Grupo de Inversiones Suramericana S.A. · BVC:GRUPOSURA
Grupo de Inversiones Suramericana — Grupo SURA — Q1 2021 Earnings Presentation
19 slides from Grupo de Inversiones Suramericana's earnings presentation, May 2021
Slide 1: Results Presentation Grupo SURA
R E S U LT S P R E S E N TAT I O N GRUPO SURA
Slide 2: Disclaimer
The forward-looking statements contained herein are based on DISCLAIMER 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 accounting, and therefore may differ fr
Slide 3: Language selection / Webcast
Selección de idioma / Language selection Webcast To change the audio language, click the player settings icon. Para cambiar de idioma, haga clic en icono configuración del reproductor de video.
Slide 4: Slide 4
Slide 5: 1Q 2021 results show recovery signs
1Q 2021 results show recovery signs POSSITIVE BUSINESS SOCIAL AND STRATEGIC VALUE CREATION RESULTS POLITICAL RELEVANCE SITUATION Sustainable Profitability: Revenue Growth Share Repurchase Colombia • Economic value + • Consolidated: +13.7% • Process began in • Social Protests Harmonic development of
Slide 6: Recovery of operating performance continues
Recovery of operating performance continues Supported on revenue increase and expense control C O N S O L I D AT E D I N C O M E S TAT E M E N T 4.4 4.8 3.9 mar-21 mar-20 Var$ Var% Written premiums 4,761 4,446 315 7.1% Var. vs Q1-20: Retained earned premiums 4,094 4,156 (62) -1.5% +7.1% 0.65 0.69 0.
Slide 7: Recovery in equity method and investment income
Recovery in equity method and investment income Explained by an improvement in operating performance and capital markets Equity Method 400 340 mar-21 mar-20 Var$ Var% 300 239 Bancolombia 133 82 51 61.8% Grupo Argos 7 -4 11 200 Grupo Nutresa 81 67 14 21.5% 95 100 Protección 18 -56 74 Otros (1) 5 (6)
Slide 8: Positive net income
Possitive net income Providing evidence of the benefits of diversification in our portfolio CONTRIBUTION TO CONSOLIDATED NET INCOME mar-21 mar-20 mar-19 Suramericana (11) 107 118 SURA AM 116 (130) 228 Equity Method Grupo SURA 220 145 271 Grupo SURA (holding) and Others (114) (197) (57) 211 (76) 560
Slide 9: Suramericana
Resultados 9M 2020
Slide 10: Premium growth and expense control continues
Premium growth and expense control continues Partially mitigating an increase in claims mar-21 mar-20 Var% WRITTEN PREMIUMS RETAINED CLAIMS Written premiums 4,605 4,290 7.3% % Retained earned premiums Retained premiums 3,927 3,684 6.6% 5.2 67% 67% 70% 65% Adjustments to reserves 66 87 -24.0% 4.5 4.7
Slide 11: Results affected by higher COVID-related costs and expenses
Results are affected by higher COVID-related costs and expenses And are not comparable to 1Q2020 which had no material impacts related to COVID CONTRIBUTION TO NET INCOME BY SEGMENT mar-21 mar-20 Var$ Var% Life 48 123 (75) -61% P&C (10) 3 (13) -436% Health Care 1 16 (15) -95% Operating Expenses* (23
Slide 12: Net income in Life segment returns to positive numbers
Net income in Life segment returns to positive numbers Supported by an increase in premiums and expense efficiency Occupational Risk Solution: claims are recovering +2% 416 424 1.4 1.5 1.4 1.3 1.3 Var 1Q2021: 65% 67% 68% +5.9% 83% 59% 79% 50% 72% 70% 60% 1Q2020 2Q2020 3Q2020 4Q2020 1Q2021 1T2019 3T2
Slide 13: P&C segment premiums increased
P&C segment premiums increased Despite lower dynamism in car solution 2.5 30% 2.1 26% 27% 2.1 1.9 1.9 Var 1Q2021: 20% 53% 50% 51% 53% 17% 18% +0.7% 42% 11% 9% 8% 1Q2020 2Q2020 3Q2020 4Q2020 1Q2021 1Q2020 2Q2020 3Q2020 4Q2020 1Q2021 Written premiums (COP tn) Claims ratio (%REP*) Admin Expense Net Com
Slide 14: Health care segment continues its growth in premiums
Health care segment continues its growth in premiums While COVID claims remain and are compensated by expense efficiency 25% 27% 27% 27% 18% 91.2% 89.6% 90.9% 1.7 89.0% 1.5 1.5 85.6% 1.3 1.3 9.9% 9.1% 10.7% 8.7% 7.5% 1Q2020 2Q2020 3Q2020 4Q2020 1Q2021 1Q2020 2Q2020 3Q2020 4Q2020 1Q2021 Written premi
Slide 15: SURA Asset Management
sura > ASSET MANAGEMENT
Slide 16: Commission income growth accelerates
Commission income growth accelerates Together with a recovery of the return on investments, although still below historical average RETURN ON LEGAL RESERVE OPERATING EARNINGS (“ENCAJE”) OPERATING EARNINGS EXC. ENCAJE* mar-21 mar-20 Var$ Var% 437 Commission income 621 577 44 7.5% 284 377 Income from
Slide 17: Retirement savings segment
Retirement savings segment Increases commission income, leveraged by Mexico and Chile Total AUM (COP tn) COMMISSION INCOME 542 521 Total: (+4.6%) 457 +5.0% 480 427 367 246 258 AUM-based: (+4.9%) 355 Flow-based: (+4.4%) 258 269 dic-17 dic-18 dic-19 dic-20 mar-21 1T2020 2T2020 3T2020 4T2020 1T2021 Flo
Slide 18: Inversiones SURA + Investment Management
Inversiones SURA + Investment Management With doble digit income growth reaches a second consecutive quarter with positive net income 72.3 +28% 56.4 6.5x 1.9 0.3 1T2020 2T2020 3T2020 4T2020 1T2021 1T2020 2T2020 3T2020 4T2020 1T2021 AUM(COP AUM (COPbn) tn) Flujo NetoSavings Net flow Ahorro and e Inve
Slide 19: Investor relations contacts
CEO: GONZALO PÉREZ CFO: RICARDO JARAMILLO Gerente de Inversionistas y Mercado de Capitales CARLOS EDUARDO GONZALEZ cegonzalezt@gruposura.com.co Especialista de Relación con Inversionistas: ANDRÉS ZULUAGA azuluagaa@gruposura.com.co (574) 3197039 PA R A C O N O C E R I N F O R M E S C L I C A Q U Í