GENERALI ASIA REGIoNAL NEWS

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Generali Asia News...letter MAR 2011 GENERALI GROUP NEWS Communications Office – Generali Asia Sabrina Di Giorgio Email: sabrina.digiorgio@generaliasia.com Tel: +852 3187 6824 In this number… GENERALI Group NEWS Generali Group Consolidated results at 31 December 2010 Generali enters FTSE4GOOD index GENERALI ASIA REGIONAL NEWS Generali Thailand’s 2010 Tele-Marketing Annual Awards Presentation Night Generali China Life Insurance awarded: “Annual Best Corporate Image” and “Chaoyang District advanced unit in the introduction of overseas talents 2010” Generali Group Consolidated results at 31 December 2010 TRIESTE The Board of Directors of Assicurazioni Generali approved the consolidated financial statements and the parent company preliminary financial statements for 2010. Generali closed 2010, another year of market uncertainty and volatility, with robust growth in premiums to more than € 73 billion (+3.8%) and high profitability, as demonstrated by an operating result rising to more than € 4 billion (+11.7%), in the upper end of the range set for 2010 a year ago. Thanks to a distribution model based on strong proprietary networks, an effective geographical diversification strategy, firm control over cost dynamics and the excellent trend in technical and investment operations, Generali reported net profit of € 1,702 million (+30%; € 1,309 million in 2009), one of the strongest performance improvements in the insurance industry. Generali Group CEO Giovanni Perissinotto said: “The 2010 results show that, despite continuing difficulties in the economic and financial environment, Generali is making robust progress, with its best-ever result in the Life sector, thanks in particular to its investment management performance. The key drivers behind these results are our solid distribution model based on proprietary networks, leadership in core markets – Italy, France, Germany – and excellent positioning on markets with high growth potential. “The strength of our distribution network, the quality of our Life and Non-Life premiums and our investment management capabilities give us confidence in our ability to forecast a continuing growth trend in our results over the medium term too, as the markets where we operate gradually stabilise and interest rates show a moderate increase”, the Ceo added. Our People – appointment announcement OUR ACTIVITIES GENSOCIETY- GENCULTURE- GENSPORT Gensociety – Generali China Life Guangdong Branch: Donation activity in Jiangmen Guangdong Province Gensport – The lights go on in Qatar for the 2011 Moto GP World Championship EVENTS 1

Generali Asia<br />

News...letter<br />

MAR 2011<br />

<strong>GENERALI</strong> GROUP <strong>NEWS</strong><br />

Communications Office – Generali Asia<br />

Sabrina Di Giorgio<br />

Email: sabrina.digiorgio@generaliasia.com<br />

Tel: +852 3187 6824<br />

In this number…<br />

<strong>GENERALI</strong> Group <strong>NEWS</strong><br />

Generali Group Consolidated results at 31<br />

December 2010<br />

Generali enters FTSE4GOOD index<br />

<strong>GENERALI</strong> <strong>ASIA</strong> REGIONAL <strong>NEWS</strong><br />

Generali Thailand’s 2010 Tele-Marketing<br />

Annual Awards Presentation Night<br />

Generali China Life Insurance awarded:<br />

“Annual Best Corporate Image” and<br />

“Chaoyang District advanced unit in the<br />

introduction of overseas talents 2010”<br />

Generali Group Consolidated results at 31<br />

December 2010<br />

TRIESTE The Board of Directors of Assicurazioni Generali approved the consolidated<br />

financial statements and the parent company preliminary financial statements for 2010. Generali<br />

closed 2010, another year of market uncertainty and volatility, with robust growth in premiums to<br />

more than € 73 billion (+3.8%) and high profitability, as demonstrated by an operating result rising<br />

to more than € 4 billion (+11.7%), in the upper end of the range set for 2010 a year ago. Thanks to<br />

a distribution model based on strong proprietary networks, an effective geographical diversification<br />

strategy, firm control over cost dynamics and the excellent trend in technical and investment<br />

operations, Generali reported net profit of € 1,702 million (+30%; € 1,309 million in 2009), one of the<br />

strongest performance improvements in the insurance industry.<br />

Generali Group CEO Giovanni Perissinotto said: “The 2010 results show that, despite continuing<br />

difficulties in the economic and financial environment, Generali is making robust progress, with its<br />

best-ever result in the Life sector, thanks in particular to its investment management performance.<br />

The key drivers behind these results are our solid distribution model based on proprietary networks,<br />

leadership in core markets – Italy, France, Germany – and excellent positioning on markets with<br />

high growth potential. “The strength of our distribution network, the quality of our Life and Non-Life<br />

premiums and our investment management capabilities give us confidence in our ability to forecast<br />

a continuing growth trend in our results over the medium term too, as the markets where we operate<br />

gradually stabilise and interest rates show a moderate increase”, the Ceo added.<br />

Our People – appointment announcement<br />

OUR ACTIVITIES<br />

GENSOCIETY- GENCULTURE-<br />

GENSPORT<br />

Gensociety – Generali China Life<br />

Guangdong Branch: Donation activity in<br />

Jiangmen Guangdong Province<br />

Gensport – The lights go on in Qatar for<br />

the 2011 Moto GP World Championship<br />

EVENTS<br />

1


Generali Asia<br />

News...letter<br />

MAR 2011<br />

Communications Office – Generali Asia<br />

Sabrina Di Giorgio<br />

Email: sabrina.digiorgio@generaliasia.com<br />

Tel: +852 3187 6824<br />

In this number…<br />

<strong>GENERALI</strong> Group <strong>NEWS</strong><br />

Generali Group Consolidated results at 31<br />

December 2010<br />

Generali enters FTSE4GOOD index<br />

<strong>GENERALI</strong> <strong>ASIA</strong> REGIONAL <strong>NEWS</strong><br />

Generali Thailand’s 2010 Tele-Marketing<br />

Annual Awards Presentation Night<br />

Generali China Life Insurance awarded:<br />

“Annual Best Corporate Image” and<br />

“Chaoyang District advanced unit in the<br />

introduction of overseas talents 2010”<br />

Our People – appointment announcement<br />

OUR ACTIVITIES<br />

GENSOCIETY- GENCULTURE-<br />

GENSPORT<br />

Gensociety – Generali China Life<br />

Guangdong Branch: Donation activity in<br />

Jiangmen Guangdong Province<br />

Gensport – The lights go on in Qatar for<br />

the 2011 Moto GP World Championship<br />

EVENTS<br />

Net profit € 1.7 billion (+30%)<br />

Dividend rises to € 0.45 per share (+28.6%); pay-out at 41.1%<br />

OPERATING RESULT UP TO € 4.1 BILLION (+11.7%), DRIVEN BY PROGRESS IN THE<br />

LIFE SEGMENT WHICH EXCEEDS € 3 BILLION FOR THE FIRST TIME<br />

• Life operating result (+23.5%) buoyed by higher volumes, stable technical margins and<br />

excellent performance in financial and real estate operations<br />

• Non-Life operating result at € 1.1 billion (-11.4%), with Combined Ratio at 98.8%<br />

(98.3% FY09) with an impact from claims related to natural catastrophes of 1.9 p.p.<br />

EFFECTIVE DISTRIBUTION MODEL AND GEOGRAPHICAL DIVERSIFICATION PUSH<br />

PREMIUMS TO MORE THAN € 73 BILLION (+3.8%). HIGHEST LIFE PREMIUMS EVER TO<br />

MORE THAN € 50 BILLION<br />

• Strong growth of Life production due to premium income in Italy (+6.8%), Germany<br />

(+12.5%) and Eastern Europe (+5.6%). Continued strong growth in China (+44.7%)<br />

• Robust growth in Non-Life (+2.1%), due in particular to results in Italy and France<br />

• Life net inflows again amongst market’s highest, at more than € 16 billion (+0.3%),<br />

pushing Life net technical reserves to € 313 billion (+9.4%)<br />

Generali enters FTSE4GOOD index<br />

TRIESTE Assicurazioni Generali has become a constituent of the FTSE4GOOD Global<br />

Index and the FTSE4GOOD Index Europe, two equity indices in the series created<br />

by the global index company FTSE Group to assess performances and to facilitate<br />

investment in companies that meet globally recognized corporate responsibility standards. Generali’s<br />

inclusion acknowledges the Group’s firm commitment to sustainability, with a recent focus on<br />

environmental issues and respect for human rights.<br />

Thanks to its results in this area, Generali is currently also a constituent of the ASPI (Advanced<br />

Sustainable Performance Indices) Eurozone Index, the ECPI Ethical Index Euro and Global indices,<br />

and the Benchmark and Leaders indices of the FTSE ECPI Italia SRI, the first Italian index series for<br />

socially responsible investment, set up recently through an FTSE / ECPI partnership.<br />

To learn about FTSE : http://www.ftse.com/<br />

2


Generali Asia<br />

News...letter<br />

MAR 2011<br />

<strong>GENERALI</strong> <strong>ASIA</strong> REGIONAL <strong>NEWS</strong><br />

Communications Office – Generali Asia<br />

Sabrina Di Giorgio<br />

Email: sabrina.digiorgio@generaliasia.com<br />

Tel: +852 3187 6824<br />

Generali Thailand’s 2010 Tele-<br />

Marketing Annual Awards<br />

Presentation Night<br />

In this number…<br />

BANGKOK Mr. Keith Brooks, Country Manager & CEO of Generali Life Assurance (Thailand) Co., Ltd.<br />

and Generali Insurance (Thailand) Co., ltd. presided the Tele-Marketing Annual Awards Presentation<br />

Night 2010 to celebrate and present awards to telesales representatives with top performance .<br />

<strong>GENERALI</strong> Group <strong>NEWS</strong><br />

Generali Group Consolidated results at 31<br />

December 2010<br />

Generali enters FTSE4GOOD index<br />

<strong>GENERALI</strong> <strong>ASIA</strong> REGIONAL <strong>NEWS</strong><br />

Generali Thailand’s 2010 Tele-Marketing<br />

Annual Awards Presentation Night<br />

Generali China Life Insurance awarded:<br />

“Annual Best Corporate Image” and<br />

“Chaoyang District advanced unit in the<br />

introduction of overseas talents 2010”<br />

Our People – appointment announcement<br />

OUR ACTIVITIES<br />

GENSOCIETY- GENCULTURE-<br />

GENSPORT<br />

Gensociety – Generali China Life<br />

Guangdong Branch: Donation activity in<br />

Jiangmen Guangdong Province<br />

Gensport – The lights go on in Qatar for<br />

the 2011 Moto GP World Championship<br />

EVENTS<br />

(Photo Credit: Suteerada Sukchairom, Corporate Services Department, Generali Thailand.)<br />

3


Generali Asia<br />

News...letter<br />

MAR 2011<br />

Communications Office – Generali Asia<br />

Sabrina Di Giorgio<br />

Email: sabrina.digiorgio@generaliasia.com<br />

Tel: +852 3187 6824<br />

In this number…<br />

<strong>GENERALI</strong> Group <strong>NEWS</strong><br />

Generali China Life Insurance awarded:<br />

“Annual Best Corporate Image” and<br />

“Chaoyang District advanced unit in the<br />

introduction of overseas talents 2010”<br />

BEIJING. Generali China Life Insurance was awarded the “Annual Best Corporate Image” on March<br />

4th, at the ceremony of the “Annual Awards of Chinese Insurance Industry 2010” organized by the<br />

magazine China Insurance Marketing. Mr. Wang Lin, Chairman of the Board of Generali China Life<br />

Insurance, was conferred the award “Chairman of the Board with Best Cohesive Force”. Ms. Huang<br />

Nan, Deputy General Manager of Generali China Life Insurance, attended the ceremony.<br />

The jury of the “Annual Awards of Chinese Insurance Industry 2010” stated that GCL is an affirmed<br />

of joint venture life insurance company. Under the leadership of Mr. Wang Lin, GCL combines<br />

internationally advanced insurance knowledge and experience in the Chinese market, demonstrating its<br />

cohesive force among stakeholders and distinctive performance in innovative brand building strategy.<br />

Generali Group Consolidated results at 31<br />

December 2010<br />

Generali enters FTSE4GOOD index<br />

<strong>GENERALI</strong> <strong>ASIA</strong> REGIONAL <strong>NEWS</strong><br />

Generali Thailand’s 2010 Tele-Marketing<br />

Annual Awards Presentation Night<br />

Generali China Life Insurance awarded:<br />

“Annual Best Corporate Image” and<br />

“Chaoyang District advanced unit in the<br />

introduction of overseas talents 2010”<br />

Our People – appointment announcement<br />

OUR ACTIVITIES<br />

GENSOCIETY- GENCULTURE-<br />

GENSPORT<br />

Gensociety – Generali China Life<br />

Guangdong Branch: Donation activity in<br />

Jiangmen Guangdong Province<br />

<br />

Ms. Huang Nan, Deputy General Manager<br />

of GCL, attended the ceremony and<br />

received the “Annual Best Corporate Image”<br />

on behalf of GCL.<br />

(Photo Credit: Song Feng)<br />

<br />

Chairman of the Board of GCL Mr. Wang Lin<br />

was conferred the award “Chairman of the<br />

Board with Best Cohesive Force”.<br />

(Photo Credit: Will Shi)<br />

Generali China Life Insurance has been also awarded “Chaoyang District advanced unit in the<br />

introduction of overseas talents 2010”. Chaoyang District is one of the fastest growing districts in<br />

the Beijing Metropolitan Area. GCL was in the first group of corporates which was awarded by the<br />

government in Chaoyang District for the introduction of high-level overseas talents. Mr. Renzo Isler,<br />

General Manager of Generali China Life Insurance, participated in the event and received the award.<br />

Gensport – The lights go on in Qatar for<br />

the 2011 Moto GP World Championship<br />

EVENTS<br />

<br />

GCL was awarded the “Chaoyang<br />

D i s t r i c t a d v a n c e d u n i t i n t h e<br />

introduction of overseas talents 2010”<br />

<br />

Mr. Renzo Isler, General Manager of<br />

GCL, attended the ceremony and<br />

received the award on behalf of GCL.<br />

(Photo Credit: Fei Chen)<br />

(Photo Credit: Jerry Wang)<br />

4


Generali Asia<br />

News...letter<br />

MAR 2011<br />

Our People – appointment announcement<br />

Communications Office – Generali Asia<br />

Sabrina Di Giorgio<br />

Email: sabrina.digiorgio@generaliasia.com<br />

Tel: +852 3187 6824<br />

In this number…<br />

<strong>GENERALI</strong> Group <strong>NEWS</strong><br />

Generali Group Consolidated results at 31<br />

December 2010<br />

Generali enters FTSE4GOOD index<br />

<strong>GENERALI</strong> <strong>ASIA</strong> REGIONAL <strong>NEWS</strong><br />

Generali Thailand’s 2010 Tele-Marketing<br />

Annual Awards Presentation Night<br />

Generali China Life Insurance awarded:<br />

“Annual Best Corporate Image” and<br />

“Chaoyang District advanced unit in the<br />

introduction of overseas talents 2010”<br />

Our People – appointment announcement<br />

OUR ACTIVITIES<br />

GENSOCIETY- GENCULTURE-<br />

GENSPORT<br />

Gensociety – Generali China Life<br />

Guangdong Branch: Donation activity in<br />

Jiangmen Guangdong Province<br />

Gensport – The lights go on in Qatar for<br />

the 2011 Moto GP World Championship<br />

EVENTS<br />

Mr. Paul Chan - Deputy General Manager - Life Division - Generali Hong<br />

Kong Branch<br />

Paul has over 25 years of experience in the life insurance industry in various<br />

functional areas such as business development, operations, client servicing<br />

and distribution management. In 1995, Paul joined the Management Team<br />

in Winterthur to enter into the Hong Kong individual life market. Since then,<br />

he has held different senior management positions in Winterthur, and then,<br />

subsequent to its merge to AXA, in both AXA’s regional office and Hong Kong<br />

Office.<br />

Our Activities<br />

GENSOCIETY GENCULTURE GENSPORT<br />

GENSOCIETY<br />

Gensociety - Generali China Life<br />

Guangdong Branch: Donation activity in<br />

Jiangmen Guangdong Province<br />

Generali China Life Guangdong Branch continues its support to the Central<br />

School of Shangchuan Island town in Taishan City, Jiangmen, Guangdong Province. For the second<br />

year GCL Guangdong Branch donated books, sport equipments and stationeries. During this<br />

occasion entrusted by GCL Guangdong Branch General Management, Head of Jiangmen Sales<br />

Service Office and 18 volunteers sponsored scholarships for students with financial difficulties.<br />

In 2010, GCL Guangdong Branch General Management and 40 volunteers contributed with 30,000<br />

Yuan donations in school supplies and computers.<br />

As a joint venture life insurance company, since its establishment, while providing insurance protection<br />

for the society, GCL has been stressing the importance of social responsibility.<br />

<br />

GCL volunteers and students of the Central<br />

School of Shangchuan Island town in Taishan City,<br />

Jiangmen Guangdong Province<br />

(Photo Credit: Jiangmen Sales Service Center)<br />

5


Generali Asia<br />

News...letter<br />

MAR 2011<br />

GENSPORT<br />

Communications Office – Generali Asia<br />

Sabrina Di Giorgio<br />

Email: sabrina.digiorgio@generaliasia.com<br />

Tel: +852 3187 6824<br />

In this number…<br />

<strong>GENERALI</strong> Group <strong>NEWS</strong><br />

Generali Group Consolidated results at 31<br />

December 2010<br />

Generali enters FTSE4GOOD index<br />

<strong>GENERALI</strong> <strong>ASIA</strong> REGIONAL <strong>NEWS</strong><br />

The lights go on in Qatar for the 2011 Moto<br />

GP World Championship<br />

The 2011 MotoGrand Prix World Championship kicked off at Losail International<br />

Circuit in Qatar on March 20th. For the third year Generali Group sponsors Ducati<br />

MotoGP team. This agreement brings together two major Italian companies with a strong capacity for<br />

innovation, a key element that made them successful international players.<br />

For the first year the nine-time World Champion, the Italian rider Valentino Rossi joins Ducati this<br />

season to partner the American rider Nicky Hayden. The Italian rider managed to maintain a good<br />

pace to the end, placing himself seventh at the Grand Prix of Qatar.<br />

To find the 2011 Moto GP calendar and follow the results of Ducati, you may check:<br />

http://www.motogp.com/en<br />

Generali Thailand’s 2010 Tele-Marketing<br />

Annual Awards Presentation Night<br />

Generali China Life Insurance awarded:<br />

“Annual Best Corporate Image” and<br />

“Chaoyang District advanced unit in the<br />

introduction of overseas talents 2010”<br />

Our People – appointment announcement<br />

OUR ACTIVITIES<br />

GENSOCIETY- GENCULTURE-<br />

GENSPORT<br />

(Photo Credit: Ducati / Archive)<br />

Gensociety – Generali China Life<br />

Guangdong Branch: Donation activity in<br />

Jiangmen Guangdong Province<br />

Gensport – The lights go on in Qatar for<br />

the 2011 Moto GP World Championship<br />

EVENTS<br />

EVENT CALENDAR<br />

when event where<br />

Board of Directors Meeting<br />

April 1st<br />

Generali China Life<br />

Beijing, China<br />

April 1st<br />

Board of Directors Meeting<br />

Generali China Insurance<br />

Beijing, China<br />

Executive Committee Meeting<br />

April 28th<br />

Audit Committee Meeting<br />

Manila, Philippines<br />

Generali Pilipinas<br />

Photo Credit:<br />

Wiwin Yulius<br />

Twins Tower Development Co., Ltd.<br />

All Seasons Property Co., Ltd.<br />

Phodio Tech Studio (HK)<br />

Sunanda Parekh<br />

Hien Khau<br />

April 30th<br />

Annual General Meeting<br />

Assicurazioni Generali S.p.A.<br />

Trieste, Italy<br />

6

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