Sagicor Financial Co. Ltd. Class A · TSX:SFC
Sagicor Financial Co. Ltd. Class A — Investor Presentation (December 2019)
12 slides from Sagicor Financial Co. Ltd. Class A's investor presentation, December 2019
Slide 1: Sagicor Financial Company Ltd.
Sagicor Financial Company Ltd. (TSX: SFC) December 2019
Slide 2: Forward-looking information
December 2019 (TSX: SFC) PAGE 2 Forward-looking information Certain information contained in this presentation may be forward-looking statements within the meaning of Canadian securities laws. Forward-looking statements are often, but not always, identified by the use of words such as “expect”, “ant
Slide 3: Why invest in Sagicor
December 2019 (TSX: SFC) PAGE 3 Why invest in Sagicor (TSX: SFC) • Solid, market-leading and profitable Caribbean life insurer and financial services provider with three strong operating segments • Well-capitalized to execute growth • Expected initial annual dividend of US$0.225 per share, paid quar
Slide 4: Sagicor is a market leader in the Caribbean
December 2019 (TSX: SFC) PAGE 4 Sagicor is a market leader in the Caribbean • Leading indigenous life insurer in English speaking Caribbean countries • Strong market share across core geographies • 180 years history, >4,500 employees, ~1,300 agents in 22 countries LEADING MARKET Barbados Other Carib
Slide 5: Sagicor has 3 main operating segments
December 2019 (TSX: SFC) PAGE 5 Sagicor has 3 main operating segments Sagicor Jamaica (JSE: SJ) Sagicor Life Sagicor Life USA (49% Ownership) (100% Ownership) (100% Ownership) • #1 individual life, group health provider in • Leading market shares throughout • Growing provider of life insurance Jamai
Slide 6: Year to date Q3 2019 update
December 2019 (TSX: SFC) PAGE 6 Year to date Q3 2019 update • YTD 2019 Net income to shareholders: US$33.0 million • YTD 2019 Total comprehensive income to shareholders: US$62.4 million • YTD 2019 Total revenue for the group: US$1.4 billion • Operating segments performing well
Slide 7: Growth opportunities
December 2019 (TSX: SFC) PAGE 7 Growth opportunities • Continue growth in markets where Sagicor is #1 and population is under- insured • Expand product base in core markets into banking and wealth management • Continue to grow U.S. business in life and annuities • Robust acquisition pipeline • Optim
Slide 8: Strong capitalization
December 2019 (TSX: SFC) PAGE 8 Strong capitalization • US$440 million of excess capital available from transaction • MCCSR of 235% as at Q3 2019, expected to be over 400% with new capital • Sagicor group recently upgraded to BB by S&P (prior to closing of transaction with Alignvest Acquisition II C
Slide 9: Compelling valuation
December 2019 (TSX: SFC) PAGE 9 Compelling valuation • Approximately 147.8 million shares outstanding pro forma recent transaction, including approximately 6.4 million in escrow until performance hurdles met • Pro forma book value of approximately US$1.1 billion implies book value of US$7.50 per sha
Slide 10: Experienced and committed leadership team
December 2019 (TSX: SFC) PAGE 10 Experienced and committed leadership team Dodridge Miller Timothy Hodgson Ravi Rambarran Andre Mousseau FCCA, MBA, LLM, LLD (Hon) B.Com, MBA, CPA, CA BSc, MSc, FIA BA, MBA Group President & CEO Chair of the Board Group COO Group CFO • President and CEO since • Appoin
Slide 11: Key takeaways
Key takeaways Established 180 Well-capitalized Compelling entry year old market- with $440 million point with new leading Caribbean new equity raise listing on TSX life insurer with opportunities for growth in core markets
Slide 12: For further information
December 2019 (TSX: SFC) PAGE 12 For further information Samantha Cheung EVP Investor Relations Samantha_Cheung@Sagicor.com 416-898-4324 or 800-342-0719 Please visit www.sagicor.com Andre Mousseau Group CFO Andre_Mousseau@Sagicor.com 416-509-5256
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