Grupo de Inversiones Suramericana S.A. · BVC:GRUPOSURA

Grupo de Inversiones Suramericana — Q4 2018 Earnings Presentation

22 slides from Grupo de Inversiones Suramericana's earnings presentation, March 2019

  1. Slide 1: Q4 2018 Results Presentation

    Q4 - 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 fr

  3. Slide 3: Agenda

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

  4. Slide 4: Grupo SURA Consolidated Results Q4 2018

    Grupo SURA Consolidated Results Q4 2018 4

  5. Slide 5: Highlights: Grupo SURA

    HIGHLIGHTS» GRUPO SURA • Year of important strategic decisions: affects comparability of figures but business continued with a positive operating dynamics • Growth of operating income in comparable terms: Life 15.8%, Non-Life 13.3%, Mandatory INVESTMENT 6.1%, Voluntary Savings 10.7%. PORTFOLIO* Othe

  6. Slide 6: Consolidated Statement of Financial Position

    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 » Total Equity » dic-17 68,993,257 dic-17 26,226,561 + 2,080,115 + 674,352 3.0% 2.6% dic-18 71,073,373 dic-18 26,900,912 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 70

  7. Slide 7: Consolidated Statement of Comprehensive Income

    E S TA D O D E R E S U LTA D O S I N T E G R A L E S » CONSOLIDADO Var%: -4.2% +6.4% +21.3% -21.3% +0.6% -14.5% -24.0% -0.8% Total Revenues » 19,399,737 151,705 597,848 27,712 19,239,859 (471,787) (385,301) 6,775 (86,831) dic-17 19,399,737 -159,878 -0.8% dic-18 19,239,859 2017 Retained Commission Se

  8. Slide 8: 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 Net Income 2017 Net Income Discont. Oper. Grupo SURA and Other* 2017: COP 147,410 MM +7.6% -7.7% 1,454,616 51,400 10,594 77,619 1,406,349 18,281 63,936 1,343,286 (30,886) (56,224) (63,063) 1,307,207 (35,577) Net Inco

  9. Slide 9: Insurance, Trends and Risk Management: Suramericana S.A.

    INSURANCE, TRENDS AND RISK MANAGEMENT SURAMERICANA S.A CONSOLIDATED RESULTS 9

  10. Slide 10: Highlights: Suramericana

    HIGHLIGHTS» SURAMERICANA RETAINED PREMIUMS + REVENUES FROM • Positive progress in the consolidation of a regional platform with presence in 9 countries SERVICES RENDERED 2018 • Slight decrease in written premiums explained by strategic decisions El Salvador Uruguay 2% Dom. Rep. • Revenue from servic

  11. Slide 11: Statement of Comprehensive Income: Suramericana 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 Operating Revenues* » Claims + Reserve Adj.: % Retained Premiums Services Rendered: Costs / Revenues 93.3% 93.4% 5,798,128 5,232,046 dic-17 59.4% 54.8% 3,031,725 12,436,055 355,014 2,488,020 2.9% -9.8% 21.9% dic-18 12,791,069 +

  12. Slide 12: Consolidated Figures Suramericana S.A. 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 FIGURES SURAMERICANA S.A. Corporate (Holding) Segment +3.6% 506,586 20,102 524,867 40,592 28,977 6,669 10,683 (50,198) (8,934) (29,609) Net Income Life Non-Life Health Care Exchange Admin. Interest Taxes Other** Net Income 2017

  13. Slide 13: Life Insurance Segment

    SURA INSURANCE, TRENDS AND RISK MANAGEMENT » LIFE INSURANCE SEGMENT Other Life Var%: +26.0% +8.2% -13.2% -9.1% -9.0% 7% 15% 148,345 (60,607) ARL (workers 556,382 comp) 506,184 (89,734) 34% RETAINED Group Life (48,202) PREMIUMS 21% Pension (D&S) 2% Health 21% 2017 Net Income Technical Admin. Investme

  14. Slide 14: Non-Life (P&C) Segment

    SURA INSURANCE, TRENDS AND RISK MANAGEMENT » NON-LIFE (P&C) SEGMENT Var%: +2.8% -2.8% -2.1% -51.1% +157% -19.2% -18.8% Retained Premiums Retained Claims Ratio 39,049 dic-18 %Var %Var LC* dic-18 dic-17 (7,299) Auto 2,457,926 -7.1% 8.3% 58.5% 59.6% 32,065 58,243 182,989 Fire 765,997 28.9% 42.0% 21.3%

  15. Slide 15: Health Care Segment

    SURA INSURANCE, TRENDS AND RISK MANAGEMENT » HEALTH CARE SEGMENT Var%: +19.4% +12.3% +4.4% +35.7% +73.4% 72,428 690 68,446 (42,683) (1,458) 39,469 Services rendered Claims Ratio dic-18 %Var dic-18 dic-17 EPS 2,966,895 22.0% 93.6% 93.4% IPS 539,540 15.5% 69.2% 68.8% Dinámica 269,648 22.7% 71.3% 71.6%

  16. Slide 16: SURA Asset Management Consolidated Results

    SURA ASSET MANAGEMENT CONSOLIDATED RESULTS 16

  17. Slide 17: Highlights: SURA Asset Management

    HIGHLIGHTS» SURA ASSET MANAGEMENT El Salvador 5% • Stable growth in the mandatory business; the voluntary continues with double-digit growth due to Chile Colombia 32% the contribution of the Investment Management and Savings and Investments units 24% • Normalized operating earnings grows 0.4% and co

  18. Slide 18: SURA Asset Management Consolidated Results

    SURA ASSET MANAGEMENT » CONSOLIDATED RESULTS Var%: +6.0% -38.5% 2,536,832 -93.1% +2.5% -56.4% -6.2% Operating Income + Insurance Margin» Local currencies: +6.6% 2,536,832 -38.6% -93.1% +2.1% -56.3% -5.8% 118,103 2,536,832 (66,515) 2,380,427 (190,064) 3,748 (21,677) dic-17 2,536,832 -156,405 -6.2% di

  19. Slide 19: Net Income SURA Asset Management

    E S TA D O D E R E S U LTA D O S I N T E G R A L E S » UTILIDAD NETA SURA ASSET MANAGEMENT Income from discontinued operations Corporate (Holding) Segment 615,229 -8.7% -52.4% 50,731 432,321 476,898 21,780 370,998 37,405 2,779 291,082 (157,477) (141,239) Net Income Mandatory Voluntary Fx Impact Weal

  20. Slide 20: Mandatory Pensions Business

    SURA ASSET MANAGEMENT » MANDATORY PENSIONS BUSINESS Var%: +6.1% -93.4% -44.6% +5.3% +155.0% -9.3% -16.1% 107,609 955,256 27,431 801,516 Var$ Net (188,310) 18,843 Figures in COP MM Net Income Var $ Var$ income ex. (72,538) "Encaje" (46,776) "Encaje" Chile 287,531 (44,811) (66,185) 21,374 México 257,4

  21. Slide 21: Voluntary Savings Business

    SURA ASSET MANAGEMENT » VOLUNTARY SAVINGS BUSINESS VOLUNTARY SAVINGS AUM (trillion COP)* INVESTMENT MANAGEMENT AUM SAVINGS AND INVESTMENTS AUM 1.2% 35.9% 7.8% 17.7% 7.0% 7.1% 6.7% 25.2% 3.0% 22.0% 7.0% 8.3% dic-17 47.2 27.6 25.8 COP 34.7 tn +6.9% +6.0% 12.1 12.2 7.3 7.8 dic-18 51.7 2.3 3.1 3.8 4.1 0

  22. Slide 22: Investor Relations Contacts

    CEO: DAVID BOJANINI CFO: RICARDO JARAMILLO Head of IR: JUAN CARLOS GOMEZ jcgomez@gruposura.com.co IR Specialist: ANDRES ZULUAGA azuluagaa@gruposura.com.co (574) 3197039 www.gruposura.com.co 22

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