April Decennial

High-level objective

1. Target EUR 10m premium year 1
2. Increased scope (up to 500k turnover)
3. Target launch date: 17th March
4. Finally launched 01/04/2025
5. Live with new pricing validated by HRe

• kick off meeting on Monday 05/02
• Ask for the underlying assumptions, what do they write new business and what % comes to Axeria.
• Seb to call Marc Andre
• Get new business plan from April split per segment
• Present to Hannover Re the case
• Agreement on BP target breakdown per product
• Need to receive pricing and benchmark from April week of the 10th
• Target term sheet signed 15th of July
• Pricing memo to be finalized by BBE before issuing Term Sheet
• Triage report to be sent next week by ALE
• Termsheet sent (waiting for VEL approval)
• Waiting for wording from HRe (5th of Feb)
• Reinsurance wording - get approval from HRe
• Finalise the TOBA April/Axeria
• Define bordereaux
• Redefine EPI targets.
• Ask them for a business plan.
• UW Audit on 16/17 of june
• TOBA Amendment to draft (new guideline)