QBE Insurance Group Limited · ASX:QBE
QBE Insurance — Shareholder Meeting (May 2016)
10 slides from QBE Insurance's shareholder meeting presentation, May 4, 2016
Slide 1: QBE Insurance Group 2016 Annual General Meeting
QBE Insurance Group 2016 Annual General Meeting Wednesday 4 May 2016 All figures in US$ unless otherwise stated
Slide 2: Chairman's address
Chairman’s address Marty Becker
Slide 3: Chief Executive Officer's address
Chief Executive Officer’s address John Neal
Slide 4: Agenda
Agenda 1. 2015 performance 2. QBE in 2016 3. 2016 plan and Q1 performance update
Slide 5: 2015 financial results summary
2015 financial results summary For the year ended 31 December 2015 2014(1) 2015(2) Change GWP $M 16,332 14,782 10% NEP $M 14,084 12,213 13% Underwriting profit $M 547 731 34% COR % 96.1 94.0 2.1ppt Insurance profit $M 1,074 1,099 2% Insurance profit to NEP % 7.6 9.0 1.4ppt Profit before tax $M 931 9
Slide 6: All of our divisions delivered an underwriting profit in 2015
All of our divisions delivered an underwriting profit in 2015
Slide 7: QBE is one of very few truly global insurers
QBE is one of very few truly global insurers Unique global footprint across Specialty and commercial 37 countries focused • Asia • Specialty Focus on partnerships and • Pacific Islands • Commercial affinities • Latin America • Crop Strong commercial focus Emerging from large corporates to Re. Market
Slide 8: Our 2016 performance targets
Our 2016 performance targets* Combined operating ratio 94 – 95% Insurance profit margin 8.5 – 10% of net earned premium Gross written premium Net earned premium US$14.2 – 14.6 billion US$11.6 – 12.0 billion * Refer to page 9 of the 2015 annual report for target assumption details
Slide 9: www.qbe.com
Investor update – Tuesday 10 May 2016 To view our investor update live via video webcast from 8.30am on Tuesday 10 May, please visit: www.qbe.com
Slide 10: Important disclaimer
Important disclaimer • This presentation should be read in conjunction with all information which QBE has lodged with the Australian Securities Exchange (“ASX”). Copies of those lodgements are available from either the ASX website www.asx. com.au or QBE’s website www.qbe.com. • Prior to making a dec