Clal Insurance Enterprises Holdings Limited · TASE:CLIS
Clal Insurance Enterprises — FY2012 Earnings Presentation
19 slides from Clal Insurance Enterprises's earnings presentation, Mar 18, 2013
Slide 1: Financial Statements 2012 - Analysts Presentation
Clal Insurance Enterprises Holdings Ltd Financial Statements 2012 Analysts Presentation 18/03/2013
Slide 2: Presentation contains only partial information
This presentation contains only partial information relating to the Company’s financial results and it has been prepared for purposes of summary and convenience only. The presentation does not represent a substitute for inspection of the Company’s published financial statements, which contain full i
Slide 3: Main Factors Affecting the Financial Results
Main Factors Affecting the Financial Results • The positive capital market yields in 2012 compared with last year, had a positive influence on the Company’s operating results, including the return to collection of variable management fees on life insurance policies. • On the other hand, the continui
Slide 4: Operating Segments Results
Operating Segments Results • Life Insurance • The pre-tax comprehensive loss in the life insurance segment totaled approx. NIS 116 million in period, compared with income totaling NIS 30 million last year. • The main decrease in income was due to the strengthening of the annuity reserve in an amount
Slide 5: Operating Segments Results
Operating Segments Results • Non-life Insurance • Pre-tax comprehensive income from the non-life in Israel segment in 2012 totaled approximately NIS 231 million compared with approximately NIS 97 million last year. • The increased profit was due mainly to the increase in investment income, resulting
Slide 6: Operating Segment Results
Operating Segment Results • Finance • The finance segment recorded a pre-tax comprehensive loss, including in respect of discontinued activity, totaling approximately NIS 100 million, compared with a loss of approximately NIS 90 million in the same period last year. • The overseas asset management a
Slide 7: Selected Comprehensive Income (Loss) Data (NISm)
Selected Comprehensive Income (Loss) Data (NISm) Operating segment 2012 2011 Long-term savings )19( 160 Health insurance 133 )143( Non-life insurance in Israel 231 97 Pre-tax comprehensive income (loss) from insurance 342 114 operating segments in Israel Finance (including discontinued activity) )10
Slide 8: Clal Holdings
Clal Holdings Comprehensive Income for Shareholders (NISm) 859 673 145 (127) 2009 2010 2011 2012 8
Slide 9: Clal Insurance
Clal Insurance Comprehensive Income for Shareholders (NISm) 864 687 241 (112) 2009 2010 2011 2012 9
Slide 10: Clal Insurance – Capital and Required Capital (NISm)
Clal Insurance – Capital and Required Capital (NISm) NISm 31/12/12 31/12/11 Required capital 4,502 4,282 Existing capital 5,376 4,972 Capital surplus 874 690 Assets against which surplus capital is 27 22 to be held Effective surplus capital 847 668 Effective surplus rate 18.7% 15.5% 10
Slide 11: Clal Holdings – Capital and Capital Requirements
Clal Holdings – Capital and Capital Requirements NISm 31/12/12 31/12/11 Required capital* 2,829 2,788 Existing Company shareholders 3,414 3,692 equity Capital surplus** 585 904 Surplus capital rate over 20.6% 32.4% required capital *According to Insurance Commissioner’s requirement in control permit
Slide 12: Gross Earned Premiums and Contributions (NISm)
Gross Earned Premiums and Contributions (NISm) 2012-2011 NISm 2012 2011 ratio Pension 3,567 3,094 115% Provident 1,252 1,204 104% Total contributions 4,819 4,298 112% Life insurance 4,738 4,645 102% Non-life insurance in Israel 2,838 2,762 102% Health insurance 1,511 1,358 111% Adjustments and offse
Slide 13: Managed Assets (NISb)
Mannaged Assets )NISb( 175 170 160 152 59 52 19 59 10 9 9 8 123 107 109 93 2009 2010 2011 2012 Long term savings and Health Insurance Non-life and capital Financial services 13
Slide 14: Long-Term Savings Segment, Pre-tax Comprehensive Income by Branches
Long-Term Savings Segment, Pre-tax Comprehensive Income by Branches (NISm) NISm 2012 2011 93 74 Life insurance Pension Provident Pre-tax comprehensive income (loss) Strengthening of annuity reserve* )209( )44( Total pre-tax comprehensive income (loss) )116( 30 Total pre-tax comprehensive income (los
Slide 15: Non-life Insurance Segment
Non-life Insurance Segment Pre-tax comprehensive income Gross premiums (loss) NISm 2012-2011 2012-2011 2012 2011 2012 2011 ratio ratio Compulsory motor 195 70 279% 577 563 102% Motor property )9( )18( 50% 756 703 108% Liabilities branches )16( )9( 178% 438 394 111% Property and others 61 54 113% 1,1
Slide 16: Health Insurance Segment
Health Insurance Segment Pre-tax comprehensive Gross premiums income (loss) Million NIS 2012-2011 2012 2011 2012-2011 ratio 2012 2011 ratio Move into Long term care 57 )204( 848 746 114% profit Illness and hospitalization 52 61 86% 658 613 107% Other 24 - Total health insurance Move into 133 )143( 1
Slide 17: Finance Segment
Finance Segment 2012-2011 Million NIS 2012 2011 ratio Pre-tax, from continuing activity )31( )48( 65% Pre-tax, from discontinued activity )69( )42( 169% Pre-tax comprehensive income (100) )90( 111% 17
Slide 18: Conclusion
Conclusion • Capital market increases were recorded in 2012, which positively impacted on the Group’s operating results. • In 2013, the business environment is expected to be affected by the continuing low interest levels and frequent regulatory changes. • Clal Insurance is deployed for a changing b
Slide 19: Thank you
Thank you XCLAL INSURANCE ENTERPRISES HOLDING LTD.
Clal Insurance Enterprises Holdings — FY2012 Earnings Presentation on 6ix