UNIQA Insurance Group AG · VIE:UQA

UNIQA Insurance — UNIQA Group — FY2011 Earnings Presentation

16 slides from UNIQA Insurance's earnings presentation, Apr 27, 2012

  1. Slide 1: UNIQA Group: Growth doesn't wait!

    UNIQA Group Growth doesn’t wait! 27 April 2012 Andreas Brandstetter, CEO Hannes Bogner, CFO

  2. Slide 2: Strategy – Andreas Brandstetter

    Strategy – Andreas Brandstetter

  3. Slide 3: UNIQA 2.0: Strategic framework

    UNIQA 2.0: Strategic framework • Our goal is to double our number of clients from 7.5m in 2010 to 15m by 2020 Clients • In 2011 we already gained more than 600,000 new clients increasing our number of clients to 8.1m Business • We are concentrating on our core business in our core markets focus • In

  4. Slide 4: Strong growth potential in CEE

    Strong growth potential in CEE 2,057 1,993 2000 Insurance density (annual spending per person on insurance in euros) 1500 A 1993-2004 1,017 1000 A 1974-1984 566 500 362 350 301 285 223 A 1961-1970 115 100 92 75 70 51 41 36 19 0 EU A SLO CZ SK PL H HR RUS BG MNE RO SRB BiH MK UA KS AL 27 Source: Sigm

  5. Slide 5: UNIQA is growing faster than the CEE market

    Ts c hec UNIQA hie 64,6% n Markt E E Markt CE -2,9% Markt S E E Ung Eastern Europe (EE): Romania, Ukraine arn -1,4% -1,1% P ol en 89,6% 54,7% S lo wak e 67,9% Central Europe (CE): Czech Republic Hungary, Poland, Slovakia i 47,8% Kro atie n 112,6% 11,6% B os nie 89,4% n 34,3% B ul gar ie n 23,2% Sout

  6. Slide 6: Capital measures: Re-IPO as the central component

    Capital measures: Re-IPO as the central component • Due to volatility in the capital markets, it is difficult to predict whether capital markets conditions will Re-IPO 2013 be favourable at the time of UNIQA’s Re-IPO in 2013 • Growth doesn’t wait. UNIQA wants to exploit current growth opportunities

  7. Slide 7: Simplified group structure

    Simplified group structure* * subject to regulatory approval Current structure Target structure(c) UNIQA UNIQA Versicherungen AG Versicherungen AG 100% 100% 100%(b) 100% UNIQA UNIQA Raiffeisen UNIQA UNIQA Österreich(a) Sachversicherung International Versicherung International 50% • Personenversicher

  8. Slide 8: Annual Results 2011 – Hannes Bogner

    Annual Results 2011 – Hannes Bogner

  9. Slide 9: Development of profit on ordinary activities

    Development of profit on ordinary activities  Significant one-time effects of €(484)m are included in the Development of pre-tax profit (€m) profit on ordinary activities for 2011: Up to 550 ─ Write-downs on Greek government bonds: €(348)m ─ Restructuring costs for the repositioning of the Group: U

  10. Slide 10: Premium growth: business segments

    Premium growth: business segments Premiums by business segment (€m)  Property and casualty insurance: premiums up 4.8% to Recurring premiums: €5,381m (+4.7%) (44.5)% (3.9)% €2,714m +5.2% 602  Health insurance: premiums up 3.6% to €1,005m, surpassing €1bn for the first time 1,662 +3.6%  Life insur

  11. Slide 11: Premium growth: regions

    Premium growth: regions Recurring premiums by region (€m)  Austria: Total premiums down by 3.7% to €3,685m. +9.5% +4.7%  Recurring premiums up by 2.9% to €3,546m.  Single premiums down by 63.3% to €140m due to the extension +179.5% 740 of the minimum holding period to benefit from tax advantages

  12. Slide 12: Net investment income

    Net investment income Net investment income (€m) • Net investment income was significantly impacted by adverse Total 2010: €872m 250 207 215 200 Total 2011: €227m market conditions and developments in Greece 175 103 80 ─ Largest share of write-downs in Q3 ─ Q2 and Q4 less impacted but still below 'n

  13. Slide 13: Operating expenses

    Operating expenses Operating expenses (€m) Cost ratio +4.5ppt +14.9% 1,549 37.0% 33.8% 1,348 27.1% Restructuring 1,012 22.6% 936 20.5% +8.1% 16.3% 14.6% 15.0% Restructuring +30.3% 537 412 Expenses Commissions P&C Health Life Group P&C Health Life Group 2010 2011 2010 2011  Operating expenses increa

  14. Slide 14: Combined ratio (P&C)

    Combined ratio (P&C) (0.3)ppt • Gross loss ratio (before reinsurance) improved by 3.2ppt, falling to 66.1%, helped by the good development of claims 105.4% 105.1% and no major natural disasters. Net ratio after reinsurance 101.8% 101.7% improved by 3.5ppt, falling to 68.1% 100% 33.8% 37.0% 32.5% 35.

  15. Slide 15: UNIQA 2.0: Focus on Re-IPO in 2013

    UNIQA Group UNIQA 2.0: Focus on Re-IPO in 2013 27 April 2012 Andreas Brandstetter, CEO Hannes Bogner, CFO

  16. Slide 16: Disclaimer

    DISCLAIMER NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN Legal notices This announcement contains statements which refer to the future development of the UNIQA Group. These This informationare statements is not an offer

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