Clal Insurance Enterprises Holdings Limited · TASE:CLIS

Clal Insurance Enterprises — Q1 2013 Earnings Presentation

16 slides from Clal Insurance Enterprises's earnings presentation, May 22, 2013

  1. Slide 1: Financial Statements Quarter 1/2013 - Analysts Presentation

    Clal Insurance Enterprises Holdings Ltd Financial Statements Quarter 1/2013 ‫דוחות כספיים‬ Analysts Presentation 22/05/2013 31.3.2013 ‫ליום‬

  2. 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

  3. Slide 3: Main Factors that Affected the Financial Results

    Main Factors that Affected the Financial Results • The positive capital market results during 2013 had a positive impact on the company’s operating results, including continuing collection of variable management fees on life insurance policies. • Decrease in the rate of redemptions from the average

  4. Slide 4: Operating Segments Results

    Operating Segments Results • Life insurance • Pre-tax comprehensive income on life insurance business in the report period totaled approximately NIS 114 million, compared with approximately NIS 7 million last year. • The main increase in profits was due an increase in management fees, which totaled

  5. Slide 5: Operating Segments Results

    Operating Segments Results • Non-life insurance • The pre-tax comprehensive income from the non-life segment in the report period totaled approximately NIS 48 million, compared with approximately NIS 74 million last year. • The decrease in profit was affected by low release from the surplus income o

  6. Slide 6: Operating Segments Results

    Operating Segments Results • Finance • The finance segment recorded a pre-tax comprehensive loss in respect of discontinued activity in an amount of approximately NIS 26 million, compared with a loss of approximately NIS 2 million in the same period last year. • In January 2013, the derivatives acti

  7. Slide 7: Selected Comprehensive Income (Loss) Data (NISm)

    Selected Comprehensive Income (Loss) Data (NISm) NISm 1/2013 1/2012 Life Insurance 114 7 Provident 20 26 Pension 10 10 Total Long-term savings 144 43 Health insurance 27 76 Non-life insurance in Israel 48 74 Pre-tax comprehensive income (loss) from insurance 219 193 operating segments in Israel Fina

  8. Slide 8: Gross Earned Premiums and Contributions (NISm)

    Gross Earned Premiums and Contributions (NISm) 2013-2012 1/2013 1/2012 ratio Pension 866 746 116% Provident 291 324 90% Total contributions 1,158 1,069 108% Life insurance 1,263 1,166 108% Non-life insurance in Israel 695 692 100% Health insurance 380 352 108% Adjustments and offsets )12( )9( Total

  9. Slide 9: Long-term Saving Assets According to the Commissioner's Definition (NISb)

    Long-term Saving Assets According to the Commissioner’s Definition (NISb) Profit participating life Insurance 91 94 78 79 24 23 67 15 18 12 49 30 30 8 30 29 27 21 38 40 28 33 33 20 2008 2009 2010 2011 2012 31.3.2013 9 ‫דוחות כספיים‬ 31.3.2013 ‫ליום‬

  10. Slide 10: Managed Assets (NISb)

    ‫‪Mannaged Assets‬‬ ‫)‪(NISb‬‬ ‫‪175‬‬ ‫‪170‬‬ ‫‪160‬‬ ‫‪151‬‬ ‫‪59‬‬ ‫‪52‬‬ ‫‪19‬‬ ‫‪135‬‬ ‫‪59‬‬ ‫‪8‬‬ ‫‪9‬‬ ‫‪9‬‬ ‫‪9‬‬ ‫‪8‬‬ ‫‪123‬‬ ‫‪127‬‬ ‫‪107‬‬ ‫‪109‬‬ ‫‪93‬‬ ‫‪2009‬‬ ‫‪2010‬‬ ‫‪2011‬‬ ‫‪2012‬‬ ‫‪31.3.2013‬‬ ‫חיסכון ארוך טווח וביטוח בריאות‬ ‫ביטוח כללי והון‬ ‫שירותים פיננסים‬ ‫‪10‬‬ ‫דוחות

  11. Slide 11: Clal Insurance – Capital and Required Capital (NISm)

    Clal Insurance – Capital and Required Capital (NISm) 31/3/2013 31/12/12 Tier 1 capital 3,372 3,226 Recognized Tier 2 Capital 2,209 2,150 Existing capital 5,580 5,376 Percentage of Tier 2 Capital from 40% 40% Recognized Capital Required capital 4,448 4,502 Capital surplus 1,133 874 Efective capital s

  12. Slide 12: Non-life Insurance Segment (NISm)

    Non-life Insurance Segment (NISm) Pre-tax comprehensive Gross premiums NISm income (loss) 1/2013 1/2012 1/2013 1/2012 Compulsory motor 20 51 177 190 Motor property 6 )9( 240 251 Liabilities branches 2 12 117 144 Property and others 20 20 307 312 branches Total non-life segment 48 74 842 896 12 ‫דוחו

  13. Slide 13: Health Insurance Segment (NISm)

    Health Insurance Segment* (NISm) NISm 1/2013 1/2012 Pre-tax comprehensive income 27 76 (loss) Gross earned premiums 380 352 * On 19/3/2013 the merging of Clal Health into Clal Insurance was completed 13 ‫דוחות כספיים‬ 31.3.2013 ‫ליום‬

  14. Slide 14: Embedded Value (NISm)

    Embedded Value (NISm) EV VNB NISm 31.12.12 31.12.11 31.12.12 31.12.11 Life and Health Businesses 8,038 7,522 304 296 Pension 2,419 1,971 121 117 Adjustment for Consolidation in Insurance )309( )309( - - and Pension Businesses Total 10,148 9,183 425 414 14 ‫דוחות כספיים‬ 31.3.2013 ‫ליום‬

  15. Slide 15: CEO Summary

    CEO Summary Clal Insurance is improving its underwriting results in all insurance sectors, in accordance with the Company’s strategy and the 2013 work plan, this being during a period of uncertainty in the capital markets and its effect on equity profitability, and the low interest environment, whil

  16. Slide 16: Thank You

    ‫‪Thank You‬‬ ‫דוחות כספיים‬ ‫ליום ‪31.3.2013‬‬

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