Uniqa Insurance Group Ag · VIE:UQA
Uniqa Insurance — Shareholder Meeting (May 2016)
35 slides from Uniqa Insurance's shareholder meeting presentation, May 30, 2016
Slide 1: 17th Ordinary General Assembly of UNIQA Insurance Group
17. ordentliche Hauptversammlung von UNIQA th Insurance Group 17 ordinary General Assembly of Wien, 30. Mai 2016 UNIQA Insurance Group Vienna, May 30th 2016 17. ordentliche Hauptversammlung Wien, 30. Mai 2016 1
Slide 2: Agenda
Agenda 1. Presentation of the adopted non-consolidated financial statements and the consolidated financial statements of UNIQA Insurance Group AG for the year ending 31 December 2015, of the management report, the corporate governance report of the management board, and of the management board's pro
Slide 3: Item 1 on the Agenda
Item 1 on the Agenda 1. Presentation of the adopted non-consolidated financial statements and the consolidated financial statements of UNIQA Insurance Group AG for the year ending 31 December 2015, of the management report and the consolidated management report, the corporate governance report of th
Slide 4: 17th ordinary General Assembly of UNIQA Insurance Group
17th ordinary General Assembly of UNIQA Insurance Group Vienna, May 30th 2016 17. ordentliche Hauptversammlung Wien, 30. Mai 2016 4
Slide 5: Halftime of UNIQA 2.0
Halftime of UNIQA 2.0 I 2011–2012 Get ready 2013–2015 Start winning 2016–2020 Create future II 2011–2012 Get ready 2013–2015 Start winning 2016–2020 Create future 5
Slide 6: UNIQA 2.0 targets of June 2011
UNIQA 2.0 targets of June 2011 What is our How can we Where can What is Why is this goal? achieve we improve required? attractive? this goal? our core business? 1 2 3 4 € 5 Customer Focus on Implementation Solid capital Attractive growth core of key base financials business programmes Double the Foc
Slide 7: Delivered (1/3)
Delivered (1/3) • Customer increase from 7.5 Mio up to 10 Mio. # Customers • Most trusted insurance 1 brands 7.5M +33% 10M • Strengthened regional 2011 2015 Customer presence growth • Investments in CEE Deal activities • Stake increase of private Divest Invest 2 hospitals Regional Mann- heimer Basle
Slide 8: Delivered (2/3)
Delivered (2/3) • UNIQA Austria: COR (net) Improvement of cost and combined ratio, Portfolio 105% −7.2pp 97.8% restructuring 2011 2015 • Raiffeisen Insurance: 3 Cooperation agreement, Significant increase in Net Admin Cost Ratio1 productivity 14.6% −4.8pp 9.8% 4 key • UNIQA International: 2011 2015
Slide 9: Delivered (3/3)
Delivered (3/3) • Successful Re-IPO • Total equity increase ECR • Solid capital position without 4 € use of transitionals and <100% +80pp >182% 2011 2015 including risk charge for all Solid capital government bonds base • Consistent increase in profit Profit on ordinary activities in € from ordinary
Slide 10: Summary: Solid base for second half of UNIQA 2.0
Summary: Solid base for second half of UNIQA 2.0 Solid Capitalisation Clear organisational structure UNIQA Insurance Group Raiffeisen UNIQA UNIQA UNIQA Insurance Austria International Reinsurance Austria Life Health Health P&C Profitability increased Diversified Growth Potential Raiffeisen Insurance
Slide 11: Halftime of UNIQA 2.0
Halftime of UNIQA 2.0 I 2011–2012 Get ready 2013–2015 Start winning 2016–2020 Create future II 2011–2012 Get ready 2013–2015 Start winning 2016–2020 Create future 11
Slide 12: Extreme challenges from 2016-2020
Extreme challenges from 2016-2020 Increasing pressure on core Pressure on business model through business through markets and customer behaviour and digital regulation transformation • Toxic low interest environment and • Radical changes in customer volatile capital markets behaviour in interactions
Slide 13: Digital transformation
We invest 500 MEUR in our future Fields of action 2016-2020 A operational Continue optimisation of excellence in our Investing in our business model of the future B core business Turnaround Life Modernisation Digital transformation IT Profitability P/C Development of Stability Health alternative bus
Slide 14: Leaner Group Structure
Leaner Group Structure Current Group structure New functional structure (end of 2016) UNIQA Insurance Group UNIQA Insurance Group Raiffeisen UNIQA UNIQA UNIQA UNIQA UNIQA UNIQA Insurance Inter- Re- Austria Austria International Re-insurance Austria national insurance 50% 50% Salzburger Finance UNIQA
Slide 15: Streamlined functional steering
Streamlined functional steering CEO CFRO COO CITO CITO CBO CSO Life/Health Non-Life Bancassurance Sales UNIQA Insurance Group Andreas Kurt Erik Brandstetter Svoboda Leyers UNIQA Austria Hartwig Kurt Erik Peter Andreas Klaus Löger Svoboda Leyers Eichler Kößl Pekarek UNIQA Inter- national Wolfgang Kur
Slide 16: Digitisation is changing the insurance industry
Digitisation is changing the insurance industry Customer Changing Individualised and essential Self-Service ! customer service at any time and expectations anywhere Internet of Things + Growing data Individual and innovative service Cloud availability and and product offering Computing analytics
Slide 17: First steps in the digital age
First steps in the digital age UNIQA is ready for a digital model … demonstrated successful first and… steps Clients Excellent brands Telematics (Safe-Line) Process excellence & Processes significant cost savings Broad and innovative Client centre Products products & strong “MyUNIQA” cross-sel
Slide 18: Steps to become a digital insurer
Steps to become a digital insurer Our digital path1 Digital Digital For the people not against Customer Insurer them increase Sales Digitise customer experience Foster innovation culture ! Build up capabilities Operations Enhance digital Enhanced analytical abilities Digital capabilities Ext
Slide 19: Ensuring attractive results
Ensuring attractive results Key initiatives 2016–2020 Operating KPIs Targeted financial results GWP 2% p.a. 13.5% Group Structure & operating ROE Transformation TOM & IT Core Life <21% average in 2017–2020 Governance NCR Operational Excellence in 2020 P&C Digital Health COR <95% “Each year Financial
Slide 20: Group Result 1st Quarter
Group Result 1st Quarter Millionen Euro 1Q15 1Q16 % Gross written premium(a) 2,039.5 1,718.7 -15.7% Net Investment income 237.2 125.5 -47.1% Profit on ordinary activities 94.0 41.6 -55.7% Consolidated profit 76.9 33.2 -56.8% Combined Ratio (netto) 98.8% 95.8% -3.1PP Cost ratio 18.4% 22.9% 4.5PP Ret
Slide 21: 146100-12-12Jul11-Berichtswesen Hauptdokument-ChS-Z.pptx
146100-12-12Jul11-Berichtswesen Hauptdokument-ChS-Z.pptx 21
Slide 22: Item 2 on the Agenda
Item 2 on the Agenda 2. Resolution on the distribution of net profits shown in the Company's financial statements for the year ending 31 December 2015. 22
Slide 23: Resolutions Proposed by the Management Board and Supervisory Board
Item 2 on the Agenda Resolutions Proposed by the Management Board an Supervisory Board "Net profits for the 2015 financial year in the amount of EUR 145.318.925,52 shall be allocated as follows: Distribution of a dividend of 47 cents for each share unit carrying dividend rights (309.000.000 share un
Slide 24: Item 3 on the Agenda
Item 3 on the Agenda 3. Resolution on the discharge of the members of the Company's Management Board and the Supervisory Board for the fiscal year 2015. 24
Slide 25: Resolution proposed on discharge of boards
Item 3 on the Agenda Beschlussvorschlag Vorstand und Aufsichtsrat “The members of the Company's Management Board and the members of the Company’s Supervisory Board (each in the fiscal year 2015) will be discharged for the fiscal year 2015 in separate votes." 25
Slide 26: Item 4 on the Agenda
Item 4 on the Agenda 4. Resolution on daily allowances and remunerations to the members of the Supervisory Board. 26
Slide 27: Resolution Proposed on Supervisory Board remuneration
Item 4 on the Agenda Resolution Proposed by the Management Board an Supervisory Board "The remunerations of the members of the Supervisory Board shall amount in total to EUR 425.000,00 for the fiscal year 2015. Allocation to the individual members of the Supervisory Board will be made by resolution
Slide 28: Item 5 on the Agenda
Item 5 on the Agenda 5. Election of the auditor of the non-consolidated and consolidated financial statements for the fiscal year 2017. 28
Slide 29: Resolution proposed on election of auditor
Item 5 on the Agenda Resolutions Proposed by the Supervisory Board „PwC Wirtschaftsprüfung GmbH is elected as auditor for the non- consolidated and consolidated financial statements for the year ending 31 December 2017." 29
Slide 30: Item 6 on the Agenda
Item 6 on the Agenda 6. Resolution to amend the authorization granted by the 16th Annual General Meeting of the Company on 26 May 2015 to the Management Board to purchase own shares pursuant to Section 65 para.1 (8) and para.1a of the Stock Corporation Act, subject to the consent of the Supervisory
Slide 31: Resolutions Proposed by the Management Board and Supervisory Board
Item 6 on the Agenda Resolutions Proposed by the Management Board and Supervisory Board "Amending the resolution adopted by the 16th Annual General Meeting of the Company on 26 May 2015, the 17th Annual General Meeting authorizes the Management Board, effective as of the day of the 17th Annual Gener
Slide 32: Resolution proposal of Management Board and Supervisory Board
Item 6 on the Agenda Beschlussvorschlag Vorstand und Aufsichtsrat Except for the change of the lowest and highest consideration for the purchase of own shares, the authorization to purchase own shares in accordance with the resolution adopted by the 16th Annual General Meeting of the Company on 26 M
Slide 33: Item 7 on the Agenda
Item 7 on the Agenda 7. Election of two members of the Supervisory Board. 33
Slide 34: Resolutions Proposed by the Supervisory Board
Item 7 on the Agenda Resolutions Proposed by the Supervisory Board “The following persons are elected Members of the Supervisory Board in the following order: Jutta Kath Rudolf Könighofer The candidates proposed are to be elected as of the end of the 17th Annual General Meeting for a term of office
Slide 35: 17. ordentliche Hauptversammlung Wien, 30. Mai 2016
17. ordentliche Hauptversammlung Wien, 30. Mai 2016 35
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