Anadolu Anonim Turk Sigorta Sirketi A.s. · BIST:ANSGR

Anadolu Anonim Turk Sigorta Sirketi A.s — Q4 2017 Earnings Presentation

16 slides from Anadolu Anonim Turk Sigorta Sirketi A.s's earnings presentation, Jan 30, 2018

  1. Slide 1: Financial Results 4Q17 Conference Call

    Financial Results 4Q17 Conference Call Jan 30, 2018

  2. Slide 2: Contents

    Contents  Highlights of Sector  Core indicators  Highlights of Anadolu  IBNR reserve development  Premium production  Financial statements  Growth performance  Investment portfolio  Profitability  Q&A session

  3. Slide 3: Highlights of 4Q17 - Sector

    Highlights of 4Q17 - Sector 2017 2016 GPW GPW • Investment Yield (mn TRY) Share (mn TRY) Share Allianz 5.134 12,9% Allianz 5.775 16,3% Anadolu 4.671 11,8% Anadolu 4.484 12,7% Axa 2.908 7,3% Axa 3.562 10,1% Mapfre 2.680 6,8% Mapfre 2.795 7,9% • Pooling System Ak 2.636 6,7% Ak 1.896 5,4% • MTPL Top 10

  4. Slide 4: Highlights of 4Q17 - Anadolu

    Highlights of 4Q17 - Anadolu • Strong financials; (mn TRY) 1Q17 2Q17 3Q17 4Q17 4Q16 YoY(%) (mn TRY) 2017 2016 YoY(%) Net Profit 61,7 24,3 12,8 85,4 27,7 208,3% Gross Profit 236,9 111,2 113,0% Net Profit 184,2 87,9 109,6% • Improved Personal Accident Results ROE 11,2% 7,2% 56,4% Combined Ratio 2016 :

  5. Slide 5: Premium Production

    Premium Production (mn TRY) Anadolu Sigorta 12.17 OTHER MOD 22% 20% MTPL Excluded 2016 2017 YoY(%) HEALTH 12% MOD 899 953 6% MTPL FIRE 756 814 8% 29% FIRE HEALTH 406 538 33% 17% OTHER 842 1.024 22% 2016 1Q17 2Q17 3Q17 4Q17 2017 YoY(%) TOTAL 2.903 3.329 15% MOD 899 189 272 219 273 953 6% MTPL 1.581 2

  6. Slide 6: Premium Production

    Premium Production (mn TRY) Rank Market Share Growth BRANCHES 2017 2016 2017 2017 MOD 953 899 1 13,8% 6,0% Fire 814 756 1 14,2% 7,6% General Liability 181 141 1 17,7% 28,8% Watercraft 89 79 1 40,7% 12,7% Marine 86 82 1 13,3% 5,4% MTPL 1.342 1.581 2 10,3% -15,1% Aircraft Liability 36 34 2 27,1% 5,8%

  7. Slide 7: Growth Performance

    Growth Performance Total Assets (mn TRY) Tech. Reserves (mn TRY) 2% 4% 7.032 4.351 4.456 6.749 5.974 3.914 4.888 2.934 3.773 2.282 3.253 1.851 2013 2014 2015 2016 9M17 2017 2013 2014 2015 2016 9M17 2017 18% 14% Cash and Marketable Sec. (mn TRY) Shareholders' Equity (mn TRY) 4.433 4.497 1.639 3.832 1

  8. Slide 8: Profitability – Combined Ratio

    Profitability – Combined Ratio Combined Ratio 2017 2016 YoY(%) MOD 105,0% 99,8% 5,2% MTPL 110,1% 113,9% -3,4% Fire 112,4% 118,8% -5,4% Health 109,8% 105,4% 4,2% P.Accident 59,0% 68,8% -14,3% Total 107,5% 107,1% 0,4% 111% 107% 107,1% 107,5% 9% 101% 103% 9% 9% 9% 10% 9% 17% 15% 15% 14% 15% 14% 85% 80%

  9. Slide 9: Core Indicators

    Core Indicators (TRY) Change FY17 FY16 (FY17-FY16) Mcap 1.550mn 940mn 65% Equity (Book Value) 1.639mn 1.223mn 34% Net Profit 184,2mn 87,9mn 110% ROE 11,2% 7,18% 56% P / BV 0,95 0,77 23% 9

  10. Slide 10: IBNR Reserve Development

    IBNR Reserve Development (mn.TRY) 885 842 719 805 659 259 633 694 222 566 644 69 120 564 437 460 446 310 2014 2015 3M16 6M16 9M16 2016 3M17 6M17 9M17 2017 10

  11. Slide 11: Financial Statements

    Financial Statements (mn.TRY) Change (%) Change (%) P&L 1Q17 2Q17 3Q17 4Q17 FY17 1Q16 2Q16 3Q16 4Q16 FY16 (QoQ) (YtD) Tech. Income 864 850 799 857 3.370 708 775 834 871 3.188 -2% 6% Tech. Expenses -887 -932 -898 -903 -3.620 -772 -792 -887 -958 -3.409 -6% 6% Net Financial Inc. + Other Exp. 102 110 11

  12. Slide 12: Financial Statements

    Financial Statements (mn.TRY) Assets 31.12. 17 31.12.16 Liabilities 31.12. 17 31.12.16 Cash + Marketable Sec. 4.608 3.966 Technical Provisions 4.456 3.914 Equity Participations 690 427 Shareholders' Equity 1.639 1.223 Other Assets 1.734 1.581 Other Liabilities 937 837 Assets 7.032 5.974 Liabilities

  13. Slide 13: Financial Statements

    Financial Statements (mn.TRY) 8.000 14 13,2 7.000 12 7.032 6.000 5.974 10 5.000 4.888 8 7,78 7,55 7,41 4.497 4.000 3.773 3.832 6 5,85 3.000 3.253 2.775 4 2.000 2.250 1.785 1.639 2 1.000 1.202 1.223 1.051 913 67 72 64 88 184 0 0 2013 2014 2015 2016 2017 Assets Shareholder's Equity Investment Portfoli

  14. Slide 14: Profitability

    Profitability ROAE 13,2 7,55 7,41 5,85 2014 2015 2016 2017 ROE 17,74 15,40 9,90 10,54 8,70 7,70 7,40 5,90 2014 2015 2016 2017 ROE -ANHYT excluded ROE-Consolidated

  15. Slide 15: Investment Portfolio

    Investment Portfolio Stocks Other 4% 1% Bonds In 2017; 10% Dividend from ANHYT 28 mn TRY Investment Income * 519 mn TRY Average Portfolio Income 15% Funds 12% * ANHYT dividend excluded. TOTAL: TRY 4,12 Billion Deposits 73% Deposits Funds Bonds Stocks Other  TRY 3,41 bn at 31.12.2016 15

  16. Slide 16: Anadolu Sigorta - Thank You

    ANADOLU SIGORTA JANK YOU ce.

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