Anadolu Anonim Turk Sigorta Sirketi A.s. · BIST:ANSGR

Anadolu Anonim Turk Sigorta Sirketi A.s — Q1 2017 Earnings Presentation

13 slides from Anadolu Anonim Turk Sigorta Sirketi A.s's earnings presentation, May 2, 2017

  1. Slide 1: Financial Results 17Q1 Conference Call

    Financial Results 17Q1 Conference Call May 2, 2017

  2. Slide 2: Contents

    Contents  Highlights of 17Q1  Premium production  Growth performance  Profitability  Core indicators  IBNR reserve development  Financial statements  Investment portfolio  Q&A session

  3. Slide 3: Highlights of 17Q1 - Sector

    Highlights of 17Q1 - Sector • Changing trends & Market shares • MTPL price cap regulation • Market share vs Profitability • Investment income

  4. Slide 4: Highlights of 17Q1 - Anadolu

    Highlights of 17Q1 - Anadolu • ANSGR has increased 38% in 4 months, • Strong financials, 85,2 mn TRY gross profit ANSGR : 1,88*  2,59 *adjusted after profit distubition 61,7 mn TRY net profit 4,9% ROE for Q117 38% • Technical profit at MTPL branch Combined Ratio 28% 2,59 2,41 Q116 : 140%  70 mn TR

  5. Slide 5: Premium Production

    Premium Production (mn TRY) Anadolu Sigorta Non-Life Sector MOD 17% OTHER 41% 17Q1 16Q1 GPW Share GPW Share MTPL 26% Allianz 1.421 13,2% Allianz 1.331 13,8% Anadolu 1.122 10,4% Anadolu 1.088 11,3% FIRE 16% Axa 831 7,7% Axa 1.083 11,2% Mapfre 774 7,2% Mapfre 787 8,2% 16Q1 16Q2 16Q3 16Q4 17Q1 YoY(%) Z

  6. Slide 6: Growth Performance

    Growth Performance Tech. Reserves (mn TRY) Total Assets (mn TRY) 3.914 3% 4.019 5.974 6.055 1% 4.888 2.934 3.773 2.282 3.253 1.851 2013 2014 2015 2016 17Q1 2013 2014 2015 2016 17Q1 Cash and Marketable Sec. (mn TRY) Shareholders' Equity (mn TRY) 3.832* 3% 3.955** 1.202 1.223 3% 1.260 1.020 2.776 913

  7. Slide 7: Profitability

    Profitability Combined Ratio 17Q1 16Q1 Combined Ratio MOD 93,6% 98,7% 109,1% MTPL 95,5% 140,2% 102,7% 21,6% Fire 90,4% 86,5% 23,4% Health 105,8% 83,5% P.Accident 68,4% 52,1% 87,5% Total 102,7% 109,1% 79,3% Technical Balance (mn TRY) 17Q1 16Q1 MOD 10,4 24,2 MTPL 62,8 -69,9 Fire 22,9 16,3 Health 24,3

  8. Slide 8: Core Indicators

    Core Indicators (TRY) Change Change 17Q1 2016 (17Q1-2016) 2015 (2016-2015) ANSGR Market Value 2,41 1,88 28% 1,55 21% Mcap 1.205mn 940mn 28% 775mn 21% Equity (Book Value) 1.260mn 1.223mn 3% 1.202mn 2% Net Profit 61,7mn 87,9mn -- 63,8mn 38% ROE 19,61%* 7,18% 73% 5,31% 35% P / BV 0,96 0,77 25% 0,64 20%

  9. Slide 9: IBNR Reserve Development

    IBNR Reserve Development (mn.TRY) 50 mn TRY 719 659 259 633 694 222 644 566 69 120 564 460 446 437 310 2014 2015 16Q1 16Q2 16Q3 2016 17Q1 9

  10. Slide 10: Financial Statements

    Financial Statements (mn.TRY) P&L 17Q1 16Q1 Change (%) Tech. Income 864 708 22% Tech. Expenses -887 -772 15% Net Financial Inc. + Other Exp. 108 70 55% Gross Profit 85 5 1572% Tax -23 -3 694% Net Profit 62 2 2780%

  11. Slide 11: Financial Statements

    Financial Statements (mn.TRY) Assets 17Q1 2016 Liabilities 17Q1 2016 Cash + Marketable Sec. 3.994* 3.966** Payables 613* 666** Receivables 1.059 1.049 Technical Provisions 4.019 3.914 Equity Participations 434 427 Shareholders' Equity 1.260 1.223 Fixed Assets 152 158 Other Liabilities 163 171 Other

  12. Slide 12: Investment Portfolio

    Investment Portfolio Funds Other 9% 1% In 17Q1; Bonds Dividend from ANHYT 28 mn TRY 12% Investment Income * 109 mn TRY Average Portfolio Income 12,6% * ANHYT dividend excluded. TOTAL: TRY 3,60 Billion Stocks 4%  Bank deposits average maturity date is 1-3 months while bonds’ is 3 years. Deposits  1

  13. Slide 13: Thank you

    ANADOLU SIGORTA JANK YOU ce.

Anadolu Anonim Türk Sigorta Şirketi — Q1 2017 Earnings Presentation on 6ix