not have been achieved without their hard work, commitment and knowledge. With their dedication, we are confident that we will consistently be able to add value to our partners by providing top financial security, capacity, excellent customer service and prompt claims payment.” Mr Fadi AbuNahl Trust Re CEO Trust Re Annual Report March 2014 © Copyright 2011 TRUST All rights reserved. No part of this presentation in all its property may be used or reproduced in any form or by any means without a written permission

A.M. Best Rating A- (Excellent) Outlook: Stable Effective Date: 22nd August 2013 Q&A

Thank You and very welcome to visit us Trust Re Cyprus Branch CEE, SEE, CIS T: F: Ariadne House 333 4th Floor, Office No th October Street, CY-3106 P.O.Box 58024, CY-3730 Limassol, Cyprus © Copyright 2013 TRUST RE All rights reserved. No part of this presentation in all its property may be used or reproduced in any form or by any means without a written permission