1. Why Lloyd’s?

2. © Lloyd’s 2007Why Lloyd's?2 The world’s leading specialist insurance market 93% of Dow Jones Industrial Average companies 92% of FTSE 100 companies 86% of Fortune Top 50 European companies 81% of Fortune 500 US companies Top 7 pharmaceutical companies Top 20 banks It provides insurance for the majority of the world’s largest companies It has a global reach and local depth. It does business in over 200 countries. Source: Lloyd’s

3. © Lloyd’s 2007Why Lloyd's?3 Lloyd’s is trusted to insure the world’s toughest risks We have always led the way, being the first to underwrite motor, aviation and satellite insurance. From covering events such as Wimbledon, to insuring helicopters in war torn Baghdad, Lloyd’s underwriters excel in devising tailored, innovative solutions for complex risks. Source: Lloyd’s

4. © Lloyd’s 2007Why Lloyd's?4 A market structure which encourages innovation, speed and value Corporate Groups Individuals (unlimited liability) Individuals (through companies and limited partnerships) Reinsureds Commercial Personal 42 Managing Agents 66 Syndicates CLIENTSmembers Business flowCapital provision Source: Lloyd’s Service Companies Lloyd’s Brokers Corporation of Lloyd’s Immediate access to decision-makers means that answers on whether a risk can be placed are made quickly, making it attractive to policyholders and participants alike

5. © Lloyd’s 2007Why Lloyd's?5 An unrivalled concentration of specialist underwriting expertise and talent The market attracts top underwriters and brokers who are… …supported by a high quality, diverse capital base. Source: Lloyd’s

6. © Lloyd’s 2007Why Lloyd's?6 An outstanding reputation for paying valid claims The San Francisco earthquake in 1906 and more recently Hurricane Katrina cemented Lloyd’s track record for paying valid claims. After 9/11 Lloyd’s was commended for paying claims swiftly. We believe in protecting policyholders rather than quibbling. Source: Lloyd’s

7. © Lloyd’s 2007Why Lloyd's?7 A secure and disciplined market with strong, stable ratings A ‘Excellent’ Affirmed 29 March 2007 Stable Outlook A+ ‘Strong’ Affirmed 28 March 2007 Stable Outlook A+ ‘Strong’ Affirmed 23 April 2007 Stable Outlook The Lloyd’s Market Ratings apply to all business underwritten by all syndicates Source: Lloyd’s The reputation of Lloyd’s for first-class security is recognised by three leading independent rating agencies.

8. © Lloyd’s 2007Why Lloyd's?8 A bold, vibrant, thriving international business with the ability to accept £16.1 billion in insurance premium. Lloyd’s is one of the best known brands in global insurance, and has been for over 300 years. As it trades into the 21 st Century, the Lloyd’s market continues to be at the forefront of world insurance. Source: Lloyd’s

9. © Lloyd’s 2007Why Lloyd's?9