Allianz Global Corporate Specialty SRMC Presentation Corporate Aviation

Allianz Global Corporate & Specialty® SRMC Presentation Corporate Aviation

Table of contents File name / department / author © Copyright Allianz SE 1 2 3 4 5 Definition and Uses Canadian Market Capacity Key Areas To Consider Additional Coverage Options Allianz- An Introduction 2

Definition and Uses Definition of Use: “Industrial Aid” means the operation of the aircraft by the Insured, but excluding any operation for hire or reward. Flights for which there is cost reimbursement shall be included within the definition of Industrial Aid. Typical Uses include: Executive Transportation, Employee Shuttle, Utility work on behalf of the Named Insured Typical aircraft types Allianz Corporate clients operate: Single Aircraft operations Bombardier BD 100 /Boeing BBJ Managed Fleet Mixed type including Global Express Executive Charter Citation/Falcon and Bombardier aircraft File name / department / author © Copyright Allianz SE 3

Canadian Market Capacity Canadian Aviation Market Premium: All Aviation Business: $250, 000 (Industrial Aid approx 10% of total) Allianz Aviation Share: $ 46, 000 Allianz Capacity: Hull Value: $ 75, 000 Liability Limit: $550, 000 Passenger Seats: 50 Exposure: High Values and Limits with low utilization. File name / department / author © Copyright Allianz SE 4

Key areas to consider Insurer: Aircraft type and age Pilot qualifications and annual recurrent simulator training Who performs the maintenance Area of Operation including EU due to high limit requirements for flights into European Airspace Annual Utilization Safety Management Systems Claims Record Client: operation for local File name / department / author © Copyright Allianz SE Aircraft Hull Physical Damage value - is this sufficient Liability Limit – is this sufficient to meet contractual /area of minimum requirements Coverage Extensions including Loss of Use War Risks Write-back Hull & Liability Stability of Insurer and ability to manage claims Worldwide, licensing policies 5

Additional Coverage Options Aircraft Hull Deductibles Nil Medical Payments$10, 000 per passenger / crew Automatic Insurance for Increase In Value+25% of value Baggage Liability$10, 000 per passenger / crew Emergency Landing Expense Up to 20% of insured value Extra Expense – Renting Substitute Aircraft no per day amount /$300, 000 per occurrence / 60 days max / 5 day wait period Extra Expense – Temporary Replacement Aircraft Parts $50, 000 Host Liquor Liability $Policy Limit / aggregate Physical Damage to Spare Engines and Parts $1, 000 / $1, 000 deductible Employee Mechanics Tools $25, 000 per employee/occurrence - $1, 000 deductible Policy Territory Worldwide Runway or Aircraft Foaming $250, 000 Search and Rescue Expenses $250, 000 Trip Interruption Expense $10, 000 per passenger Unearned Premium Insurance War Risks - Hull Included War Risks – Liability $Policy Limit / up to max $50, 000 occurrence/ aggregate Contingent Employers Liability Mexican Policy Included for no additional cost File name / department / author © Copyright Allianz SE 6

Additional Coverage Options Premises Liability $Policy Limit Mobile Equipment Liability $Policy Limit Hangars and Contents of Others (TLL)$1, 000 Premises Medical Coverage $10, 000 each person Hangar Keepers Liability $Policy Limit each aircraft/occurrence / $1, 000 Deductible Products Liability - Sale of Aircraft & Parts, Maintenance, Food, Beverages $Policy Limit / aggregate Automatic Attachment for Newly Acquired Aircraft up to $Highest insured value / 55 seats - FW/RW Land Cargo Liability $250, 000 / $1, 000 deductible Personal Injury Liability$25, 000 offence/aggregate or aircraft limit, whichever is less Passenger Voluntary Settlement $250, 000 including crew Non-Owned Hull $Highest insured value / max 50 seats / FW/RW Land / Standard Airworthiness Certificate Non-Owned Liability $Policy Limit / max 50 seats / FW/RW Land / Standard Airworthiness Certificate Non-Owned Medical Payments$10, 000 per passenger Limited Contractual Liability Included / 30 day report Lay Up Credit Provision 50% Hull & Liability / Minimum 45 day lay-up Date Recognition Exclusion – Limited Write-back Provision File name / department / author © Copyright Allianz SE 7

Corporate Aircraft Policy File name / department / author © Copyright Allianz SE 8

Allianz An Introduction Allianz Group is one of the world’s leading insurers and financial services providers § Founded in 1890 in Berlin, Allianz companies now extend to over 70 countries with more than 155, 000 employees and 75 million customers § Insurer financial strength rating of AA (‘Stable’) from S&P and A+ (‘Stable’) from A. M. Best § International network of strong brands, with first-class products in the fields of: 1. property and casualty insurance 2. life and health insurance 3. asset management For more information visit www. allianz. com File name / department / author © Copyright Allianz SE 9

Allianz Ahead worldwide § Number 1 in P&C business § Number 5 in Life business § Number 1 in Credit insurance § Largest global Assistance provider § Top 5 asset manager globally § Among global Top 3 insurers based on market capitalization § Among the highest rated global P&C insurers in the world § Among the Top 20 of the world’s largest corporations based on revenues 1 1)As per 2010 Fortune Global 500© report All rankings based on 2009 or 2010 data File name / department / author © Copyright Allianz SE 10

Allianz SE Results 2010 In summary § Strong performance in 2010 § Revenues up 9. 3% to € 106. 5 bn § Strong operating profit (+17%) at € 8. 2 bn § Net income up 12. 0% to € 5. 2 bn § P&C business: € 4. 3 bn operating profit (+5. 9%) despite challenging Nat. Cat year § L&H business: continued strong growth, € 2. 9 bn operating profit § Shareholders’ equity up 10. 9% to € 44. 5 bn § Group solvency ratio up 9%-points to 173% as at December 31 st 2010 § Allianz SE maintains its strong financial ratings 1 Record revenues achieved 2 Over € 1 bn in Nat. Cat claims paid 3 € 91. 4 bn paid to insurance customers 4 Diversified business key to strength 5 Solvency ratio further improved 6 Excellent capital position S&P commentary (Sep 2010): “stronger capitalization compared with global multiline peers” · “very strong financial flexibility” · “continuously resilient and very strong earnings capacity” File name / department / author © Copyright Allianz SE 11

Allianz Global Corporate & Specialty Established financial security through diversity Gross written premiums 2010 by business line Gross written premiums 2010 by region § Total combined gross premium 2010: € 4 billion § Significant underwriting capacity for large corporate risks worldwide § A diversified business portfolio – both by segment and geography Benefits of such diversity include lower capital requirements and smoothed performance – ensuring sustainability and stability for our clients. File name / department / author © Copyright Allianz SE 12

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