Renaissance Life Company

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Renaissance Life Company
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About the company

• Insurance company Renaissance life was founded
  in September 2004
• Basic activity Life assurance
• Renaissance Life received a license ? 4893 ? of
  Federal Service of Insurance Inspection, Russian
  Federation, on March 21, 2005.

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About the company

• Sputnik Group (70 of share capital).
  Investments are carried out through Renaissance
  Insurance company
• European Bank for Reconstruction and Development
  (30 of share capital)
• Total investment volume is 11 million USD.
  Total planned investments volume is 36 million
  USD in the period of 2004-2009
• Limited liability company (LLC)
• 86 941 142 RUR

• Promoters
• Size of Investment
• Organizational Structure
• Initial size of authorized capital

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Reasons for foundation of the company

• Excellent Prospects for the life assurance
  market.
• Stability of economic and political situation
  (increase of GDP volume contributes to market
  development).
• Reliability and financial stability of
  investors.
• Independent research indicates that the total
  market volume will be increased from 660 million
  USD. up to 1,5 billion USD by 2008.
• A new group of consumers have been founded in
  Russia families with the income that is 300
  USD or more per capita.

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Investors

• European bank for Reconstruction and Development
• Established in 1991
• Aggregate authorized capital 20 billion Euro
• Total investments volume exceeds 25 billion Euro
• More than 1100 investment projects (30 of them
  are in insurance)
• The operations volume has reached 5,9 billion
  Euro
• in Russia since 1991
• The following ratings confirm the strength and
  reliability of the bank
• ??? Standard Poor's
• ??? Moody's

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Promoters
60 countries and 2 international organizations
(European Union and European Investment Bank) are
the owners of the European Bank for
Reconstruction and Development
Russia 800 million Euro
Japan 1,7 billion Euro
USA 2 billion Euro
France1,7 billion Euro Germany 1,7 billion
Euro Italy 1,7 billion Euro UK 1,7 billion
Euro ?? 600 billion Euro
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Promoters

• LLC Renaissance Insurance Group
• Founded in 1997
• Licences for 60 classes of insurance
• The authorized capital of the company is 678 910
  000 RUR
• It is one of the leading insurance companies in
  Russia
• The main shareholder of Renaissance Insurance
  
• Sputnik Group one of the largest and most stable
  investment groups in Russia.

Office locations
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Promoters
LLC Sputnik Group

• Founded in 1998
• It is one of the largest investment companies in
  Russia
• The total investments volume into the Russian
  market during the period of 1995-2004 is more
  than 1 billion USD including the investment
  capital of companies such as Harvard University
  Endowment, Soros Fund Management, Morgan Stanley
  Asset Management amongst many others.
• Total assets in excess of 500m including
  Renaissance Insurance, the Publishing house
  ?fisha, National Timber Company, as well
  companies in the UK, Germany and the USA.
• More than 90 of investments of Sputnik Group
  are realized in projects in Russia, CIS, with
  10 being realized in international projects.

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Renaissance Life aims and principles

• To be a leading professional company offering
  products service and management of the highest
  quality,
• To be one of the top 3 Life Insurance companies
  by 2009
• High level of corporate culture
• International management standards
• High level of services
• Profitable for clients
• Developed on the basis of western best practice
  standards

• Strategic aims
• Principles of Renaissance Life

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Agency Infrastructure

• Sale channels

• Affiliates and offices in major cities of RF
• Teams of professional consultants (agents) in
  cities of RF.

2006
2005
S.-Petersburg
Moscow
N.Novgorod
Perm
Kazan
Ekaterinburg
Ufa
Samara
Rostov
Krasnoyarsk
Chelyabinsk
Krasnodar
Omsk
Novosibirsk
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The People

• Staff
• Board of Directors

• International team of managers (involvement of
  best western specialists and managers having
  successful experience on Russian market).
• High international standards and orientation to
  staff development.
• Representatives of the European Bank for
  Reconstruction and Development, Sputnik Group
  and Renaissance Insurance.

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President

• On February 6, 2006 Austin Kimm was appointed
  CEO of Renaissance Life company
• Austin Kimm I think Renaissance Life has huge
  potential and by sticking to our principles of
  applying best western business practices, with
  the support of our shareholders I can see no
  reason why we can not achieve a top three
  position by the end of 2009

• Austin Kimm has worked more than 18 years in the
  offices of AVIVA company.
• He was CEO of AVIVAs life subsidiary in the
  Czech Republic from 2002 to 2006.
• During the period of his leadership the company
  has become the profitable and prosperous one and
  its market share has doubled in size.