AXA Africa Specialty Risks

1 AXA Africa Specialty Risks Holding LimitedRegistered Office:5 Old Broad Street, London, EC2N 1 ADRegistered in England No. Africa Specialty RisksAXA Africa Specialty RISKSG rowing a business in an emerging market can come with a wide range of issues. That s why AXA Africa Specialty Risks offers tailor-made coverage that s designed to help you mitigate Risks wherever Risk and Trade CreditAXA Africa Specialty Risks creates solutions that are built entirely around your world. We are here to give you the confidence to develop your business , helping to mitigate Risks wherever possible through our coverholder, Chaucer Syndicate 1084 and AXA Africa Specialty Risks focus on Specialty & Corporate lines, with coverage and an on-the-ground presence across Africa . We combine the reach and strength of one of the largest global P&C insurers with the expertise of Lloyd s and Chaucer in these and Lloyd s both have excellent international financial strength ratings (AXA: Fitch AA- and Standard & Poor s AA- | Lloyd s: Fitch AA- and Standard & Poor s A+).

2 To find out more about AXA Africa Specialty Risks visit Risk and Trade CreditOur offerOur offer includes CEND (Confiscation, Expropriation, Nationalisation & Deprivation), CCP (Construction Contractors Plant), contract frustration and trade credit, including non-payment and non-delivery by public and private obligors. It also includes exchange transfer, non-honouring of documentary letters of credit and the wrongful calling of on-demand also cover war on land and political violence in conjunction with the other perils risksWe protect fixed assets, including factories, mines and other industrial investments against expropriation and licence cancellation. We ll also cover mobile assets, including heavy plant equipment, stocks of commodities and generator sets against confiscation and wilful Line Size:Political Risks : US $60m | Trade Credit: US $30mContract risksWe protect against non-payment for goods or services provided to emerging countries and non-payment of letters of credit or guarantees offered by local banks or government entities.

3 We also protect against the non-delivery of pre-paid goods or services. This typically relates to the delivery of basic primary commodities produced in emerging market marketsWe target business originating from trade finance banks, commodity traders, telecoms companies, exporters, construction companies and temporary power insure Risks throughout the developing world and offer a long-term security of purchasing a non-cancellable policy with a policy period of up to seven Africa Specialty RisksAXA Africa Specialty Risks is a highly regarded, specialist team. We underwrite a broad war, terrorism and political violence offer, focusing on emerging Africa Specialty RISKSP olitical Violence and TerrorismAXA Africa Specialty Risks creates solutions that are built entirely around your world. We are here to give you the confidence to develop your business , helping to mitigate Risks wherever possible through our coverholder, Chaucer Syndicate 1084 and AXA Africa Specialty Risks focus on Specialty & Corporate lines, with coverage and an on-the-ground presence across Africa .

4 We combine the reach and strength of one of the largest global P&C insurers with the expertise of Lloyd s and Chaucer in these and Lloyd s both have excellent international financial strength ratings (AXA: Fitch AA- and Standard & Poor s AA- | Lloyd s: Fitch AA- and Standard & Poor s A+).To find out more about AXA Africa Specialty Risks visit Political Violence and Terrorismoffer covers six key areas: Global war, terrorism and political violence cover for non-marine assets, including commercial property, fixed and mobile assets, leisure and entertainment and civil or governmental property War, terrorism and strikes cover for transit risk worldwide, including inland and offshore transits Construction projects worldwide, for the full construction/erection period Third party terrorism liability, including third party property damage cover for UK and international Risks in marine and non-marine industries Energy-specific liability and control of well extra expense coverage arising from terrorism and political violence Event cancellation coverMaximum Line Size.

5 US $60mPolitical Violence and TerrorismAXA Africa Specialty RisksAXA Africa Specialty Risks provides you with a strong technical underwriting to protect your engineering and construction Africa Specialty RISKSC onstructionAXA Africa Specialty Risks creates solutions that are built entirely around your world. We are here to give you the confidence to develop your business , helping to mitigate Risks wherever possible through our coverholder, Chaucer Syndicate 1084 and AXA Africa Specialty Risks focus on Specialty & Corporate lines, with coverage and an on-the-ground presence across Africa . We combine the reach and strength of one of the largest global P&C insurers with the expertise of Lloyd s and Chaucer in these and Lloyd s both have excellent international financial strength ratings (AXA: Fitch AA- and Standard & Poor s AA- | Lloyd s: Fitch AA- and Standard & Poor s A+).Maximum Line Size:US $100mTo find out more about AXA Africa Specialty Risks visit specialise in operational cover for power and utilities Risks , as well as insurance solutions for construction projects.

6 These include: Contractors All Risks (CAR), Erection All Risks (EAR), Third Party Liability (TPL) and Advance Loss of Profit (ALOP) / Delay In Start-up (DSU) Power/UtilitiesWe target a broad spectrum of Risks , including: combined cycle, coal fired, diesel engine, hydroelectricity, solar, waste to energy, and wind turbine power plants. We also target utilities Risks such as: water treatment plants, district heating /cooling systems and desalination risksOur main focus is EAR in the power, oil and gas and traditional industries, and CAR in the public and private building sectors. We ensure that our participation is supported by technical risk management programmes aimed at loss avoidance and by close scrutiny of policy wordings. We tend to limit our involvement to projects with construction periods shorter than 60 also offer cover flexibility; writing both quota share and excess of loss offerAXA Africa Specialty RisksWe provide innovative insurance products for the energy industry.

7 Our clients range from multinational oil companies through to the energy interests of private Africa Specialty RISKSE nergyAXA Africa Specialty Risks creates solutions that are built entirely around your world. We are here to give you the confidence to develop your business , helping to mitigate Risks wherever possible through our coverholder, Chaucer Syndicate 1084 and AXA Africa Specialty Risks focus on Specialty & Corporate lines, with coverage and an on-the-ground presence across Africa . We combine the reach and strength of one of the largest global P&C insurers with the expertise of Lloyd s and Chaucer in these and Lloyd s both have excellent international financial strength ratings (AXA: Fitch AA- and Standard & Poor s AA- | Lloyd s: Fitch AA- and Standard & Poor s A+).To find out more about AXA Africa Specialty Risks visit Construction & LiabilitiesFrom development conception through to operation, we offer coverage for a broad range of energy asset types: operating platforms, shipyard owners, pipelines and sub-sea installations, mobile offshore drilling units, onshore rigs and contractor offered includes Physical Damage, business Interruption, control of well and Third Party EnergyIn addition to providing Physical Damage and business Interruption coverage for operating Risks , we can also provide construction coverage for Delay in Start-up and Marine Delay in Start-up renewable energy projects including: offshore and onshore wind farms, photovoltaic plants, bio fuel plants and hydro generation projects.

8 In addition, we can offer Third Party Liability for both operational and construction Line Size:Energy Upstream: US $250m | Energy Downstream: US $50mEnergy Midstream: US $100m | Energy Renewables: US $100mEnergy Upstream Construction: US $200m | Energy Engineering: US $100mOperational Power: US $60mMidstream & DownstreamWe offer Physical Damage, Machinery Breakdown and business Interruption coverage for downstream (refineries, petrochemical plants) and midstream energy business (larger gas plants, LNG terminals, onshore pipelines, distribution and storage facilities), both on a standalone basis and in conjunction with upstream Risks and precious provide products for operational power plants as well as an engineering portfolio. For the power and oil and gas industries, our main focus is on Erection All Africa Specialty RisksAXA Africa Specialty RISKSM arineAXA Africa Specialty Risks creates solutions that are built entirely around your world. We are here to give you the confidence to develop your business , helping to mitigate Risks wherever possible through our coverholder, Chaucer Syndicate 1084 and AXA Africa Specialty Risks focus on Specialty & Corporate lines, with coverage and an on-the-ground presence across Africa .

9 We combine the reach and strength of one of the largest global P&C insurers with the expertise of Lloyd s and Chaucer in these and Lloyd s both have excellent international financial strength ratings (AXA: Fitch AA- and Standard & Poor s AA- | Lloyd s: Fitch AA- and Standard & Poor s A+).AXA Africa Specialty Risks draws on an experienced and skilled team. We write and lead all major classes of marine business , by creating bespoke solutions and matching the global spread of your and WarWe provide a wide range of cover for the marine sector, including: cruise ships, oil tankers, gas carriers, bulk carriers, container vessels, tugs and supply vessels, as well as more specialist craft such as private mega scope of the hull and machinery coverage can include: all Risks or named perils, increased value, loss of hire and loss of earnings, specialist craft extension, mortgagees interest, builders Risks and towage Risks . We also provide coverage for war and associated LiabilityWe cover all main liability areas, including: charterer s, shipbuilding and repairs, offshore energy, marine employer s, pollution, umbrella and excess Line Size:Cargo and Transit USD $50m | Project Cargo USD $50mPorts and TerminalsWe provide leading packaged solutions for the diverse requirements of the ports and terminals sector, including: marine and non-marine property, business interruption, legal and contractual liability and removal of wreck and clean-up provide coverage for general specie, fine art and exhibitions, jewellers block, armoured car, bullion and cash in transit, vault Risks and precious and TerminalsOur extensive expertise includes all aspects of cargo and goods in transit for both physical damage and liability.

10 As well as general cargo, we also underwrite: bulk oil, soft and hard commodities, frozen foodstuffs and project cargoes (including coverage for delayed start up).We have an online system for Freight Forwards Shippers Interest and can also provide coverage for their legal find out more about AXA Africa Specialty Risks visit Africa Specialty RisksPolitical Risk and Trade CreditAXA Africa Specialty RISKSAt AXA Africa Specialty Risks , we offer tailored Property Insurance in emerging markets. Our policies are designed specifically to meet the needs of your business , backed by the expertise and experience of industry Africa Specialty RISKSAXA Africa Specialty Risks creates solutions that are built entirely around your world. We are here to give you the confidence to develop your business , helping to mitigate Risks wherever possible through our coverholder, Chaucer Syndicate 1084 and AXA Africa Specialty Risks focus on Specialty & Corporate lines, with coverage and an on-the-ground presence across Africa .