Sagicor Financial Co. Ltd. Class A · TSX:SFC
Sagicor Financial Co. Ltd. Class A — Q4 2019 Earnings Presentation
14 slides from Sagicor Financial Co. Ltd. Class A's earnings presentation, Apr 29, 2020
Slide 1: Q4 2019 and FY 2019 Review of Performance
Sagicor Financial Company Ltd. Q4 2019 and FY 2019 Review of Performance April 2020
Slide 2: Forward-looking information
Q4 2019 and FY 2019 Review of Performance (TSX: SFC) PAGE 2 Forward-looking information Certain information contained in this presentation may be forward-looking statements within the meaning of Canadian securities laws. Forward-looking statements are often, but not always, identified by the use of
Slide 3: Why invest in Sagicor
Q4 2019 and FY 2019 Review of Performance (TSX: SFC) PAGE 3 Why invest in Sagicor (TSX: SFC) • Solid, market-leading and profitable Caribbean life insurer and financial services provider with three strong operating segments – Sagicor Life Inc., Sagicor Group Jamaica (49% controlling ownership) and S
Slide 4: 2019 key metrics and highlights
Q4 2019 and FY 2019 Review of Performance (TSX: SFC) PAGE 4 2019 key metrics and highlights • Net income to shareholders from continuing operations of $87 million (versus target of $77 million) • Total revenues of $1.9 billion, up 35% • Book value per share of US$7.81 • Completed transaction with Al
Slide 5: Capitalization post transaction
Q4 2019 and FY 2019 Review of Performance (TSX: SFC) PAGE 5 Capitalization post transaction • $1.15 billion of shareholders equity, including $450 million of additional equity capital raised in 2019 to be deployed in 2020 and beyond • Approximately 147.8 million shares outstanding, of which approxim
Slide 6: Sagicor is a market leader in the Caribbean
Q4 2019 and FY 2019 Review of Performance (TSX: SFC) PAGE 6 Sagicor is a market leader in the Caribbean • Leading indigenous life insurer in English speaking Caribbean countries • Strong market share across core geographies • 180 years history, >4,500 employees including 1,300 agents in 20 countries
Slide 7: Sagicor Life Q4 and 2019 results
Q4 2019 and FY 2019 Review of Performance (TSX: SFC) PAGE 7 Sagicor Life Q4 and 2019 results Sagicor Life Highlights (100% Ownership) • Revenues grew 45% Q/Q, grew 57% Y/Y • Leading market shares throughout English-speaking Caribbean • Primarily driven by gains in new business premiums from the life
Slide 8: Sagicor Jamaica Q4 and 2019 results
Q4 2019 and FY 2019 Review of Performance (TSX: SFC) PAGE 8 Sagicor Jamaica Q4 and 2019 results Sagicor Jamaica (JSE: SJ) Highlights (49% Ownership) • #1 individual life, group health provider in • Revenues grew 23% Q/Q, grew 25% Y/Y Jamaica, plus significant investment • Primarily driven by gains i
Slide 9: Sagicor Life USA Q4 and 2019 results
Q4 2019 and FY 2019 Review of Performance (TSX: SFC) PAGE 9 Sagicor Life USA Q4 and 2019 results Sagicor Life USA Highlights (100% Ownership) • Revenues declined 28% Q/Q, grew 33% Y/Y • Growing provider of life insurance • Overall growth, primarily driven by gains in new business premiums from and f
Slide 10: Net income from continuing operations, $ USD millions
Q4 2019 and FY 2019 Review of Performance (TSX: SFC) PAGE 10 Net income to shareholders from continuing operations 100 90 80 70 $ USD millions 60 50 40 30 20 10 0 2014 2015 2016 2017 2018 2019 Represents net income to shareholders from continuing operations 2018 affected by Barbados debt restructuri
Slide 11: 2020 outlook
Q4 2019 and FY 2019 Review of Performance (TSX: SFC) PAGE 11 2020 outlook • 2020 started with positive momentum after exceeding targets in 2019 • Starting in March 2020, COVID-19 pandemic has affected all of the markets in which we operate • Concentrating on adjusting operations, continuing to suppo
Slide 12: Growth opportunities
Q4 2019 and FY 2019 Review of Performance (TSX: SFC) PAGE 12 Growth opportunities • Continue growth in Caribbean markets where Sagicor is a leader and population is under-insured • Expand product base in core markets into banking and wealth management • Continue to grow U.S. business in life and ann
Slide 13: Key takeaways
Key takeaways Established 180 Well-capitalized Compelling entry year old market- with $450 million point with new leading Caribbean new equity raise listing on TSX life insurer with opportunities for growth in core markets
Slide 14: For further information
Q4 2019 and FY 2019 Review of Performance (TSX: SFC) PAGE 14 For further information Samantha Cheung EVP Investor Relations Samantha_Cheung@Sagicor.com 416-898-4324 or 800-342-0719 Please visit www.sagicor.com Andre Mousseau Group CFO Andre_Mousseau@Sagicor.com
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