Ms&ad Insurance Group Holdings, Inc. · TSE:8725
Ms&ad Insurance — Investor Presentation (July 2022)
10 slides from Ms&ad Insurance's investor presentation, Jul 19, 2022
Slide 1: MS Amlin AG
MS Amlin AG July 19, 2022 (Tue)
Slide 2: Presenter – Robert Wiest, CEO, MS Amlin AG
Presenter – Robert Wiest, CEO, MS Amlin AG 1
Slide 3: Table of Contents
Table of Contents Who is Robert Wiest? 1. Introducing The New CEO Why move to MS Amlin AG? 2021 full year performance 2. Financial Updates 2022 business plan update Introducing the two phase approach, building 3. MS AAG Strategic Actions robust foundations for future growth
Slide 4: 1. Introducing The New CEO
1. Introducing The New CEO Who is Robert Wiest? Curriculum Vitae Key Experience From To Position 2022 Present CEO, MS Amlin AG • 26 years in Reinsurance, 17 years in senior management positions 1995 2021 Swiss Re 2019 2021 COO Reinsurance • Covered a broad variety of roles along the value 2018 2019
Slide 5: 2. 2021 Full Year Performance
2. 2021 Full Year Performance 2021 2021 KPI Var. Plan Actual $290m YoY Growth in diversified non- cat premium. GWP $m 1,696 2,208 512 The remainder is driven by 100% fronting Claims Ratio 63% 96% 32% arrangements which support MS&AD Group Normalised Claims Ratio* 63% 66% 2% initiatives. Acquisition
Slide 6: 2. 2022 Business Plan Update
2. 2022 Business Plan Update 2021 2022 KPI Var. Actual Plan Improvement in Combined 27pp Ratio vs. 2021 actual GWP $m 2,208 1,830 (377) Claims Ratio 96% 66% (30%) Exc. Ukraine 61% 94% Combined Ratio (excluding Ukraine) Acquisition Ratio Expense Ratio 24% 6% 27% 6% 3% 1% Combined Ratio 125% 99% (27%)
Slide 7: 3. MS AAG Strategic Actions – Underwriting Portfolio
2. MS AAG Strategic Actions – Underwriting Portfolio 2021 Direct GWP (excl. Fronting) 2025 Direct GWP (excl. Fronting) Future 30% direction 30% 40% 44% 26% 30% Property Specialty Casualty Property Specialty Casualty Growth in Financial Lines, Cyber and Crop which supports our strategic goal of Growt
Slide 8: 3. MS AAG Strategic Actions
3. MS AAG Strategic Actions The Objectives Strategic Trajectory Future Market Positioning Solidifying the foundation to earn the 'right to grow’ and scale to greatness • Diversified portfolio reinsurer • Core offering across Today 2024 2027+ classes • Addressing all core markets and geographies 'Rig
Slide 9: 3. Fix It – Solidify Foundations
3. Fix It – Solidify Foundations The Starting Point The Vision & Key Areas of Transformation MS AAG is operating below its true potential We are a trusted & Our historical performance reliable risk partner, enabling has been affected by high our clients in their loss ratio and high capital business
Slide 10: Two clear steps
3. MS AAG Strategic Actions - Summary Strategic Trajectory Today 2024 2027+ Two • • GWP $2.5bn - $3bn CR average 93% clear • • Consistent PBT $200m+ RoE of 12% over the cycle steps 'Right to grow – Achieve Scale' 'Fix it – Solidify Foundation' Our focus for 2022 and 2023 is to build the solid founda
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