Grupo De Inversiones Suramericana S.a. · BVC:GRUPOSURA
Grupo De Inversiones Suramericana — Q3 2014 Earnings Presentation
26 slides from Grupo De Inversiones Suramericana's earnings presentation, 2014
Slide 1: 3Q 2014 Results Presentation
3Q 2014 Results Presentation
Slide 2: Disclaimer
Disclaimer he forward-looking statements contained herein are based on T 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 f
Slide 3: Agenda: Grupo SURA
A G E N D A 1 GRUPO SURA 2 SURAMERICANA 3 SURA ASSET MANAGEMENT 3
Slide 4: Balance Sheet Main Figures
B a l a n c e S h e e t 1 M a i n F i g u r e s Shareholder's Equity (COP billion) Assets (COP billion) +3.2% +14.8% -10.7% +61.5% 24.2 24.2 23.4 22.9 22.9 22.0 21.1 20.3 2T 14 3T 14 4T 13 2T 14 QoQ3T 14 YTD 3T 14 4T 13 QoQ YTD3T 14 Liabilities (COP billions) +4.1% +13.0% 1.4 1.2 1.2 0.8 4 2T 14QoQ3
Slide 5: Income Statement Main Figures
I n c o m e S t a t e m e n t 1 M a i n F i g u r e s Operational Revenues (COP Million) Equity Method (COP Million) +34.4% -6.6% 702,313 411,168 655,884 305,969 2013 2014 2013 2014 Net Income (COP Million) -8.9% 593,647 540,638 5 2013 2014
Slide 6: Shareholders
S h a r e h o l d e r s 1 SHAREHOLDERS (COMM+PREF) SHAREHOLDERS (COMM) 10.6% 7.7% 5.3% 30.9% 4.1% Grupo Argos and subsidiaries 37.4% Grupo Nutresa 15.3% 17.1% Colombian Pension Funds International Funds 10.3% Retail Investors 25.8% 22.9% Institutional Investors 12.7% Outstanding Ord. Shares: 469,037
Slide 7: Stock Evolution
S t o c k E v o l u t i o n 1 120 115 110 106.6 105 105.0 100 95 95.06 90 85 80 75 70 sep.-13 nov.-13 ene.-14 mar.-14 may.-14 jul.-14 sep.-14 PFGRUPSURA GRUPOSURA COLCAP 30/09/2014 % Annual Var * % YTD Var.** 31/12/2013 30/09/2013 GRUPOSURA (Pesos) 40,640 6.6% 20.6% 33,700 38,120 PFGRUPSURA (Pesos)
Slide 8: Investments Portfolio
I n v e s t m e n t s P o r t f o l i o 1 0.6% Other 0.6% 20.2% 20.2% Other 18.9% Grupo Argos SURA Asset Management SURA Asset Management 21.3% Grupo Argos COP 24.6BILLION* 2.3% Proteccion 13.6% Suramericana COP 26.3 BILLION* 14.2% SEPTEMBER 2013 SEPTEMBER 2014 Suramericana 18.3% Grupo Nutresa 17.3%
Slide 9: Agenda: Suramericana
A G E N D A 2 1 SURAMERICANA GRUPO SURA 3 SURA ASSET MANAGEMENT 9
Slide 10: Suramericana Revenues per Subsidiaries
S u r a m e r i c a n a 2 R e v e n u e s p e r S u b s i d i a r i e s Breakdown of affiliate contributions to SURAMERICANA´S total revenues (December 30, 2013) MARKET SHARE Revenues per Subsidiary Q3 14 Q3 13 % Var YoY Life Insurance 1,633,550 1,432,875 14.0% Property and Casualty 1,060,194 994,93
Slide 11: Suramericana Individual Figures
S u r a m e r i c a n a 2 I n d i v i d u a l F i g u r e s Suramericana Individual FS (COP Q3 14 Q3 13 % Var. YoY Million) Total assets 2,380,999 2,149,186 10.8% Current assets 46,446 72,104 -35.6% Investments 2,334,481 2,077,196 12.4% Total liabilites 69,631 103,419 -32.7% Shareholders' equity 2,3
Slide 12: Seguros Generales Suramericana P&C Company
Seguros Generales Suramericana 2 P & C C o m p a n y MAIN FIGURES Q3 14 Q3 13 % Var. YoY RATIOS Q3 14 Q3 13 Written premiums 1,060 995 6.6% Claims ratio 44.7% 53.9% Retained premiums 723 690 4.8% Net claims ratio 53.4% 54.1% Claims (473) (536) -11.6% Commission expenses ratio 11.1% 11.2% Retained cl
Slide 13: Premiums and claims by branches
Premiums and claims by branches 2 Retained % Retained % Retained Premiums and Claims Premiums % Var YoY Premiums % Var YoY Claims Ratio Claims Ratio (COP Millon) 3Q 14 3Q 14 3Q 14 3Q 13 Automobile 412,306 2.1% 395,434 2.3% 61.5% 63.8% SOAT 189,071 8.7% 159,962 3.7% 55.1% 51.1% Fire 215,074 14.9% 31,
Slide 14: Seguros de Vida Suramericana Life Company
Seguros de Vida Suramericana 2 L i f e C o m p a n y MAIN FIGURES Q3 14 Q3 13 % Var. YoY RATIOS Q3 14 Q3 13 Written premiums 1,634 1,433 14.0% Claims ratio 60.6% 65.0% Retained premiums 1,586 1,388 14.3% Net claims ratio 58.6% 60.6% Claims (991) (932) 6.3% Commission expenses ratio 8.8% 9.8% Retaine
Slide 15: Premiums and claims by branches
Premiums and claims by branches 2 Retained % Retained % Retained Premiums and Claims Premiums % Var YoY Premiums % Var YoY Claims Ratio Claims Ratio (COP Millon) 3Q 14 3Q 14 3Q 14 3Q 13 Health 441,456 15.6% 441,456 15.6% 65.9% 65.9% Individual life 404,825 12.9% 364,085 13.0% 22.4% 33.0% Group life
Slide 16: ARL SURA
A R L S U R A 2 MAIN FIGURES Q3 14 Q3 13 % Var. YoY MARKET SHARE Written premiums 574 483 18.9% Other (4) Claims (182) (161) 13.4% 7.8% Li berty 5.2% ARL SURA Total reserves (117) (100) 17.0% 29.9% Direct operational result 118 101 16.1% Bol iva r 6.3% Operational expenditures (69) (62) 11.2% Net op
Slide 17: EPS SURA
E P S S U R A 2 MARKET SHARE MAIN FIGURES Q3 14 Q3 13 % Var. YoY Revenues 960 788 21.7% Claims (895) (723) 23.9% Direct operational result 50 52 -3.3% Grupo Sa l udcoop Operational expenditures (68) (62) 8.4% 26.2% Net operational result (18) (11) 65.2% Other (18) Investments Result 28 25 11.5% 32.0
Slide 18: Agenda: SURA Asset Management
A G E N D A 3 1 SURA ASSET MANAGEMENT GRUPO SURA 2 SURAMERICANA 18
Slide 19: SURA Asset Management Consolidated Figures
S U R A A s s e t M a n a g e m e n t 3 C o n s o l i d a t e d Income Statement (Accumulated) F i g u r e s 3Q 14 3Q 13 %Var Premiums 611,985 523,089 17.0% Fee and commission income 533,921 529,856 0.8% Investment income 74,104 24,387 203.9% Other operating revenue 166,829 107,056 55.8% TOTAL OPERA
Slide 20: SURA Asset Management Figures per country
S U R A A s s e t M a n a g e m e n t 3 F i g u r e s p e r c o u n t r y Chile Mexico Peru Uruguay Colombia (1) Country rating Aa3/AA-/A+ A3/BBB+/BBB+ A3/BBB+/BBB+ Baa2/BBB-/BBB- Baa2/BBB/BBB 2% 4% 806.7 Revenues 1,386.8 20% MM 366.1 51% 303.9 23% 31.0 66.0 1% 621.6 20% Operational Expenses 273.6 2
Slide 21: SURA Asset Management Financial figures evolution
S U R A A s s e t M a n a g e m e n t 3 F i n a n c i a l f i g u r e s Consolidated financial figures under IFRS. e v o l u t i o n Revenues ( 1,386.8 USD million) Operational expenses ( 1,146.1 USD million) +6.7% +50.6% -10.4% +62.2% NA +20.6% +76.3% -16.8% +0.4% 807 756 622 SURA AM SURA AM + 17.1
Slide 22: SURA Asset Management Market figures
S U R A A s s e t M a n a g e m e n t 3 M a r k e t f i g u r e s Assets Under Geographical presence Management Clients Base Salary Market Share (2) Commission Employees (AUM) (MM) (USD MM) (US$Bn) 20.79% Chile 36.8 1.9 1.44% 14,170 2,491 4° 14.75% Mexico 28.9 6.2 1.15% 3,329 3° 41.24% Perú 17.4 2.1
Slide 23: SURA Asset Management Market figures evolutions
S U R A A s s e t M a n a g e m e n t 3 M a r k e t f i g u r e s e v o l u t i o n s Assets under management (USD 119.7 Billion) Affiliates– Mandatory (15.6 Million) 18.4% 17.9% 11.6% 12.5% 22.7% 9.8% -2.3% 0.7% -0.5% 5.0% 3.9% 5.2% 36.8 6.1 6.2 31.1 30.9 SUAM 28.9 27.5 SUAM 24.5 + 15.5% + 1.7% 3.7
Slide 24: SURA Asset Management Market share
S U R A A s s e t M a n a g e m e n t 3 M a r k e t s h a r e Leaders in the pension fund business | No. 1 | 23.4% market share Company Industria de Pensiones (Mandatorias, Voluntarias y Cesantias) Region Chile Mexico Peru Colombia Uruguay El Salvador 23.4% 1° 20.8% 4° 14.8% 3° 41.2% 1° 36.7% 2° 18.
Slide 25: www.gruposura.com.co
www.gruposura.com.co CEO: DAVID BOJANINI CFO: IGNACIO CALLE IR Director: LUIS EDUARDO MARTÍNEZ IR Specialist: DANIEL MESA E-mail: ir@gruposura.com.co Phone: (574) 4355941 GRUPO SURA App For mobile devices (App Store – Google Play)
Slide 26: Annex / Exchange rate
A n n e x / E x c h a n g e r a t e A sep-14 Local Currency to USD: MONEDA Local Currency to USD: sep-14 México Average.MXN 13.1163 Chile Average.CLP 561.1940 Perú Average.PEN 2.8076 Colombia Average.COP 1941.9170 Uruguay Average.UYU 22.9308 Local Currency to USD: CURRENCY Local Currency to USD: sep
Grupo de Inversiones Suramericana — Q3 2014 Earnings Presentation on 6ix