CANOPIUS EXCESS CASUALTY } CANOPIUS GROUP > Global specialty (re)insurance platform of NKSJ Holdings, Inc. > 100% owned by Sompo Japan Insurance Inc, a subsidiary of NKSJ Holdings, Inc. which is an A+ rated company with $90bn total assets and one of the top three Japanese insurers > Created via MBO in December 2003 > Offices in the UK, Ireland, Switzerland, Bermuda, US, Singapore and Australia > Three strategic business units: Global Property, Global Specialty and UK Specialty > Three strategic underwriting platforms >> Lloyd’s: Syndicates 4444, 958, and 260 managed by Canopius Managing Agents Limited, the ninth-largest managing agent >> Bermuda: Class 3A reinsurance company, Canopius Reinsurance Limited >> US: Surplus lines insurer, Canopius US Insurance, Inc. > Insurer Financial Strength (“IFS”) ratings: our syndicates share the Lloyd’s IFS ratings: A+ (Strong) from Standard & Poor’s and Fitch; A (Excellent) from A.M. Best. Canopius US has an IFS rating of A- (Excellent) from A.M. Best > 2013 financial highlights: gross written premium £866m; post-tax profit £99m; return on equity 25% > Total financial resources in excess of £600m > Canopius has a clear distinctive personality; we are ambitious, independent, measured and colourful 2014 Gross Written Premiums Under Management UK Specialty – £335m 28% Global Specialty – £366m 31% Global Property – £479m 41% Household – £106m 9% Marine – £66m 6% D&F Property – £70m 6% Specialist Property – £27m 2% Energy – £59m 5% N American Facilities – £213m 18% Comm Comb (Arista) – £75m 6% Marine Treaty – £54m 4% Property Treaty – £196m 17% PA & Travel – £30m 2.5% Casualty – £77m 6% Professional Indemnity – £3m 0.5% Casualty Treaty – £38m 3% UK Marine – £8m 1% Const & Engineering – £22m 2% Motor – £86m 7% International A&H – £8m 1% Crisis & Political Risk – £42m 4% EXCESS CASUALTY > Worldwide territorial scope > Serves a wide range of industries including utilities, energy, chemical, electronic, technology, construction, manufacturing and medical devices > Broad range of excess casualty coverage to Fortune 1000 and FTSE 250 industries > Provides insurance and facultative reinsurance > Appetites and capabilities >> Maximum limit $37.5m >> Minimum attachment point $25m >> Ability to underwrite on a stand-alone or subscription basis >> Available forms and coverage triggers include: Forms Triggers Occurrence reported Occurrence reported Bermuda shorts Claims made Follow form Occurrence Manuscript Limits Utilization by Top Ten Industry Classes Utilities – 21% Industrial – 5% Miscellaneous Energy – 14% Medical Device – 4% Customer Goods – 13% Manufacturing/Conglomerate – 4% Oil Major – 12% Rail – 11% Chemical – 11% Electronics/Technology – 5% CANOPIUS UNDERWRITING BERMUDA LIMITED > Established in 2007 > Wholly owned underwriting agency > Lloyd’s approved coverholder > Underwrites on behalf of Syndicate 4444 > Issues Lloyd’s paper providing A+/A security ratings and the peace of mind provided by Lloyd’s chain of security > Located in key hub for excess casualty business > Experienced and knowledgeable underwriting team delivering creative solutions > Flexibility to meet brokers’ requirements with ability to underwrite in Bermuda and London CONTACT US UNDERWRITING CLAIMS Stephen Hartwig Head of Excess Casualty +1 441 294 9434 [email protected] Fiona Sperry Deputy Head of Claims/ Head of Global Specialty Claims +44 20 7337 3872 [email protected] Jeremy Wright Vice President +1 441 294 9431 [email protected] Cherie Edwards Assistance Vice President +1 441 294 9436 [email protected] TECHNICAL ASSISTANCE / ADMINISTRATION Suzette Brooks Senior Analyst +1 441 294 9435 [email protected] Tracey Beach Technical Analyst +1 441 294 9451 [email protected] Graeme Sprowson Divisional Head of Claims – Marine/Energy +44 20 7337 3757 [email protected] Canopius Underwriting Bermuda Limited Atlantic House 11 Par-La-Ville Road Hamilton HM11 Bermuda +1 441 292 9905 www.canopius.com 06.06.14