Grupo De Inversiones Suramericana S.a. · BVC:GRUPOSURA
Grupo De Inversiones Suramericana — Q4 2017 Earnings Presentation
23 slides from Grupo De Inversiones Suramericana's earnings presentation, Sep 10, 2018
Slide 1: 4Q 2017 Results Presentation
4Q - 2017 Results Presentation
Slide 2: Disclaimer
DISCLAIMER The forward-looking statements contained herein are based on Management’s current forecasts and outlook For better illustration and decision-making, figures for Suramericana, SURA Asset Management and its subsidiaries are administrative rather than accountant, and therefore may differ fro
Slide 3: Agenda
AGENDA Grupo SURA Consolidated Results Suramericana Insurance, Trends and Risk Management SURA Asset Management Pensions, Savings and Asset Management 3
Slide 4: Grupo SURA Consolidated Results
Grupo SURA Consolidated Results 3Q 2017 4
Slide 5: Highlights: Grupo SURA
HIGHLIGHTS» GRUPO SURA • Growth in all businesses: Total revenues of COP 20.5 tn (+12.0%). INVESTMENT PORTFOLIO* • Driven by good dynamics of written premiums (+15.9%), revenues from services rendered (21.1%) and investment income (+ 12.6%). Other • Effort in efficiency: Suramericana improves operat
Slide 6: Statement of Financial Position
S TAT E M E N T O F F I N A N C I A L P O S I T I O N » CONSOLIDATED Assets » Liabilities » dic-16 67,517,365 dic-16 42,121,538 + 1,858,929 + 1,028,196 2.8% 2.4% dic-17 69,376,294 dic-17 43,149,734 0.0 10 , 00 0,000.0 20 , 00 0,000.0 30 , 00 0,000.0 40 , 00 0,000.0 50 , 00 0,000.0 60 , 00 0,000.0 70
Slide 7: Statement of Financial Position: Debt
S TAT E M E N T O F F I N A N C I A L P O S I T I O N DEBT Grupo SURA’s unconsolidated Financial COP 74.7% Debt: COP 4.99 trillion* DEBT EXPOSURE TO CURRENCIES** Subsequent Event to 4Q2017: USD 25.3% In January 2018 we finished hedging 100% of the 2021 international bonds, bringing the total USD exp
Slide 8: Statement of Comprehensive Income
S TAT E M E N T O F C O M P R E H E N S I V E I N C O M E » CONSOLIDATED Var%: +13.9% +21.1% NA +8.7% +12.6% +5.5% +12.0% 77,343 20,461,749 215,709 Total Revenues» 490,372 187,157 1,457,847 (242,356) 18,275,677 dic-16 18,275,677 + 2,186,072 12.0% dic-17 20,461,749 2016 Retained Services Exchange Com
Slide 9: Statement of Comprehensive Income: Net Income
S TAT E M E N T O F C O M P R E H E N S I V E I N C O M E » CONSOLIDATED Grupo SURA & Other* 104,927 1,671,658 (1,800) Net Income Excluding (31,713) (174,428) 1,454,616 Var$ (19,682) (82,536) Fx Impact Corporate Segment**: (85,427) 73,618 Grupo SURA (174,428) SURA AM (77,920) Suramericana (28,281) O
Slide 10: SURA Insurance, Trends and Risk Management
SURA INSURANCE, TRENDS AND RISK MANAGEMENT SURAMERICANA S.A CONSOLIDATED RESULTS 10
Slide 11: Highlights: Suramericana
HIGHLIGHTS» SURAMERICANA % WRITTEN PREMIUMS • Positive progress in the integration of operations acquired in 2016, incorporating Trends and El Salvador Uruguay Risks Management as a strategic differentiation factor. 3% 2% Rep. Dom. Panamá 2% • Total revenues of COP 14.2 bn (+ 20.9%), driven by acqui
Slide 12: Statement of Comprehensive Income: Suramericana
S TAT E M E N T O F C O M P R E H E N S I V E I N C O M E » CONSOLIDATED Var%: +22.4% +22.2% +39.3% +0.8% NA +34.5% +20.9% 105,334 8,753 99,252 14,201,528 Total Revenues » 475,737 1,786,294 (20,578) dic-16 11,746,736 + 2,454,792 11,746,736 20.9% dic-17 14,201,528 2016 Retained Services Commission In
Slide 13: Consolidated Figures Suramericana S.A.
S TAT E M E N T O F C O M P R E H E N S I V E I N C O M E » CONSOLIDATED FIGURES SURAMERICANA S.A. Corporate Segment 10,906 23,240 87,886 16,152 506,586 (12,050) (28,281) (28,033) 35,107 401,659 Net Income Excluding: • Exchange rate difference from the corporate segment • Intangible amortizations (n
Slide 14: Main Figures Segments: Life
SURA INSURANCE, TRENDS AND RISK MANAGEMENT » MAIN FIGURES SEGMENTS Premiums Retained Claims Ratio LIFE » dic-17 %Var dic-17 dic-16 Life 660,531 4.7% 28.5% 23.9% Group Life 871,066 20.9% 35.1% 34.9% Var%: +14.6% +15.8% +8.3% -6.7% +6.7% Pension 678,691 10.4% 103.6% 102.6% Health 1,031,757 17.4% 64.6%
Slide 15: Main Figures Segments: Non-Life
SURA INSURANCE, TRENDS AND RISK MANAGEMENT » MAIN FIGURES SEGMENTS Uruguay Rep. Dom. El Salvador 4% 3% 2% Panamá Other 6% 27% NON-LIFE» Colombia Auto México 31% 36% 8% WRITTEN WRITTEN Var%: +29.8% +25.3% +28.6% +40.9% -19.1% +132% +92.2% Brasil PREMIUMS BY PREMIUMS 7% COUNTRY Compliance BY SOLUTION
Slide 16: Main Figures Segments: Health Care
SURA INSURANCE, TRENDS AND RISK MANAGEMENT » MAIN FIGURES SEGMENTS HEALTH CARE » Var%: +22.1% +22.8% +13.2% -4.3% +38.2% 563,982 Services rendered Claims Ratio dic-17 %Var dic-17 dic-16 EPS 2,432,223 23.6% 92.8% 92.8% IPS 467,012 19.8% Dinámica 219,830 11.4% Total 3,119,065 22.1% 28,563 39,469 (507,
Slide 17: SURA Asset Management Consolidated Results
SURA ASSET MANAGEMENT CONSOLIDATED RESULTS 17
Slide 18: Highlights: SURA Asset Management
HIGHLIGHTS» SURA ASSET MANAGEMENT SURA AM Consolidated Mandatory Pensions Voluntary Savings • Net operating income +10% • Commission income growing +2.3% • Creation of Asset Management unit • Income from legal reserve +119% • Operating earnings +11.8% • Positive growth evolution • Total insurance ma
Slide 19: SURA Asset Management Consolidated Figures
SURA ASSET MANAGEMENT » CONSOLIDATED FIGURES Var%: +4.3% +45.2% +119% -6.3% +29.9% +10.1% Operating Income + Insurance Margin» 110,970 8,505 2,611,716 53,776 (15,356) 82,024 2,371,797 dic-16 2,371,797 239,919 10.1% dic-17 2,611,716 1,00,000 .0 1,20,000 .0 1,40,000 .0 1,60,000 .0 1,80,000 .0 2,00,000
Slide 20: Consolidated Figures: SURA Asset Management Net Income
S TAT E M E N T O F C O M P R E H E N S I V E I N C O M E » CONSOLIDATED FIGURES – SURA ASSET MANAGEMENT Corporate Segment 617,108 35,468 23,676 (5,086) Net Income excluding Fx 1,762 (4,047) 34,517 18,833 615,229 impact and non-recurring (77,920) (14,023) (14,776) provisions +16.8% Non-recurring Fx
Slide 21: Mandatory Pensions Business
SURA ASSET MANAGEMENT » MANDATORY PENSIONS BUSINESS Var%: +10.8% +9.5% -51.3% +42.0% +3.8% • Operating earnings of COP 1.25 tn (+11.8%) driven by encaje return and equity method. 207,701 • Net income impacted by non recurring charges and lower (76,317) 959,723 taxes in 2016. 924,255 (8,268) (87,648)
Slide 22: Voluntary Savings Business
SURA ASSET MANAGEMENT » VOLUNTARY SAVINGS BUSINESS Protección 2016 Net Equity 2017 Net Income Chile México Perú Uruguay Method Corporate Income • Voluntary savings business continues with growth strategy • AUM of COP 37.1 tn (+39%) with double digit growth in all countries. • Positive Net Flow of CO
Slide 23: Investor Relations Contacts
CEO: DAVID BOJANINI CFO: RICARDO JARAMILLO Gerente IR: JUAN CARLOS GOMEZ Especialista IR: ANDRES ZULUAGA E-mail: ir@gruposura.com.co Phone: (574) 3197039 www.gruposura.com.co 23
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