Omniasig S.A.

VALUES

Purposes

Mission Statement

• enhancing our position as a top insurer;
• developing and providing a broad range of quality products and services, tailored to suit the needs of the local market;

• long term consolidating the presence on the Romanian market, due to the flexibility to the changes of the economic and social conditions, as well as due to the innovative solutions, built on the foundation of a solid tradition;

• delivering high-quality services to our customers, due to the network of agents and intermediaries (brokers) selected by the company;
• placing the customer in the center of our thinking and concerns, and providing solutionsadjusted to customer's needs and desires;

• observing the principle of caution in administrating the funds of the company, as a major responsibility towards our customers and shareholders;
• utilising the latest proven technology in the insurance field (storage, data processing);
• recruiting and developing our staff to the highest standards, motivating and encouraging
them to their fullest potential so that the employees should be able to make decision and to perform qualified examinations;
• providing a comfortable working environment for the employees, as well as the possibility
for a permanent improvement, correlated with the better providing material incentives;

• providing a competent management, with decisions focused on the interests of the company,
at the highest standards of ethics and professionalism;
• improving the financial result, in order to rise to the expectations of the shareholders.
Our Vision - To be recognized as a company which:

• keeps the promises made towards customers and shareholders;
• encourages innovative ideas and performance;
• never makes compromise when it comes to its ethical principles;
• excels in permanently delivering new and proven quality products and services;
• whose success is a result of knowledge;
• puts first the interest of the customers;
• belongs to a successful insurance group.

Our Values • customer satisfaction and development of a long-term relationship with them;
• employees motivation;
• integrity ;

• ethics;

• responsability;

• professionalism;

• dedication.
SHAREHOLDERS

The shareholding structure of OMNIASIG Insurance-Reinsurance Company is the following: 70% TBIH Financial Services Group NV – in the capacity of majority shareholder 20% Romanian Commercial Bank S.A. - as a significant shareholder 10% Others

The Dutch holding TBIH Financial Services Group NV – one of the main operators of the financial markets in the Central and East Europe , is the majority shareholder of certain insurance companies and pension funds which currently opperating in Bulgaria, Romania, Croatia, Slovakia, Serbia and Georgia, with plans of expansion on the markets in the Balkan area, in Russia, Ukraine

TBIH is held 70.24% by KARDAN NV (via Herfstzon NV ) and 29.76% by Mid Ocean Partners .

KARDAN NV is an investment holding company, traded both on the Euronext and on the Tel Aviv Stock Exchange. Mid Ocean Partners is the former Deutsche Bank's private equity group which was bought out by their management in 2003 (Deutsche Bank is holding 20% in the new entity

MEMBERS Of The GROUP

99% Omniasig Life S.A. Bucharest

65% Omniasig Addenda S.A. Buchrest

62% Omniasig - Asirag S.A. Piesti

40% Omniasig - Agi S.A. Bucharest

70% SAI Sira S.A. Bucharest

2% TBI Leasing S.A. Bucharest

100% Autosig SRL Bucharest

REINSURANCE

OMNIASIG has one of the largest and comprehensive reinsurance programmes in Romania , that due to the top reinsurers involved can offer to our clients a high level security protection.
The reinsurance contracts are built for each line of business and are conceived so as to protect both against big individual losses and series of losses arising from the same event (such as natural catastrophes: earthquakes, floods etc).
The quality of the reinsurance contract placement services, the activity of recovering the losses from participating reinsurers, as well as the corresponding consultancy are guaranteed by the renown brokers Omniasig is co-operating with, that is Marsh/ Guy Carpenter, AON Re Lt. and Willis Ltd. which are the world top three brokers/

It is important to mention the fact that using such important brokers of the international market is a proof for the high quality of the reinsurers participating to the programmes as on these brokers' underwriters list there are to be found only companies with a stability, credibility and financial strength that can not be contested and which are accordingly rated by the largest rating companies of the world. This aspect was proven lately when we have been in situation to pay losses and which we promptly settled and subsequently recovered them from reinsurers.

Due to the nature of the reinsurance contracts and to the way they are conceived and according to which optimum reinsurance costs were obtained, Omniasig is able to offer to its clients one of the most competitive prices on the market for property, cargo, civil liability, aviation, marine lines of business.

Our company proved to be a very reliable partner and therefore it was asked to play as fronting company on behalf of more and more foreign insurance companies.

Based on its financial capacity and experience gained along the 10 years of activity on the Romanian market, OMNIASIG plays an active role as reinsurer for other local insurance companies, undertaking risks that are further on protected by our own reinsurance programmes.
REINSURERS RATING
GenRe AAA (Standard & Poor's)

Swiss Re AA (Standard & Poor's)

Munich Re A + (Standard & Poor's)

Hannover Re AA - (Standard & Poor's)

Transatlantic Re AA (Standard & Poor's)

Mapfre Re AA - (Standard & Poor's)

XL Re A + (Standard & Poor's)

New Re A + (Standard & Poor's)

Sirius A - (Standard & Poor's)

Lloyd's A (Standard & Poor's)

CLIENTS

Property Insurance, buildings and contents

Main customers:

- Daewoo Mangalia Heavy Industries

- MOL Romania

- TAROM

- Rompetrol Grup N.V.

- International Airport Otopeni

- Daewoo Automobile Craiova

Motor Insurance Main customers:

- Volvo Finance International

- Castel Film

- Elite Romania

- R.A.T.B.

- World Trade Center Bucharest

- Romanian Post - Posta Romana

- Golden Pages - Pagini Aurii

- Auto Cobalcescu

Compulsory Motor Third Party Liability Insurance

Main customers:

- Nuclearelectrica

- Rompetrol

- AzoMures

- Athenee Palace

- Topway Foods International

Personal Insurance others than Life Insurance - F.C. Universitatea Craiova

- ARGUS

- Metrorex

- AMBRO

Credit & Surety Insurance Main customers:

- TBI Leasing

- Luxten Lighting Company

- BCR Leasing

- Romanian Breweries Bere Prod Tuborg

- Romanian Bank

- Ana Electronics

- FINANSBANK

Marine Insurance Main Customes:

- East Point Holdings

- Navrom Drobeta-Turnu Severin

- Giurgiu NAV

- Octogon

- Romnav Braila

Transportation Insurance

Main customers:

- S.N.P. Petrom

- Infopress

- Alro Slatina

- Intrarom

- Group 4 Falk Romania

Aerial Insurance Main customers:

- Aeroclub Romania

- Aero-West

- Romatsa

- Acvila

LEADERS

Board of Directors

Chairman Constantin Toma

Members of the Board

Efraim Naimer

Nissim Zarfati

Hagai Harel

Alasdair MacDougall

Michael Hribar

Nicolae Olteanu

Constantin Dicu
The Executive Management
General Manager Constantin Toma

Deputy General Manager Iulian Dumitru

Deputy General Manager Fanel Plopeanu

Technical Department Manager Bogdan Tudor-Sfetea

Claims Department Manager Daniel Ionita

Reinsurance Department Manager Georgeta Crideanu

I.T. and Statistics Department Manager Anca Stefanescu

Human Resources and Organization Department Manager Rodica Sfetu

Motor Insurance Department Manager Liviu Stoicescu

Economic Department Deputy Manager Constantin Marica

General Secretary Cornelia Radulescu
Romana Branch Manager Catalina Bojica

Unirea Branch Manager Raluca Dobrescu

Regional Center Managers

Dumitru Nicolae Pepici

Rodica Cernea

Sorin Narciz Jeflea

Ioana Albert

Procopie Fortan

Nina Toma

Luminita Teju

Matei Fagadaru

Gheorghe Cosmulese

Contacts

Bucharest

B-dul Aviatorilor , Nr. 28,

1st District
Phone: 021-231 50 40; 231 50 41; 231 50 42; 231 50 43

Mobile: 0723 693 800; 0745 115 422; 0788 303 040

Fax: 021 231 50 29