Edelweiss Financial Services Limited · NSE:EDELWEISS
Edelweiss Financial Services — Corporate Update (October 2021)
13 slides from Edelweiss Financial Services's corporate update, Oct 28, 2021
Slide 1: Exchange filing cover letter: Update on Life Insurance Business
EW/Sec/2021/187 October 28, 2021 BSE Limited National Stock Exchange of India Limited P J Towers, Exchange Plaza, Dalal Street, Fort, Bandra Kurla Complex, Bandra (E), Mumbai – 400 001. Mumbai – 400 051. Scrip Code: 532922 Symbol: EDELWEISS Dear Sir/Madam, Sub: Update on Life Insurance Business Plea
Slide 2: Life Insurance Business Update
Life Insurance Business Update
Slide 3: Exciting growth opportunity for long-term value creation
Exciting growth opportunity for long-term value creation Industry growth is poised to accelerate Industry Premium INR Cr Industry Premium next 40-year CAGR 75,700 ~15% premium CAGR in next 40 years in base case 68,200 53,200 17.5% 14.8% 11.6% FY 17 FY 19 FY 21 Bear case Base case Bull case (CAGR%) (
Slide 4: Key highlights
Key highlights 1 Youngest and fastest growing life insurance player 2 Unique innovative solutions 3 Superior quality and higher long-term value 3
Slide 5: Youngest and fastest growing life insurance player
1 | Youngest and fastest growing life insurance player APE Growth INR Cr 80,00 75,658 70 0 70,00 60 0 60,00 53,218 50 0 50,00 404 40 0 40,00 30 0 30,00 20,00 165 20 0 10 0 10,00 - 0 FY 17 FY 21 ETLI Industry 4
Slide 6: Created industry first products and features
2 | Created Industry 1 st products and features Industry Products Point of Sales product to be launched in the industry Covid product in the Life Insurance industry Product with customized pricing Industry Features Fourth generation ULIP product with industry best expense ratio Term product with spo
Slide 7: Forged customer and distributor trust
Forged customer and distributor trust Average Premium per policy Advisors INR ‘000 # ‘000 54 58 36 21 FY 17 FY 21 FY 17 FY 21 6
Slide 8: Won accolades across the board for innovation
Won accolades across the board for innovation Product Best Best Product Product Innovation Product Innovation Innovation for for Wealth Innovation Weallth Plus Wealth Plus Wealth Plus Secure+ Times National Golden Globe Tiger Golden Peacock Awards for Marketing India Insurance Summit Awards 2018 Awa
Slide 9: Superior quality in 10 years compared to industry
3 | Superior quality in 10 years compared to industry 13M Persistency 77% Claims Settlement 69% ETLI 10th year 97% Grievances (per 10k) 10th year Industry 91% ETLI Average 10th year 61 10th year ETLI Industry 239 10th year Average 10th year Industry Average Comparison of industry 10th year average w
Slide 10: Built long-term value with profitable portfolio
Built long-term value with profitable portfolio Product Mix Value of New Business Average Policy Term INR Cr Years Traditional ULIP 28 141 18% 20 34% 52 82% 66% FY 17 FY 21 FY 17 FY 21 FY 17 FY 21 9
Slide 11: Our strategy
Our strategy Objective “Be a multi-channel franchisee with top quartile proprietary channel productivity through superior experience” Strengthening Innovation Distribution Experience Customer Product High lifetime value Higher value Productivity Outcomes of Customer creation growth 10
Slide 12: Continue to grow faster than industry and create long term value
Continue to grow faster than industry and create long term value Individual APE Total Premium Embedded Value INR Cr INR Cr INR Cr ~3200 ~3200 ~850 400 1200 1200 FY21 in 5 yrs FY21 in 5 yrs FY21 in 5 yrs 2.5x growth in Embedded Value on the back of 2x growth in Individual APE 11
Slide 13: Safe Harbour
Safe Harbour This document may contain certain forward - looking statements, which are tentative, based on current expectations of the management of Edelweiss Tokio Life Insurance Company Ltd (“ETLI”). The results in future may vary from the forward-looking statements contained in this document due
Edelweiss Financial Services — Corporate Update (October 2021) on 6ix