Suncorp Group Limited · ASX:SUN
Suncorp — RBS Morgan Annual Queensland Conference 2011
7 slides from Suncorp's conference presentation, Sep 14, 2011
Slide 1: RBS Morgan Annual Queensland Conference ASX Announcement
ASX Announcement 14 September 2011 For personal use only RBS Morgan Annual Queensland Conference Please find attached the presentation given by John Nesbitt, Chief Financial Officer, Suncorp Group Limited to the RBS Morgan Annual Queensland Conference. ENDS For further information please contact: An
Slide 2: Suncorp Overview
For personal use only RBS Morgan Annual Queensland Conference John Nesbitt Suncorp Group Chief Financial Officer 14 September 2011 Suncorp Overview Personal Insurance market share and Bank branches nationally Personal Insurance Market share in each State1 131 Branches 13 Branches QLD 40% SA & NT 21%
Slide 3: Transformation – an ongoing process; Result highlights
Transformation – an ongoing process For personal use only Simplify and Stabilise Execute strengthen FY10 FY11 FY12 • Stabilise the balance • Establish the NOHC • Drive diversified sheet • Strengthen the balance business model through: • Appoint the executive sheet • Capital – higher team • ONE emplo
Slide 4: Capital strength
Capital strength For personal use only Capital initiatives during 2010/11 Dividend (cents per share) • Redeemed $520m in subordinated debt • Redeemed $42m in reset preference shares • Established the NOHC and revised targets • Increased the dividend target payout ratio to between 50% and 70% of cash
Slide 5: Natural Hazard Impacts - Queensland
Natural Hazard Impacts - Queensland For personal use only Around $1.2 billion in gross claims cost in Queensland Gross Costs Net Costs Major events (A$m) (A$m) (A$m) Bi b Brisbane storms/floods t /fl d iin O October t b 2010 10 10 SEQ hail/rain in December 2010 43 43 Central and Southwest Queensland
Slide 6: Suncorp Bank in Queensland
Suncorp Bank in Queensland For personal use only Total core lending Core Business Bank portfolio (A$m) WA SA 5% /Other VIC 3% QLD Non-QLD 9% % 5,467 NSW 19% Qld 2,616 64% Home lending arrears – 31 July 2011 Non-core Business Bank portfolio (A$m) 1.50% Queensland Portfolio average QLD Non-QLD 1.00% %
Slide 7: Delivering value
Delivering value Life For personal use only Bank owth Commercial Insurance Top line gro Personal Insurance Plan for growth Building Blocks Balance Sheet Business cks Building bloc in place strength simplified Stabilise the business Capital Costs Customer Culture 11 Important disclaimer This presenta
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