Grupo De Inversiones Suramericana S.a. · BVC:GRUPOSURA

Grupo De Inversiones Suramericana — Q2 2018 Earnings Presentation

22 slides from Grupo De Inversiones Suramericana's earnings presentation, September 2018

  1. Slide 1: Q2 2018 Results Presentation

    Q2 – 2018 Results Presentation

  2. Slide 2: Disclaimer

    DISCLAIMER The forward-looking statements contained herein are based on Management’s current forecasts and outlook For better illustration and decision-making, figures for Suramericana, SURA Asset Management and its subsidiaries are administrative rather than accountant, and therefore may differ fro

  3. Slide 3: Agenda

    AGENDA Grupo SURA Consolidated Results Suramericana Insurance, Trends and Risk Management SURA Asset Management Pensions, Savings and Asset Management 3

  4. Slide 4: Grupo SURA Consolidated Results Q2 2018

    Grupo SURA Consolidated Results Q2 2018 4

  5. Slide 5: Grupo SURA Highlights

    HIGHLIGHTS» GRUPO SURA • Consolidated Net Income of COP 691,914 MM (+8.6%) in 1H2018 and COP 381,761 MM INVESTMENT PORTFOLIO* (+64.8%) in Q2, in line with strategic decisions of focus and efficient capital allocation. • Total revenues: COP 9.6 tn (-3.2%). • Decline in total expenses: COP 8.7 tn (-4.

  6. Slide 6: Consolidated Statement of Financial Position

    S TAT E M E N T O F F I N A N C I A L P O S I T I O N » CONSOLIDATED Assets » Total Equity » dic-17 69,008,910 dic-17 26,226,561 - 1,975,783 - 843,863 -2.9% -3.2% jun-18 67,033,127 jun-18 25,382,697 0.0 10 , 00 0,000.0 20 , 00 0,000.0 30 , 00 0,000.0 40 , 00 0,000.0 50 , 00 0,000.0 60 , 00 0,000.0 7

  7. Slide 7: Consolidated Statement of Comprehensive Income

    S TAT E M E N T O F C O M P R E H E N S I V E I N C O M E » CONSOLIDATED Var%: -8.6% +8.6% +21.3% -25.6% -11.9% NA -29.6% -3.2% Total Revenues» 9,948,473 283,602 96,219 202,464 9,625,539 (290,156) (61,513) (56,139) (497,411) jun-17 9,948,473 -322,934 -3.2% jun-18 9,625,539 0 2,000 , 00 4,000 , 00 6,

  8. Slide 8: Consolidated Net Income

    S TAT E M E N T O F C O M P R E H E N S I V E I N C O M E » CONSOLIDATED NET INCOME Grupo SURA & Other* +8.6% 26,106 691,914 74,328 637,091 39,149 (1,739) (29,386) 13,314 (31,905) (35,044) Net Income ∆ Net Income ∆ Net Income ∆ Equity ∆ Exchange ∆ Admin. ∆ Interest ∆ Other ∆ Taxes Net Income 2017 Su

  9. Slide 9: Insurance, Trends and Risk Management - Suramericana

    INSURANCE, TRENDS AND RISK MANAGEMENT SURAMERICANA S.A CONSOLIDATED RESULTS 9

  10. Slide 10: Suramericana Highlights

    HIGHLIGHTS» SURAMERICANA % WRITTEN PREMIUMS • Positive integration of international operations El Salvador Uruguay 2% Rep. Dom. • Foreign operations increase earnings contributions at the Property and Casualty Panamá 3% 2% Segment, from 45% to 48% of the total. 4% México 6% • Positive operational dy

  11. Slide 11: Suramericana Consolidated Statement of Comprehensive Income

    S TAT E M E N T O F C O M P R E H E N S I V E I N C O M E » CONSOLIDATED Operating Revenues* » Claims + Reserve Adj.: % Retained Premiums Services Rendered: Costs / Revenues 95.3% 91.5% 2,735,634 2,527,403 jun-17 5,869,556 1,421,810 59.2% 1,186,240 55.7% 222,557 3.8% -7.6% 19.9% jun-18 6,092,114 +8.

  12. Slide 12: Consolidated Figures Suramericana S.A.

    S TAT E M E N T O F C O M P R E H E N S I V E I N C O M E » CONSOLIDATED FIGURES SURAMERICANA S.A. Corporate Segment 291,197 -11.0% 5,287 8,928 259,292 7,457 22,534 3,289 18,276 (11,447) (86,228) Net Income Life Non-Life Health Care Exchange Admin. Interest Taxes Other** Net Income 2017 Difference E

  13. Slide 13: Life Insurance Segment

    SURA INSURANCE, TRENDS AND RISK MANAGEMENT » LIFE INSURANCE SEGMENT Var%: +2.5% +2.7% -14.0% NA -25.4% Other Life 6% 15% 339,614 7,454 (9,806) ARL (workers 253,386 comp) (53,479) 31% Group Life (30,397) WRITTEN 18% PREMIUMS Pension (D&S) 3% Health 27% 2017 Net Income Technical Admin. Investment Othe

  14. Slide 14: Non-Life (P&C) Segment

    SURA INSURANCE, TRENDS AND RISK MANAGEMENT » NON-LIFE (P&C) SEGMENT Var%: +2.7% -3.2% -4.9% +5.2% +1.4% Retained Premiums Retained Claims Ratio 23,163 32,951 100,063 jun-18 jun-17 %Var jun-18 jun-17 Auto 1,235,788 1,228,776 0.6% 61.5% 61.8% 15,483 (8,770) Fire 259,733 308,472 -15.8% 35.1% 32.5% 67,1

  15. Slide 15: Health Care Segment

    SURA INSURANCE, TRENDS AND RISK MANAGEMENT » HEALTH CARE SEGMENT Var%: +34.2% +24.8% -16.9% -42.7% +98.4% 60,496 Services rendered Claims Ratio jun-18 %Var jun-18 jun-17 EPS 1,422,466 22.8% 91.7% 93.8% 2,600 45,424 IPS 255,364 13.5% 70.4% 68.9% (38,982) (1,580) Dinámica 126,998 21.1% 72.3% 74.6% Tot

  16. Slide 16: SURA Asset Management Consolidated Results

    SURA ASSET MANAGEMENT CONSOLIDATED RESULTS 16

  17. Slide 17: SURA Asset Management Highlights

    HIGHLIGHTS» SURA ASSET MANAGEMENT El Salvador 4% Chile Colombia • Assets under management reach COP 397 tn (+8.4%). 26% 32% • Positive operating dynamics: Mandatory AUM • Commission income +7.9%: Mandatory Pensions +6.8% y Voluntary Savings +17.1% COP 348 tn • Operating Expenses -0.3% (+6.8%) Urugua

  18. Slide 18: SURA Asset Management Consolidated Figures

    SURA ASSET MANAGEMENT » CONSOLIDATED FIGURES Var%: +9.0% -33.6% -85.5% +24.3% -42.7% -3.0% Operating Income + Insurance Margin» Local Fx: +7.9% -34.0% -85.8% +19.4% -44.3% -4.3% 84,627 1,271,997 (30,746) 1,234,031 (109,510) 24,419 (6,756) jun-17 1,271,997 -37,965 -3.0% jun-18 1,234,031 0.0 20 00 , 0

  19. Slide 19: Consolidated Figures - SURA Asset Management

    S TAT E M E N T O F C O M P R E H E N S I V E I N C O M E » CONSOLIDATED FIGURES – SURA ASSET MANAGEMENT Corporate Segment +15.7% 291,031 15,062 24,282 251,432 21,813 52,419 (5,857) (50,371) 1,228 (18,456) Net Income Mandatory Voluntary Life Insurance, Fx Impact Oper. Wealth Tax Interest Other Net I

  20. Slide 20: Mandatory Pensions Business

    SURA ASSET MANAGEMENT » MANDATORY PENSIONS BUSINESS Var%: +6.8% -85.7% -39.5% -0.4% +404% -11.2% -11.8% 58,151 479,820 17,423 419,347 1,942 11,099 (110,938) Var$ Net Var$ (34,266) Figures in COP MM Net Income Var $ "Encaje" income ex. "Encaje" Chile 148,842 (38,297) (60,410) 22,113 México 135,153 36

  21. Slide 21: Voluntary Savings Business

    SURA ASSET MANAGEMENT » VOLUNTARY SAVINGS BUSINESS VOLUNTARY SAVINGS AUM (trillion COP)* INVESTMENT MANAGEMENT AUM SAVINGS AND INVESTMENTS AUM -1.7% 17.2% 34.3% 37.2% 14.9% 9.5% 0.7% 31.6% 41.3% 58.0% 14.9% 12.8% jun-17 41.8 25.4 23.2 COP 32.8 bn +21.2% +23.5% 11.4 11.2 6.7 7.6 2.1 2.5 2.7 3.6 0.3 0

  22. Slide 22: Investor Relations Contacts

    CEO: DAVID BOJANINI CFO: RICARDO JARAMILLO Gerente IR: JUAN CARLOS GOMEZ Especialista IR: ANDRES ZULUAGA E-mail: ir@gruposura.com.co Phone: (574) 3197039 www.gruposura.com.co 22

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