On May 30th, La Mondiale Europartner took part in the first meeting organised by ACA (the Association of Insurance and Reinsurance Companies of the Grand Duchy of Luxembourg) in Geneva. This event gathered together the major players in the business sector: life insurers, private banks, wealth managers and insurance intermediaries and gave La Mondiale Europartner the opportunity to introduce the concept of FAS Advisory Management launched on the market early this year for French resident customers.

On May 16th, La Mondiale Europartner organised an event in Milan dedicated to its distribution partners to present the positive results achieved in 2016 and the ambitious projects planned for the Italian market.

An introduction by Philippe Burdeyron, Deputy CEO, was followed by the two main protagonists of the day. Firstly Valerio Apolloni Ghetti, Country Manager Italy, presented the new commercial offer and the expertise of La Mondiale Europartner in the creation, proposal and management of multi-asset products dedicated to high net worth individuals. Then Clément Simard, Fixed Income Portfolio Manager of AG2R La Mondiale, detailed the investment strategy of our Gestion séparée.

During the event, we discussed the evolution of the Luxembourg life insurance market and the new MiFID2 and IDD regulations, thanks to the interventions of Giuseppe Frascà (First Advisory) and Luca Zitiello (Zitiello e Associati).

This meeting was the ideal occasion to reaffirm the strategic importance of the Italian market and the impact of the offer of multi-asset in what is currently a complex environment.

On April 25^th in Geneva, La Mondiale Europartner has gathered together the Wealth Planning / Life Insurance managers of the major Swiss banks for an event about the "Legal and tax news of life insurance in France".

The objective of this first Private Insurance Café in Switzerland was to exchange among professionals on the latest developments of the solutions for HNWI (High Net Worth Individuals).

Recent developments in life insurance in Italy and Belgium were also discussed during this event.

La Mondiale Europartner is already planning in the coming weeks a new appointment to exchange views on the developments that will undoubtedly be discussed after the french elections !

On March 14, the magazine Investissement Conseils organized in Paris the fifth edition of the event "Pyramides de la Gestion de Patrimoine". On this occasion, La Mondiale Europartner was awarded a prize in the best Luxembourg contract category for the Life Mobility Evolution.

After the Future Bancassurance Award received in Italy at the end of 2016 for the product called Prestigio Evolution 2, we are proud to be newly rewarded for our innovation capacity that has characterized the strategy of our company in recent months.

On Thursday, 16th February, La Mondiale Europartner organised in Milan the first Private Insurance Café of the year entitled "Pension solutions for wealthy clients", with the collaboration of RGA and its development manager in the EMEA zone, Mr Adriano De Matteis.

During the event, several leading players from the private Italian banks listened to the presentation of RGA and then discussed the development prospects for the pension insurance sold through private banks or brokers. Topics of the debate were Death and Total and Permanent Disablement insurance cover, Critical Illness and Long-Term Care insurance cover.

This Private Insurance Café has shown the partners' interest in developing these solutions, but in a market that still needs to improve its knowledge of these products. Disseminating a culture of foresight among customers and partners is essential for companies that want to offer these solutions. Indeed, the presence of specialists who can offer support to the bankers is often fundamental in order to offer these types of cover and to raise awareness amongst clients. For HNWI clients, this means first of all sufficient cover to avoid redemption of investments and to guarantee financial stability for families in the event of the death, sickness, disability or loss of autonomy of the head of the household.

This subject is certain to generate a lot of discussion: anticipating these needs and being ready to have a strong position in this market will be the objective for several market players in the coming years.

In front of a representative meeting of the main banks present in Geneva, La Mondiale Europartner presented on November 30th the outline of its FAS Advisory/Advisory Offer for French tax residents.

This innovation for the market, intended to help banks in the transition to MIFID II, is in the launch phase with several banks based in France and already available for Swiss banks active in Advisory on the French market.

Standard & Poor's (S&P) confirmed the A- stable outlook rating of AG2R LA MONDIALE institutions : AG2R Réunica Prévoyance, La Mondiale and Prima.

"This confirmation from Standard & Poor's rewards the Group's efforts to improve its financial strength and meet the requirements required by Solvency 2." said André Renaudin, CEO.

This rating underlines the good reputation and the leading position of AG2R LA MONDIALE in patrimonial savings and pension (both in terms of collective contracts and Madelin contracts), as well as the high importance of the asset under management. It also highlights the consolidation of the Group's positions in healthcare (n°3) and insurance fund (n ° 3), as well as its ability to integrate new entities.

It testifies that SGAM AG2R LA MONDIALE has maintained a level of equity and results in line with its rating.

The rating also takes into account the Group's financial flexibility, which reflects its proven ability to access to bond markets, and the approval it has obtained to develop mutual insurance certificates.

In addition, S&P believes that AG2R LA MONDIALE is well positioned to manage the upheaval caused by the National Interprofessional Agreement (ANI) of 11th January 2013 in the healthcare field, in particular by its capacity to offer to very small companies Insurance contracts at competitive prices, which combine several types of coverage through a single relationship.

In the end, the rating agency believes that risk management, management and governance are satisfactory. It positively appreciates the strengthening of the ties of solidarity between the entities of AG2R LA MONDIALE in 2015 and the resources committed so that the Group will soon become prudential according to the meaning of Solvency 2.

In the future, S&P expects the Group to:

• continue to reduce its sensitivity to interest rates in savings and pensions through the rise of unit-linked contracts;

• continue its efforts in healthcare and welfare insurance after observing that it began to lower its claims ratio in group insurance through a restructuring of its portfolio.

On Wednesday, November 16th, we organized a conference at the Hotel Dante in Lugano, dedicated to the presentation of our new product Prestigio Evolution II. Olivier Martinez, in charge of business development Swiss Market, and Valerio Apolloni Ghetti, Country Manager Italy, presented the new product and the financial innovations.

This event was an opportunity to meet the main private banks of the place.

At the same time, we are also planning a serie of introductory meetings in the coming weeks with partners who are interested in discovering and exploring our life insurance solutions.

On November 14th in Milan, we received the financial innovation award for our Prestigio Evolution II during the "2016 Future Bancassurance Awards".

Valerio Apolloni Ghetti, Country Manager Italy, received the award in person and commented on this distinction: "Our company has been present in Italy for almost 20 years, but we feel it is very recent. Indeed, we lately intensified our operations on the territory thanks to the launch of our new product Prestigio Evolution II. The first objective is to increase our visibility on the Italian life insurance market by communicating on our company as well as on our offer and becoming a reference actor. "

The launch of the Prestigio Evolution II on the Italian market was accompanied by an event organized by LMEP in two parts: The first part was meant to meet the partners and the second part was devoted to the specialized Press.

At the beginning of the day, more than 20 partners and prospects met the management of LMEP, the marketing and product development managers as well as the employees of the Milan subsidiary.

This event was an opportunity to describe the operation of the new product and all the financial innovations that LMEP is about to launch on the market.

The feedbacks from the partners and from the Press were very positive and satisfactory. Keep an eye on our news; we will come back to you quickly about it!

La Mondiale Europartner (LMEP) held July 7, 2016 its second Private Insurance Café in Luxembourg.

In the program: " The legal and tax developments in France: favorable shifts to companies and investors -and- Life insurance and issues of relocation. "

We would like to thank our partners for their involvement and the pronounced interest shown during the Private Insurance Café. Appointment is already taken for the next edition in which we will develop new themes.