E.9. Financial strength monitoring by third parties

The Company’s risks are monitored by third parties such as the insurance regulator.

More over, the leading rating agencies periodically assess the financial strength of the Company and the whole Generali Group expressing a judgment on the ability to meet the ongoing obligations assumed toward policyholders.

This assessment is performed taking into account several factors such as financial and economic data, the positioning of the Company within its market, and the strategies developed and implemented by the management.

The Company has a financial strength rating of A (Excellent) and an issuer credit rating of “a”, both with a stable outlook, assigned by A.M. Best on 23 October 2015.

The rating reflects Company’s very strong business profile, excellent record of technical profitability and solid risk-adjusted capitalisation.

The rating is also derived from the strategic importance of the Company as a member of the Generali Group. Additionally, the Company is considered as a key element of Generali strategy in Central and Eastern Europe.