L

1
Lactuaire à létranger. Nicolas ROSSKOPF
2
Agenda

• Company Overview
• Legal environment in Luxemburg
• Actuarials

3
Strategy Company OverviewNPG's Markets
NPG targets highly affluent individuals (HAIs)
and high net worth individuals (HNWIs) in Western
and Northern Europe
Geographical Coverage
Target Customers
Unbundled Products2)
HNWIs
Net assets 5-30m
Bundled Products1)
Net assets 2-5m
HAIs
Mass market
1) Bundled Product Standardized product with
fund managers and investment options selected by
NPG and managed within unit-linked life insurance
policies 2) Unbundled Product Bespoke product
with broader range of assets (incl. hedge funds,
private equity) selected by the client or fund
manager and managed within dedicated life
insurance policies.
Wealth management solutions and financial planning
Only wealth management solutions
Headquarter in Luxembourg
Confidential
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Strategy Company OverviewPositioning of NPG
NPG targets a specific, profitable niche in the
European Wealth Management landscape
cross-border solutions
principally in Europe
4.
1.
NPG provides
to the HAI segment and upwards
using investment-based life insurance products
2.
5.
via independent distribution.
with minimal residual guarantees
3.
6.
Confidential
5
2009 Financial Results of my group
In 2009, NPG profited from strong sales and
recovering financial markets

• The Wealth Management Business largely recovered
  in 2009 after the financial crisis.
• NPG's fees are partly linked to Assets under
  Management. The Group therefore profited from the
  recovery in equity markets.

Market Environment
New Business

• New sales performed well in 2009.
• NPG diversified its business

Key Figures

• At the end of the year, NPG managed client assets
  of 6.1bn
• ( 12).

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2009 Preliminary Financial ResultsClient Assets
In 2009, NPG's client assets grew by 12
( bn)
7.0
19
33
12
6.1
6.0
5.0
ATP BDA 0.3
4.0
ATP LUX 0.4
CUIL 0.6
3.0
2.0
PEL 2.9
1.0
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Agenda

• Company Overview
• Legal environment in Luxemburg
• Actuarials

8
Legal reporting
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Legal reporting
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Agenda

• Company Overview
• Legal environment in Luxemburg
• Actuarials

11
Moses beaucoup de sociétés à gérer.
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Currencies Risque de change à gérer.
Altraplan Assurance Altraplan Assurance Altraplan Assurance Altraplan Assurance

Currency conversion rates Currency conversion rates Currency conversion rates Currency conversion rates Balance sheet Red Fixed rate
(based on Euro closing rates) (based on Euro closing rates) (based on Euro closing rates) (based on Euro closing rates) Profit loss Blue Variable rate
As at 30 June 2008
SUN GLOBUS SUN GLOBUS
() (/) () (/)
USD (BM1) BM1 EUR (LU1) LU1 Period
USD USD EURO EURO

ATS Austria 0,114545 8,730222 0,072673 13,760300 2008006
AUD Australia 0,959417 1,042300 0,609236 1,641400 2008006
BEF Belgium 0,039072 25,593650 0,024789 40,339900 2008006
BMD Bermuda 1,000000 1,000000 0,634450 1,576168 2008006
CAD Canada 0,985804 1,014400 0,625586 1,598500 2008006
CHF Swiss Francs 0,981740 1,018600 0,623053 1,605000 2008006
CZK Czech Koruna 0,065902 15,174000 0,041812 23,916800 2008006
DEM Germany 0,805882 1,240876 0,511292 1,955830 2008006
DKK Denmark 0,211260 4,733500 0,134086 7,457900 2008006
ESP Spain 0,009473 105,563598 0,006010 166,386000 2008006
EUR Europe 1,576168 0,634450 1,000000 1,000000 2008006
FIM Finland 0,265092 3,772268 0,168188 5,945730 2008006
FRF France 0,240285 4,161719 0,152449 6,559570 2008006
GBP Britain 1,991040 0,502250 1,263344 0,791550 2008006
HKD Hong Kong 0,128240 7,797900 0,081387 12,286900 2008006
I000 Italian lira 1000 0,814023 1,228467 0,516457 1,936270 2008006
IEP Ireland 2,001321 0,499670 1,269738 0,787564 2008006
ITL Italian lira 0,000814 1.228,466502 0,000516 1.936,270000 2008006
JPY Japan 0,009433 106,015000 0,005988 166,990000 2008006
LTL Lithuania 0,456329 2,191400 0,289589 3,453170 2008006
LUF Luxembourg 0,039072 25,593650 0,024789 40,339900 2008006
NLG Netherlands 0,715234 1,398144 0,453780 2,203710 2008006
NOK Norway 0,196313 5,093900 0,124632 8,023600 2008006
NZD New Zeland dollars 0,761035 1,314000 0,483092 2,070000 2008006
PTE Portugal 0,007862 127,195805 0,004988 200,482000 2008006
SEK Sweden 0,166246 6,015200 0,105505 9,478200 2008006
USD US of America 1,000000 1,000000 0,634450 1,576168 2008006
XEU CEE 1,576168 0,634450 1,000000 1,000000 2008006
ZAR South Africa 0,127733 7,828800 0,081053 12,337600 2008006
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Tables de mortalité Beaucoup de tables
différentes
Private Estate Life - MoSes Application - Mortality tables Private Estate Life - MoSes Application - Mortality tables Private Estate Life - MoSes Application - Mortality tables Private Estate Life - MoSes Application - Mortality tables
Directory C\moses\NPGWM\2009Q4\tables\In_Force\ C\moses\NPGWM\2009Q4\tables\In_Force\  
Filename C\moses\NPGWM\2009Q4\tables\In_Force\Mortality Tables.xls C\moses\NPGWM\2009Q4\tables\In_Force\Mortality Tables.xls  
  Save Table? Description Date saved
MK Y Belgian MK Mortality tablke (Males) 4/10/2010 1108
FK Y Belgian FK Mortality tablke (Females) 4/10/2010 1108
gbm7680 Y Gbm 7680 Base Females - Ultimate Rates 4/10/2010 1108
gbm8085 Y Gbm 8085 Base Females 4/10/2010 1108
gbm8590 Y Gbm 8590 Base Males 4/10/2010 1109
gbm9095 Y Table Gbm 9095 Base Table 4/10/2010 1109
gbv7680 Y Gbv 7680 Base Females - Ultimate Rates 4/10/2010 1109
gbv8085 Y Gbv 8085 Base Females - Ultimate Rates 4/10/2010 1109
gbv8590 Y Gbv 8590 Base Males - Ultimate Rates 4/10/2010 1109
gbv9095 Y Table Gbv 9095 Base Table - Ultimate Rates 4/10/2010 1109
G82M Y Danish Mortality Table G82 Male 4/10/2010 1109
G82F Y Danish Mortality Table G82 Female 4/10/2010 1109
T84M Y CUIL Mortality Table T84 Male 4/10/2010 1109
T84F Y CUIL Mortality Table T84 Female 4/10/2010 1109