Presentation for Willis HRH Risk Mitigation, Inc.

Benefits for Willis HRH Risk Mitigation, Inc.

• Access to new information and statistics about the markets in Russia and CIS;

• Organization of meetings with Russian counterparts: government officials, business executives from any industry;

• Building relationships with the Chamber’s members.

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• Geography Area: 17 million sq. km. (6.5 million sq. mi.); about 1.8 times the size of the United States. Cities: Capital--Moscow (pop. 8.3 million). Other cities--St. Petersburg (4.6 million), Novosibirsk (1.4 million), Nizhniy Novgorod (1.3 million).

• People

Population (2007 est.): 141.4 million.  Annual growth rate (2007 est.): -0.484% (population declining)

• Education (total pop.): Literacy--99.4% Health: Life expectancy (2007 est.)--59.12 yrs. men, 73.03 yrs. women

RUSSIA

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• GDP (official exchange rate): $1.286 trillion (2007 est.)• GDP - real growth rate: 8.1% (2007 est.)• GDP - composition by sector: agriculture: 4.6% ; industry:

39.1% ; services: 56.3% (2007 est.)• Labor force: 75.1 million (Nov. 2007 est.)• Investment (gross fixed): 19.4% of GDP (Jan.– Sept. 2007 est.)• Stock of direct foreign investment - at home: $271.6 billion

(2006)• Stock of direct foreign investment - abroad: $209.6 billion

(2006)• Russia possesses one-fifth of the world's timber reserves• 3 % of foreign investments goes to the timber industry

I. RUSSIAN ECONOMY

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The Chamber:

• Serves as an umbrella organization for promoting trade and commerce between the USA and the Russian Federation and the CIS countries;

• Serves as an advocacy group for the American and Russian businesses;

• Over 200 corporate members in the USA, Russia, CIS and Baltic States.

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RACC ServicesAdvisory Services • Investment consultancy, market research,

implementing an effective action plan, data and information research;

• Representation to federal and regional administrations and representation of American investors to corporate boards of Russian counterparts;

• Proprietary computerized databanks of American, Russian, and CIS countries companies and individuals.

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RACC Services (Cont.)Transactional Support • Evaluate and assist in the implementation of business

deals;• Investment and business partner search;• Assist in in gaining access to the Russian regional

markets; • Visa and passport services, incorporation, registration,

accreditation, representation, negotiations, confidentiality, translations.

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RACC Services (Cont.)Corporate Intelligence• Background check; • Corporation and corporate executives intelligence

reports;

Trade Show and Business Meeting Services

Educational Services

Language courses and cross-cultural trainings.

Current Sponsors and ClientsTotal number of corporate members: over 200

• The Coca-Cola Company

• Delta Air Lines, Inc

• American Airlines

• Smith, Gambrell & Russell, LLP

• Delloite

• Gazprombank

• Arnall Golden Gregory LLP

• InterContinental Hotels Group,

• Rosneft

• The Related Group

• The Trump Organization

• etc.9

Chamber’s Key Events• International conference "Russia & WTO“;

• Sochi-2014 winter Olympic Games Russian Government roundtable,

• Ambassador reception;

• Delegation of Real Estate Developers & Constructors from St. Petersburg, Russia to Chicago, IL;

• Official visit of Belgorod government officials and corporate executives to Atlanta, GA;

• US-Russia Energy Conference in Houston, TX, in March of 2010;

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Business Opportunities in Russia• The market is becoming more attractive in that the

authorities are planning on reducing restrictions on foreign ownership of insurance businesses.

• Insurance is one of the most dynamic sectors of the Russian economy today with enormous growth potential and attractive opportunities for foreign participation.

• Business connections with insurance companies in Russian and CIS.

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Major Challenges

• Governmental restrictions• The concentration of economic activity in Moscow and

St Petersburg reinforces. • Several of the large local players have very strong

positions in the non-life segment. This is either because they have established brand names and enormous distribution networks (like the formerly state-owned giants Rosgosstrakh and Ingosstrakh) or because they can exploit corporate/share holder links.

Investment Climate in Russia

• According to the Economist Intelligence Unit, Russia is one of the most attractive nations for foreign investment among transitional economies.

• In particular, Russia is expected to become a leader in raising direct foreign investment in 2006–2010 among ex-USSR states and Eastern European countries.

• By the end of September 2006, cumulative foreign investments in the Russian economy came to approximately USD130 billion.

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info@russianamericanchamber.com