Qualitas Controladora S.a.b. De C.v. · BMV:Q
Qualitas Controladora S.a.b. De C.v — Qualitas Controladra Sab — Q3 2022 Earnings Presentation
8 slides from Qualitas Controladora S.a.b. De C.v's earnings presentation, Oct 20, 2022
Slide 1: Earnings results Webcast 3rd Quarter 2022
Earnings results Webcast 3rd Quarter 2022 October 21st, 2022
Slide 2: Healthy performance despite industry cycle
Healthy performance despite industry cycle Mexico auto insurance business → Core business → +15% top line growth → Expected claims dynamics International subsidiaries Financial income → Focus on profitability → Shifting strategy; assuring → Fueling top line growth higher returns
Slide 3: Building sustainable growth and long-term value
Building sustainable growth and long-term value Aug ‘22 Sept ‘22 Strategy By year 3 Approval • Launch, learn, adjust & expand Profitable and First policies • Target market: C, C- population accretive to holding underwriting • Focus on prevention company financials QUALITAS’ SUSTAINABILITY COMMITMENT
Slide 4: Consistent & broad base top line growth
Consistent & broad base top line growth Written premiums Business line 3Q22 9M22 %∆ growth vs previous period 27,623 29,611 25,274 Individual → +20.3% +14.7% 10,115 8,610 8,840 9.3% 7.2% Fleets → +13.7% +10.2% 2.7% 14.4% 3Q20 3Q21 3Q22 9M20 9M21 9M22 Financial → +10.7% (-5.1%) Institutions Earned pr
Slide 5: Expected claims dynamics; right actions in place
Expected claims dynamics; right actions in place 3Q22 71.4% 9M22 68.5% LOSS RATIO 3Q21 66.1% 9M21 63.3% CAUSES ACTIONS TAKEN → Automobile industry inflation ~11% → Constant tariff adjustments; +14% eop → Frequency 7.4%; claims +11% above 2019 → Vertical integration; price efficiencies ~15% → Average
Slide 6: Shifting strategy; assuring higher returns
Shifting strategy; assuring higher returns 9M22 628 ROI: 1.6% FINANCIAL INCOME 9M21 1,653 ROI: 5.4% EQUITY FIXED INCOME → 13% of total investment portfolio → 87% of total investment portfolio → One time impact single position of ~$700 → Current yield to maturity of 7.9% million YTD in our financials
Slide 7: Analysts & IR contacts
Analysts & IR contacts Analyst: Analyst: Analyst: Analyst: Analyst: Gilberto García Rodrigo Ortega Thiago Paura Ernesto Gabilondo Jorge Gordillo E-mail: E-mail: E-mail: E-mail: E-mail: gilberto.garcia@barclays.com r.ortega@bbva.com thiago.paura@btgpactual.com ernesto.gabilondo@baml.com jgordillo@cib
Slide 8: Qualitas Controladora
Qualitas Controladora Information discussed on today’s webcast may include forward-looking statements regarding the company’s results and prospects, which are subject to risks and uncertainty. Actual results may differ materially from what is discussed here today, and the company cautions you not to
Qualitas Controladra Sab — Q3 2022 Earnings Presentation on 6ix