Swiss Re Ag · SIX:SREN
Swiss Re — UBS European Conference 2011
9 slides from Swiss Re's conference presentation, Nov 16, 2011
Slide 1: UBS European Conference
a UBS European Conference Stefan Lippe, Chief Executive Officer 16 November 2011
Slide 2: The roadmap; Three Business Units to support our priorities
a The roadmap Outperform our peers Reinsurance Admin Re® The leading Build on Asset Management player in the what we are wholesale good at Smart expansion re/insurance Corporate Solutions industry Longevity Emerging Markets UBS European Conference | Stefan Lippe | London, 16 November 201
Slide 3: Challenging market environment; The interest rate shock deepens
a Challenging market environment UBS European Conference | Stefan Lippe | London, 16 November 2011 4 The interest rate shock deepens a 5-year treasury bonds Low yields pressure ROE 20% 8 7 18% 6 16% 5 ROI: 5,9% 14% 4 ROE 12% 3 2 10% 2000 1 8% ROI: 3,5% 0 6% 2000 2001 2002 2003 2004 2005 2006 2007 20
Slide 4: The P&C reinsurance cycle
The P&C reinsurance cycle Drivers of market turn a US P&C primary underwriting cash flows P&L 20% – Soft market pricing since 2008 10% – Reserve releases not sustainable – Record low interest rates pressure 0% technical results -10% – Natural catastrophe events of 2010-11 2004 2005 2006 2007 200
Slide 5: Swiss Re is well positioned to capture market opportunities
a Swiss Re is well positioned to capture market opportunities UBS European Conference | Stefan Lippe | London, 16 November 2011 7 Growth drivers for Swiss Re Short-term a Growth drivers next 2 years Swiss Re opportunities Rebalancing our Casualty portfolio, Hardening of P&C market Reinsurance and Co
Slide 6: Swiss Re's successful 2011 renewals
Swiss Re’s successful 2011 renewals Rising prices, higher volumes a Total treaty portfolio, premiums as costed July 2011 renewals USD 2.20bn USD 2.04bn 108% YTD 2011 renewals (January – July) 100% Total treaty portfolio Renewable Estimated 01 July 2011 outcome USD 12.23bn USD 1.80bn April 2011 renew
Slide 7: Financial targets
Financial targets Committed to achieving our financial targets a Target FY 20101 Q1 2011 Q2 2011 Q3 2011 9M 2011 ROE: 700 bps above risk free 8.2% 9.2% -10.7% 15.6% 20.5% average over 5 years2 EPS: 10% average annual growth rate over 5 years (in 6.62 -1.94 2.80 3.94 4.80 USD)3 ENW per share: growth
Slide 8: Questions & answers; Corporate calendar & contacts
a Questions & answers UBS European Conference | Stefan Lippe | London, 16 November 2011 13 Corporate calendar & contacts a Corporate calendar 23 February 2012 Annual Results Zurich 13 April 2012 148th Annual General Meeting Zurich 17 April 2012 Investors' Day London 04 May 2012 First Quarter 2012 re
Slide 9: Cautionary note on forward-looking statements
Cautionary note on forward-looking statements a Certain statements and illustrations contained herein are forward-looking. These statements and illustrations provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to a histor