Rendez-Vous de Septembre Monte-Carlo September, 2002 Patrick Snowball Executive Director, Aviva UK General Insurance Market

Agenda £ / € Conversion Rate 1.6 Motor General Liability Domestic Property Commercial Property Introduction

UK GI Industry “Insurance Profit” Underwriting Result Investment Income "Insurance profit" "Insurance Profit" % of Premiums Written Euro billion % of Written Premiums Source : Warburg Dillon Read “UK Insurance Prospects” (February 1999)

Motor Underwriting Results Motor Premiums 2001 € 14,217 million Source : ABI - Insurance Statistics Yearbook % of Premiums Under writing Result (Euro million)

% of Premiums Under writing Result (Euro million) Domestic Property Premiums 2001 € 6,624 million Source : ABI - Insurance Statistics Yearbook Domestic Property U/W Results

Commercial Property U/W Results % of Premiums Under writing Result (Euro million) Commercial Property Premiums 2001 € 3,688 million Source : ABI - Insurance Statistics Yearbook

General Liability Underwriting Results % of Premiums Under writing Result (Euro million) General Liability Premiums 2001 € 2,871 million Source : ABI - Insurance Statistics Yearbook

UK General Business Premium Income By Class of Business NWP - Net Written Premiums Source : ABI Insurance Statistics Yearbook Motor Domestic Property Commercial Property General Liability NWP 10,418 7,025 3,383 2,559 3,443 11,270 6,220 3,505 2,084 3,837 NWP € million Pecuniary Loss Accident and Health4,590 4,825 Marine, A & T Total32,23532,366 12,634 6,249 3,686 2,011 4,007 5, , NWP 14,217 6,624 3,688 2,871 4,514 6, ,001

Underwriting Results by Class of Business Motor Domestic Property Commercial Property Pecuniary Loss General Liability € million (2,366) (457) (92) 348 (657) (1,473) (696) (420) 239 (551) Source : ABI - Insurance Statistics Yearbook Marine, A & T (66) (140) Accident and Health (43) (12) Total (3,333) (3,031) (2,088) (335) (325) 465 (379) (39) (118) (2,818) 2001 (197) (580) (912) (187) 101 (1,405) € million