Waberer's International Nyrt. · BET:WABERERS
Waberer's International Nyrt — Merger or Acquisition (December 2024)
8 slides from Waberer's International Nyrt's merger presentation, Dec 5, 2024
Slide 1: Waberer's Group M&A Presentation
WABERER’S GROUP M&A Presentation 5 December 2024 Acquisition of Hungarian Post Insurance & Life Insurance – Introduction & Rationale COMPLEXITY I EXPANSION I SUSTAINABILITY I STABILITY I PEOPLE-FOCUSED
Slide 2: 66.925% stake in Hungarian Post Insurers acquired in line with diversification and growth strategy
In line with the diversification & growth strategy of our insurance segment, 66.925% stake in Hungarian Post Insurers were acquired On 8 July, 2024 Gránit Insurance (100% subsidiary of Waberer’s International) signed a sale & purchase agreement to acquire 66.925% of Hungarian Post Insurance & Hungar
Slide 3: Introduction of Hungarian Post Insurers I.
Introduction of Hungarian Post Insurers I. Business overview Major insurance products (2023) • Hungarian Post Insurance and Hungarian Post Life Insurace were founded in 2002 by Hungarian Post and the German insurer, Talanx. The 66.9% share package of Talanx was acquired in 2022 by Corvinus Internati
Slide 4: Introduction of Hungarian Post Insurers II.
Introduction of Hungarian Post Insurers II. . Hungarian Post Insurance (HUF m) * Hungararin Post Life Insurance (HUF m) * (HUF m) 2021 2022 2023 (HUF m) 2021 2022 2023 Earned premium 13 826 13 826 16 319 Earned premium 111 321 107 700 47 438 Allocation of premium to reinsurance - 3 541 - 2 152 - 2 3
Slide 5: Introduction of Hungarian insurance market
Introduction of Hungarian insurance market Premium of insurance segments (HUF billion) Life insurance + 73 % Non-life insurance + 36 % 1 130 940 827 686 742 700 655 634 646 612 515 556 2019 2020 2021 2022 2023 2024 * Market shares** LIFE INSURANCE NON-LIFE INSURANCE 19% 16% 18% 11% 11% 14% 12% 10% 8
Slide 6: Exploiting post-transaction synergy opportunities
Exploiting post-transaction synergy opportunities Impacts from economies of scale Expansion of product portfolio Granit Insurance's current vehicle and Granit Insurance is currently one of the business-customer focused most cost-efficient insurer in the operations will be complemented by insurance m
Slide 7: Disclaimer
Disclaimer This presentation may contain forward-looking statements. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements are based on current plans, estimates and projections, and therefore should not hav
Slide 8: Thank you!
WABERER’S CSOPORT M&A Presentation Thank you! WABERER’S INTERNATIONAL Nyrt. H-1239 Budapest, Nagykőrösi út 351. Tel: +36 1 421 6300 E-mail: investor.relations@waberers.com
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