Helvetia Baloise Holding Ag · SIX:HBAN

Helvetia Baloise — Helvetia Group — Vontobel Summer Conference 2016

23 slides from Helvetia Baloise's conference presentation, Jun 8, 2016

  1. Slide 1: Vontobel Summer Conference

    Your Swiss Insurer. Helvetia Group Vontobel Summer Conference Interlaken, 8 June 2016

  2. Slide 2: Disclaimer

    Disclaimer Disclaimer: NEITHER THIS DOCUMENT NOR ANY PART OR COPY OF IT NOR THE INFORMATION CONTAINED IN IT AND ANY RELATED MATERIALS MAY BE TAKEN OR TRANSMITTED INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN OR DISTRIBUTED OR REDISTRIBUTED, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALI

  3. Slide 3: Who we are – Helvetia at a glance

    Who we are – Helvetia at a glance Our profile  Leading Swiss all-lines insurer (Top 3) with a second main pillar in Europe and in selected niche markets worldwide  Active in non-life (property & casualty) and life insurance as well as in Specialty Markets (specialty insurance and reinsurance busin

  4. Slide 4: We have a long tradition

    We have a long tradition Over 150 years of insurance expertise Active M&A Strategy  1858 start as transport insurer  1870-1970 initially, expansion strategy with small portfolios worldwide Switzerland 2010 2012 2014   From 1990 focussing on 6 European core markets Italy 2008 2008/12 2013   199

  5. Slide 5: One of the most important acquisitions: Nationale Suisse

    One of the most important acquisitions: Nationale Suisse Significant combination Strategically compelling Value enhancing benefits  Top 3 all-line insurer in the  Significant cost synergies and  Significant scale benefits as a highly profitable Swiss cross-selling potential result of excellent fi

  6. Slide 6: Helvetia is well positioned

    Helvetia is well positioned Switzerland  Top 3 position in stable and profitable home market  Solid foundation for Group's Specialty Markets further development  Strong positioning in selected niche Europe markets (top 1 CH, top 2 FR)  Profitable and expandable  Good international diversificati

  7. Slide 7: We have ambitious target positionings...

    We have ambitious target positionings... Target positioning of helvetia 20.20 Switzerland: (illustration)  Increase in Switzerland’s profit contribution through organic growth, innovation and synergies from past Switzerland acquisitions  Objective: Best Swiss insurer Europe:  Further expansion in

  8. Slide 8: ...and make us fit for the future

    ...and make us fit for the future Fit for the future Added value for customers  Modern and increasingly digital  Customised and personalised insurance and  Customer-centric by combining traditional pension solutions offering greater convenience strengths and new opportunities Added value for empl

  9. Slide 9: helvetia 20.20 focuses on the most important trends

    helvetia 20.20 focuses on the most important trends Insurance market in a Digitisation as a strong state of flux: driver: Dynamic non-life business, Online and mobile business, repositioning in life business, smart data, Internet of ongoing market consolidation Things and automation and new competit

  10. Slide 10: We build on the opportunities offered by digitisation...

    We build on the opportunities offered by digitisation... Modern customer and partner interaction Easy and convenient access to all services on different Online business models channels More open partner structures with inclusion of partners in systems of service design and provision Increasing perso

  11. Slide 11: We further develop our sales network

    We further develop our sales network Multi-channeling approach Omni-channeling  Strong tied agents network  Successful online distribution channel smile.direct Partner  High-quality broker relations  Exclusive and renown cooperation partners  Strong cross-selling potential (life / non-life) Our

  12. Slide 12: Ambitious financial targets as benchmark

    Ambitious financial targets as benchmark Financial targets for 2020 Comments Dependent on currency fluctuations (impacting growth of Growth Volume: CHF 10 billion European units) Through organic growth and further acquisitions Non-life: CR <93% Net combined ratio Profitability Life: NBM >1% New busi

  13. Slide 13: Where we are today (1/2)

    Where we are today (1/2) After tax profit1) Business Volume Our focus (in CHF million) (in CHF million)  Profitable growth 422 439 7'447 7'767 8'235 364 2013 2014 2015 2013 2014 2015 Net combined ratio (NL) Value of new business (L) Our focus (in %) (in CHF million)  Strong technical results  Pro

  14. Slide 14: Where we are today (2/2)

    Where we are today (2/2) Shareholders’ equity1) Solvency I Our focus (in CHF million) (in %)  Financial strength 4'963 4'655 3'831 218 216 205 2013 2014 2015 2013 2014 2015 Dividend Dividend yield / Pay-out ratio Our focus (per share in CHF) (in %)  Sustainable dividend policy 3.9% 3.8% 3.4% 18.00

  15. Slide 15: Non-Life: Retaining the good portfolio quality

    Non-Life: Retaining the good portfolio quality 95.6% 93.7% 93.6% 93.5% 92.1% 8.0 8.4 9.2 8.7 9.0 ■ Disciplined underwriting strategy 20.5 20.5 21.0 21.9 20.4 ■ Selective underwriting of large risks ■ Portfolio optimisation if necessary 67.1 64.8 63.4 62.9 62.7 Combined Ratio < 95% on average 2011 20

  16. Slide 16: Life: Stabilisation of interest margin

    Life: Stabilisation of interest margin Switzerland (CHF) 2.62% 2.51% 2.32%1) ■ Sustainable balance sheet structure due to 0.72% 0.73% 0.88% efficient asset-liability matching with low duration gap 1.90% 1.78% 1.44% ■ Limited long-term liabilities within our Swiss group pension business 2013 2014 201

  17. Slide 17: Well-diversified investment portfolio

    Well-diversified investment portfolio Portfolio by asset class FY 2015 Performance by asset class FY 2015 31/12/2014 31/12/2015 Other1) 2% 3% Alternative 2% 1% Loans 3% 3% investments / Equities2) 4% 5% investment funds / 7% 6% 4.5% 4.6% Market risk PH derivatives Mortgages 8% 9% Investment 13% 13%

  18. Slide 18: Shareholder structure with long-term focus

    Shareholder structure with long-term focus 4.0% Raiffeisen Switzerland 4.0% Vontobel Group 30.1% Free float Pool members Patria Mutual 61.9% 38.1% Free float1) by investor type Free float1) by geography Other Investors Private individuals institutional based abroad Swiss investors investors 27.8% 36

  19. Slide 19: Appendix

    Your Swiss Insurer. Appendix

  20. Slide 20: Our market positions

    Our market positions CHF 830.2 mn 30% Life 70% Non-Life Nr. 28 CHF 217.1 mn CHF 4,953.4 mn Niche 71% Life position 29% Non-Life Nr. 2 Nr. 3 Nr. 10 CHF 435.0 mn Nr. 22 33% Life 67% Non-Life Nr. 29 CHF 416.1 mn 30% Life 70% Non-Life CHF 925.2 mn 46% Life 54% Non-Life Market positions of country market

  21. Slide 21: Our product portfolio (1/2)

    Our product portfolio (1/2) Non-Life Premiums by business line  Property (incl. engineering) CH DE IT ES AT FR LI 8% 7%  Motor vehicle Property • • • • • • 8% 35%  Transport (incl. art) Motor vehicle • • • • • • 9%  Liability Liability • • • • • • 33%  Accident / Health Accident / Health • • •

  22. Slide 22: Our product portfolio (2/2)

    Our product portfolio (2/2) Life Group life Occupational pension plans (BVG) (Switzerland only) Individual life Management pension schemee solutions via Helvetia Collective CH DE IT ES AT Foundation Traditional All risks and benefits in occupational pension plans are assured and guaranteed Risk insu

  23. Slide 23: Calendar and contact

    Calendar and contact Important dates  22/04/2016 Ordinary Shareholders' Meeting  05/09/2016 Publication of half-year results 2016  13/03/2017* Publication of financial results 2016 Contact details Investor Relations Susanne Tengler Philipp Schüpbach Head of Investor Relations Investor Relations M

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