Grupo De Inversiones Suramericana S.a. · BVC:GRUPOSURA

Grupo De Inversiones Suramericana — Q1 2018 Earnings Presentation

23 slides from Grupo De Inversiones Suramericana's earnings presentation, September 2018

  1. Slide 1: 1Q 2018 Results Presentation

    1Q – 2018 Results Presentation

  2. Slide 2: Disclaimer

    DISCLAIMER The forward-looking statements contained herein are based on Management’s current forecasts and outlook For better illustration and decision-making, figures for Suramericana, SURA Asset Management and its subsidiaries are administrative rather than accountant, and therefore may differ fro

  3. Slide 3: Agenda

    AGENDA Grupo SURA Consolidated Results Suramericana Insurance, Trends and Risk Management SURA Asset Management Pensions, Savings and Asset Management 3

  4. Slide 4: Grupo SURA Consolidated Results 1Q 2018

    Grupo SURA Consolidated Results 1Q 2018 4

  5. Slide 5: Highlights: Grupo SURA

    HIGHLIGHTS» GRUPO SURA • Good operating results, affected by capital markets performance. INVESTMENT PORTFOLIO* • Total revenues of COP 4.8 tn (-2.2%). • Investment income decreases COP 253,497 MM (-47.0%) affected by lower returns in Other capital markets. 0.7% • Retained premiums decrease (-0.8%)

  6. Slide 6: Statement of Financial Position: Consolidated

    S TAT E M E N T O F F I N A N C I A L P O S I T I O N » CONSOLIDATED Assets » Liabilities » dic-17 69,008,909 dic-17 42,782,348 - 2,300,387 - 1,201,384 -3.3% -2.8% mar-18 66,708,522 mar-18 41,580,964 0.0 10 , 00 0,000.0 20 , 00 0,000.0 30 , 00 0,000.0 40 , 00 0,000.0 50 , 00 0,000.0 60 , 00 0,000.0

  7. Slide 7: Statement of Financial Position: Debt

    S TAT E M E N T O F F I N A N C I A L P O S I T I O N DEBT DEBT COP 79.7% Grupo SURA’s unconsolidated Financial EXPOSURE TO Debt: COP 4.7 trillion* CURRENCIES** USD 20.3% **Includes hedges at the agreed rates Consolidated Financial Debt » Suramericana 14% Banks 21% dic-17 9,352,335 Grupo SURA -370,4

  8. Slide 8: Statement of Comprehensive Income: Consolidated

    S TAT E M E N T O F C O M P R E H E N S I V E I N C O M E » CONSOLIDATED Var%: -0.8% +11.5% +19.9% -47.0% -17.8% +104.3% -39.4% -2.2% Total Revenues» 128,431 4,869,124 62,934 60,853 4,763,987 (21,625) (253,497) (44,870) (37,363) mar-17 4,869,124 -105,137 -2.2% mar-18 4,763,987 0 1,00,000 2,00,000 3,

  9. Slide 9: Statement of Comprehensive Income: Consolidated Net Income

    S TAT E M E N T O F C O M P R E H E N S I V E I N C O M E » CONSOLIDATED NET INCOME 405,487 Grupo SURA & Other* (44,736) 34,005 (10,261) 310,153 (41,205) (15,774) (9,445) (25,766) 17,847 Net Income ∆ Net Income ∆ Net Income ∆ Equity ∆ Exchange ∆ Admin. ∆ Interest ∆ Other ∆ Taxes Net Income 2017 Sura

  10. Slide 10: SURA Insurance, Trends and Risk Management: Suramericana Consolidated Results

    SURA INSURANCE, TRENDS AND RISK MANAGEMENT SURAMERICANA S.A CONSOLIDATED RESULTS 10

  11. Slide 11: Highlights: Suramericana

    HIGHLIGHTS» SURAMERICANA % WRITTEN PREMIUMS • Retained premiums of COP 2.2 tn (+2.8%), growing 8.0% excluding the effect of the D&S El Salvador Uruguay Insurance. Revenues from health services rendered maintain positive dynamics (+20.8%). 3% 3% Rep. Dom. Panamá 1% • Improvement in technical and unde

  12. Slide 12: Statement of Comprehensive Income: Consolidated

    S TAT E M E N T O F C O M P R E H E N S I V E I N C O M E » CONSOLIDATED Var%: +9.5% +1.0% -20.2% -23.7% -49.7% +97.2% -30.8% Operating Revenues* » (6,306) 47,729 145,325 mar-17 2,792,445 7,433 (58,872) 100,590 185,922 (17,997) (16,723) 6.7% mar-18 2,978,366 0.0 50 00 , 00 .0 1,000 , 00 .0 1,500 , 0

  13. Slide 13: Consolidated Figures Suramericana S.A.

    S TAT E M E N T O F C O M P R E H E N S I V E I N C O M E » CONSOLIDATED FIGURES SURAMERICANA S.A. Corporate Segment 145,325 2,319 100,590 7,938 9,849 4,120 (61,048) (3,539) (779) (3,596) Net Income Life Non-Life Health Care Exchange Admin. Interest Taxes Other** Net Income 2017 Difference Expenses*

  14. Slide 14: Life Insurance Segment

    SURA INSURANCE, TRENDS AND RISK MANAGEMENT » LIFE INSURANCE SEGMENT Var%: -4.6% -2.1% -19.9% -12.9% -35.0% Other Life 6% 13% 174,428 3,697 (6,985) ARL (workers comp) Group Life 32% WRITTEN 16% (36,780) 113,380 (20,979) PREMIUMS Pension 6% Health 27% 2017 Net Income Technical Admin. Investment Other

  15. Slide 15: Non-Life (P&C) Segment

    SURA INSURANCE, TRENDS AND RISK MANAGEMENT » NON-LIFE (P&C) SEGMENT Var%: +7.2% -2.9% -17.9% -12.3% -4.1% Premiums Retained Claims Ratio 10,516 mar-18 %Var mar-18 mar-17 Auto 654,051 10.5% 61.2% 63.3% 19,570 Fire 258,187 2.2% 31.2% 52.6% 17,460 42,990 Mandatory Road 109,372 18.4% 64.3% 68.5% (16,209

  16. Slide 16: Health Care Segment

    SURA INSURANCE, TRENDS AND RISK MANAGEMENT » HEALTH CARE SEGMENT Var%: +33.2% +23.8% -23.2% -40.7% +104% 27,629 Services rendered Claims Ratio mar-18 %Var mar-18 mar-17 EPS 679,644 21.7% 91.7% 93.8% 1,406 19,275 IPS 123,142 13.5% 70.4% 68.9% (17,983) (1,203) Dinámica 60,451 17.9% 72.3% 74.6% 9,426 T

  17. Slide 17: SURA Asset Management Consolidated Results

    SURA ASSET MANAGEMENT CONSOLIDATED RESULTS 17

  18. Slide 18: Highlights: SURA Asset Management

    HIGHLIGHTS» SURA ASSET MANAGEMENT SURA AM Consolidated Mandatory Pensions Voluntary Savings • Sale agreement of life annuity business in • Commission income +6.0% in 1Q18 vs. • Continued growth in revenues and Chile for USD 230 MM aprox. +3.8% in 1Q17 and +3.7% en 1Q17. positive net flow: • Net oper

  19. Slide 19: SURA Asset Management Consolidated Figures

    SURA ASSET MANAGEMENT » CONSOLIDATED FIGURES Var%: +11.2% -53.5% -86.3% -18.3% -10.5% -7.9% Operating Income + Insurance Margin» 51,607 642,867 (21,764) 592,086 mar-17 642,867 (69,864) (10,284) (475) (50,781) -7.9% mar-18 592,086 0.0 10 0,000 .0 20 0,000 .0 30 0,000 .0 40 0,000 .0 50 0,000 .0 60 0,0

  20. Slide 20: Consolidated Figures: SURA Asset Management

    S TAT E M E N T O F C O M P R E H E N S I V E I N C O M E » CONSOLIDATED FIGURES – SURA ASSET MANAGEMENT Corporate Segment 173,239 132,310 2,912 6,329 3,942 21,856 (52,876) (6,170) (4,214) (3,490) (3,034) (5,974) Net Income Mandatory Voluntary Life Annuities Discont. Fx Impact Oper. Wealth Tax Inter

  21. Slide 21: Mandatory Pensions Business

    SURA ASSET MANAGEMENT » MANDATORY PENSIONS BUSINESS Var%: +6.0% -87.0% -52.7% +6.5% +151% -17.8% -23.4% 25,769 272,453 14,937 208,652 Net Income (73,846) Variations in COP MM Net Income 2,617 excl. Encaje (20,330) (12,948) Chile (33,672) 16,064 México (1,991) 11,375 Perú 604 5,496 Uruguay (11) 1,405

  22. Slide 22: Voluntary Savings Business

    SURA ASSET MANAGEMENT » VOLUNTARY SAVINGS BUSINESS VOLUNTARY SAVINGS AUM NET FLOW -81.3% 0.7% 237.2% -62.3% 7.4% -24.6% -82.2% 2.2% 247.7% -61.1% 7.4% -25.9% 737,297 555,683 47.4 362,924 37.1 30.3 32.0 32.2 143,861 166,136 142,929 167,734 154,638 67,736 10,216 49,740 27,067 mar-17 jun-17 sep-17 dic-

  23. Slide 23: Investor Relations Contacts

    CEO: DAVID BOJANINI CFO: RICARDO JARAMILLO Gerente IR: JUAN CARLOS GOMEZ Especialista IR: ANDRES ZULUAGA E-mail: ir@gruposura.com.co Phone: (574) 3197039 www.gruposura.com.co 23

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