3. Barbican Insurance Group

4. An introduction

5. Barbican Insurance Group Structure

6. Barbican Group Holdings Ltd Barbican Reinsurance Company Ltd Barbican Holdings (UK) Ltd Barbican Corporate Member Ltd Guernsey

7. Barbican Group Holdings Ltd Barbican Reinsurance Company Ltd Barbican Holdings (UK) Ltd Barbican Corporate Member Ltd Guernsey Quota Share & Stop Loss reinsurance

8. Barbican Group Holdings Ltd Barbican Reinsurance Company Ltd Barbican Holdings (UK) Ltd Barbican Corporate Member Ltd Syndicate 1955 at Lloyd’s Guernsey Carlson CapitalSteel Partners

9. Barbican Group Holdings Ltd Barbican Reinsurance Company Ltd Barbican Holdings (UK) Ltd Barbican Corporate Member Ltd Syndicate 1955 at Lloyd’s Carlson CapitalSteel Partners Barbican ownership

10. Barbican philosophy Intelligent and responsive underwriting

11. Barbican philosophy Intelligent and responsive underwriting Expert risk solutions, first class service

12. Barbican philosophy Intelligent and responsive underwriting Expert risk solutions, first class service Lasting commitment to the market

13. Barbican philosophy Intelligent and responsive underwriting Expert risk solutions, first class service Lasting commitment to the market Consistency, reliability and value

14. A seasoned team Barbican senior management

15. David Reeves Chief Executive Officer Formerly director RSA Commercial Division; headed Motability account; co-founded Global Aerospace

16. Barbican senior management David Reeves Chief Executive Officer Jon Godfray Chief Operating Officer Formerly COO Endurance Worldwide; Head of Operations RSA London

17. Barbican senior management David Reeves Chief Executive Officer Jon Godfray Chief Operating Officer Mark Harrington Chief Underwriting Officer/Active Underwriter Led QBE Syndicate 2000; Active Underwriter for Limit; Underwriting Manager Zurich Re

18. Barbican senior management David Reeves Chief Executive Officer Jon Godfray Chief Operating Officer Mark Harrington Chief Underwriting Officer/Active Underwriter

19. Barbican business mix International Casualty Treaty N American Casualty Treaty Property Marine Reinsurance Healthcare Liability UK SME Insurance

20. Barbican business mix International Casualty Treaty N American Casualty Treaty Property Property Treaty Marine Insurance Marine Reinsurance Healthcare Liability UK SME Insurance Specialty Nuclear

21. Our initial thoughts on Guernsey

22. Top of offshore comparison tables!

23. Our initial thoughts on Guernsey Top of offshore comparison tables! Advisers in support: Ashurst, E&Y, Kinmont

24. Our initial thoughts on Guernsey Top of offshore comparison tables! Advisers in support: Ashurst, E&Y, Kinmont Expenses: lowest cost option

25. Our initial thoughts on Guernsey Top of offshore comparison tables! Advisers in support: Ashurst, E&Y, Kinmont Expenses: lowest cost option Travel aspects

26. Our initial thoughts on Guernsey Top of offshore comparison tables! Advisers in support: Ashurst, E&Y, Kinmont Expenses: lowest cost option Travel aspects Guernsey and London combination an important differentiator

27. What happened in practice?

28. Regulator is practical and fast

29. What happened in practice? Regulator is practical and fast Capital modelling is straightforward

30. What happened in practice? Regulator is practical and fast Capital modelling is straightforward Changes to plan are negotiable

31. What happened in practice? Regulator is practical and fast Capital modelling is straightforward Changes to plan are negotiable No political issues

32. What happened in practice? Regulator is practical and fast Capital modelling is straightforward Changes to plan are negotiable No political issues No surprises

33. Next steps

34. Formation of a domestic insurer: Barbican Channel Islands

35. Next steps Formation of a domestic insurer: Barbican Channel Islands Underwriting solutions for a unique marketplace

36. Next steps Formation of a domestic insurer: Barbican Channel Islands Underwriting solutions for a unique marketplace First class underwriting and claims service

37. Next steps Formation of a domestic insurer: Barbican Channel Islands Underwriting solutions for a unique marketplace First class underwriting and claims service Flexible group of commercial products

38. Next steps Formation of a domestic insurer: Barbican Channel Islands Underwriting solutions for a unique marketplace First class underwriting and claims service Flexible group of commercial products Genuine Channel Island market knowledge

39. Next steps Formation of a domestic insurer: Barbican Channel Islands Underwriting solutions for a unique marketplace First class underwriting and claims service Flexible group of commercial products Genuine Channel Island market knowledge

40. Next steps Formation of a domestic insurer: Barbican Channel Islands Launch of international reinsurance capability

41. Next steps Formation of a domestic insurer: Barbican Channel Islands Launch of international reinsurance capability Financial Solutions portfolio

42. Next steps Formation of a domestic insurer: Barbican Channel Islands Launch of international reinsurance capability Financial Solutions portfolio Dealing with a hard market!

43. Possible developments

44. Outsourcing more services from London

45. Possible developments Outsourcing more services from London Bringing corporate partners to Guernsey

46. Possible developments Outsourcing more services from London Bringing corporate partners to Guernsey Property Catastrophe Retro Fund

47. Possible developments Outsourcing more services from London Bringing corporate partners to Guernsey Property Catastrophe Retro Fund Rating for Barbican Reinsurance