Anadolu Anonim Turk Sigorta Sirketi A.s. · BIST:ANSGR
Anadolu Anonim Turk Sigorta Sirketi A.s — FY2015 Earnings Presentation
10 slides from Anadolu Anonim Turk Sigorta Sirketi A.s's earnings presentation, Feb 1, 2016
Slide 1: Financial Results 2015 Conference Call
Financial Results 2015 Conference Call February 1, 2016
Slide 2: Business Highlights of 2015
Business Highlights of 2015 • Achieved 20% of premium production growth • ANSGR increased 12% while ISE-100 index dropped 16% ANSGR : 1,42 1,59 BIST-100 : 85.459 71.727 • Acquired financial strength rating from Fitch Ratings; BBB- (Int) AA+ (Tur) • Acquired corporate governance rating from Saha C
Slide 3: Premium Production
Premium Production (mn TRY) Anadolu Sigorta Non-Life Sector MTPL MOD 29% 20% 23% 3.611 FY15 FY14 3.005 GPW Share GPW Share Allianz 4.051 14,9% Allianz 3.216 14,2% Anadolu 3.611 13,2% Axa 3.078 13,6% Axa 3.066 11,2% Anadolu 3.005 13,2% OTHER 2014 2015 48% Mapfre 2.111 7,7% Ak 1.714 7,5% Ak 1.622 5,9%
Slide 4: Premium Production by Branches
Premium Production by Branches (mn TRY) Anadolu Sigorta Non-Life Sector FY15 FY14 (YoY) FY15 FY14 (YoY) Branch Rank GPW GPW Growth GPW GPW Growth MTPL 3 1.043 780 33,6% 7.486 5.528 35,4% MOD 1 846 824 2,6% 5.551 5.085 9,2% Fire and Nat. D. 1 638 503 26,7% 4.392 3.845 14,2% Health 4 328 280 17,3% 3.4
Slide 5: Bancassurance Business
Bancassurance Business (mn TRY) Personal Accident while total production increased 20% FY14 FY15 YoY Bancassurance GPW 22 39 Total GPW (mn TRY) 80 110 Premium per policy (TRY) 60 105 74% Bancassur. GPW / Total GPW 27,9% 35,7% Share in bancassurance prod. 6,9% 9,5% 30,2% 423 325 Sector Bancassurance
Slide 6: Core Indicators
Core Indicators FY14 FY15 31.12.2014 31.12.2015 Claims Ratio 79,7% 82,9% ANSGR Market 1,42 1,59 Expense Ratio 23,4% 24,0% Value Combined Ratio 103,1% 106,9% 500 mn 500mn Capital Equity (Book Value) 1,051mn 1,202mn Net Profit 71,6mn 63,8mn Q115 Q215 Q315 Q415 FY15 710mn 795mn Mcap 106,2% 109,7% 108,1
Slide 7: IBNR Reserve Development
IBNR Reserve Development 658,7 m 222* 127,1 m 123,5 m 436,7 309,6 186,1 2013 2014 2015 *Min. 222 mn TRY of IBNR will be added on to reserves gradually until the end of 2017 7
Slide 8: Financial Statements
Financial Statements (mn.TRY) P&L Q115 Q215 Q315 Q415 2015 Tech. Income 600,4 628,9 669,3 685,1 2.583,7 Net Earned Premium 577,6 600,3 645,9 663,6 2.487,5 Tech. Expenses -637,0 -689,0 -721,0 -710,0 -2.757,0 Net Financial Inc. + Other Exp. 61,3 71,7 59,9 45,7 238,5 Tax -2,0 2,0 0,0 -2,0 -2,0 Net Prof
Slide 9: Investment Portfolio
Investment Portfolio OTHERS 0,9% In FY15; BONDS Dividend from ANHYT 18 mn TRY 17,1% Investment Income * 248 mn TRY Average Portfolio 2.205 mn TRY STOCKS 4,9% Average Portfolio Income 11,2% * ANHYT dividend excluded TOTAL: TRY 2,41 Billion* FUNDS 5,7% Bank deposits average maturity date is 60 days
Slide 10: Thank You
ANADOLU SIGORTA JANK YOU...
Anadolu Anonim Türk Sigorta Şirketi — FY2015 Earnings Presentation on 6ix