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

Grupo De Inversiones Suramericana — Q4 2014 Earnings Presentation

25 slides from Grupo De Inversiones Suramericana's earnings presentation, 2015

  1. Slide 1: 4Q 2014 Results Presentation

    4Q 2014 Results Presentation

  2. 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

  3. Slide 3: Agenda: Grupo SURA

    A G E N D A 1 GRUPO SURA 2 SURAMERICANA 3 SURA ASSET MANAGEMENT 3

  4. 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 Assets (COP billion) Liabilities (COP billions) -1.5% +13.1% -10.1% +45.1% 1.2 24.2 23.8 23.8 1.1 1.1 21.1 0.8 3Q 14 4Q 14 4Q 13 3Q 14QoQ4Q 14 4Q 13 YTD 4Q 14 QoQ YTD4Q 14 Shareholder's Equity (COP billion) -1.0% +11.9% 22.9 22.7 22.7 20.3 4 3Q 14 QoQ

  5. 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) -10.5% +7.0% 924,511 468,215 827,437 437,433 2013 2014 2013 2014 Operational Expenses (COP Million) Net Income (COP Million) +0.2% -14.1% 45,986 46,057 781,794 671,900 5 2013 2014 201

  6. Slide 6: Shareholders

    S h a r e h o l d e r s 1 SHAREHOLDERS (COMM+PREF) SHAREHOLDERS (COMM) 8.1% 10.7% Grupo Argos and subsidiaries 4.0% 5.3% 30.7% 37.1% Grupo Nutresa 15.6% Colombian Pension Funds 17.4% International Funds Retail Investors 10.3% Institutional Investors 22.6% 25.6% 12.7% Outstanding Ord. Shares: 469,037

  7. Slide 7: Stock Evolution

    S t o c k E v o l u t i o n 1 140 130 120 118.7 110 112.9 100 94.19 90 80 70 dic.-13 feb.-14 abr.-14 jun.-14 ago.-14 oct.-14 dic.-14 PFGRUPSURA GRUPOSURA COLCAP 31/12/2014 % Annual Var * % YTD Var.** 31/12/2013 GRUPOSURA (Pesos) 40,000 18.7% 18.7% 33,700 PFGRUPSURA (Pesos) 39,500 12.9% 12.9% 34,980

  8. 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 + 14.9% 0.7% Other 0.6% 17.7% 22.5% Grupo Argos Other SURA Asset Management 22.3% 19.8% SURA Asset Management Grupo Argos COP 22.9BILLION* 15.0% COP 26.3 BILLION* DECEMBER 2013 Suramericana DECEMBER 2014 15.1% 18.7% Suramericana Grupo Nutresa 17.2% 23.6% Ban

  9. Slide 9: Agenda: Suramericana

    A G E N D A 2 1 SURAMERICANA GRUPO SURA 3 SURA ASSET MANAGEMENT 9

  10. Slide 10: Suramericana Revenues per Subsidiary

    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, 2014) Revenues per Subsidiary Q4 14 Q4 13 MARKET SHARE Life Insurance 2,280,744 1,977,853 Property and Casualty 1,533,503 1,420,854 EPS SURA 1,3

  11. 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 Q4 14 Q4 13 % Var. YoY Million) Total assets 2,559,346 2,188,589 16.9% Current assets 38,578 27,532 40.1% Investments 2,520,715 2,161,172 16.6% Total liabilites 126,348 67,258 87.9% Shareholders' equity 2,456

  12. Slide 12: Seguros Generales Suramericana P&C Company

    Seguros Generales Suramericana 2 P & C C o m p a n y MAIN FIGURES Q4 14 Q4 13 % Var. YoY RATIOS Q4 14 Q4 13 Written premiums 1,534 1,421 7.9% Claims ratio 44.5% 50.2% Retained premiums 1,018 957 6.4% Net claims ratio 52.7% 52.2% Claims (682) (714) -4.4% Commission expenses ratio 10.3% 10.4% Retained

  13. 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) 4Q 14 4Q 14 4Q 14 4Q 13 Automobile 580,703 4.2% 555,725 4.4% 60.1% 61.6% SOAT 272,148 12.5% 227,946 7.6% 51.2% 50.4% Fire 326,441 15.9% 43

  14. 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 Q4 14 Q4 13 % Var. YoY RATIOS Q4 14 Q4 13 Written premiums 2,281 1,978 15.3% Claims ratio 58.9% 62.8% Retained premiums 2,213 1,915 15.6% Net claims ratio 56.8% 59.1% Claims (1,342) (1,242) 8.1% Commission expenses ratio 8.7% 9.5% Ret

  15. 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) 4Q 14 4Q 14 4Q 14 4Q 13 Health 621,140 15.1% 621,140 15.1% 62.8% 61.9% Individual life 525,813 13.0% 466,639 13.1% 23.6% 32.1% Group life

  16. Slide 16: ARL SURA

    A R L S U R A 2 MAIN FIGURES Q4 14 Q4 13 % Var. YoY MARKET SHARE Written premiums 782 658 18.9% Other (4) Claims (253) (226) 11.7% 7.3% Li berty 5.1% ARL SURA Total reserves (155) (143) 7.8% 29.9% Direct operational result 158 120 31.6% Bol iva r 6.4% Operational expenditures (100) (84) 18.3% Net op

  17. Slide 17: EPS SURA

    E P S S U R A 2 MARKET SHARE MAIN FIGURES Q4 14 Q4 13 % Var. YoY Revenues 1,319 1,077 22.5% Claims (1,217) (988) 23.2% Direct operational result 83 71 16.8% Grupo Sa l udcoop Operational expenditures (97) (89) 9.2% 27.0% Net operational result (14) (18) -20.5% Other 31.7% Investments Result 39 34 15

  18. Slide 18: Agenda: SURA Asset Management

    A G E N D A 3 1 SURA ASSET MANAGEMENT GRUPO SURA 2 SURAMERICANA 18

  19. 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 2014 2013 %Var Premiums 812,350 715,569 13.5% Fee and commission income 709,665 709,524 0.0% Investment income 242,625 159,049 52.5% Profit and losses at fair value 132,295 106,576 24.1% Inco

  20. 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 México Perú Uruguay Colombia (1) Country rating Aa3/AA-/A+ A3/BBB+/BBB+ A3/BBB+/BBB+ Baa2/BBB-/BBB- Baa2/BBB/BBB 1% 4% 944.0 Revenues 510.1 21% 48% 419.2 1,978.3 MM 26% 28.7 74.5 1% 805.2 Operational 21% Expenses 371.6 3

  21. 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 (1,978.3 USD Million) Operational expenses (1,538.8 USD Million) +7.4% +44.1% -7.1% +7.6% NA +12.0% +67.2% -16.1% +8.0% 944 879 SURA AM 805 SURA AM + 15.3% 71

  22. 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 Assets Under Management f i g u r e s Clients Base Salary Market Share (2) Commission Employees (AUM) (MM) (USD MM) Geographical presence (US$Bn) 20.63% 36.5 1.9 1.44% 14,185 2,443 4° (Aa3/AA-/A+) 14.83% 27.5 6.2 1.15% 3,322 3° (A3/BBB+/BBB+) 40.94

  23. 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 114.0 Billion) Affiliates– Mandatory (15.5 Million) 15.8% 21.0% 11.2% 15.5% 18.6% 9.2% 36.5 -2.3% -0.1% -0.8% 4.2% 3.1% 5.2% 31.5 6.1 6.1 27.5 SUAM SUAM 26.9 22.8 23.2 + 16.1% + 1.1% 3.

  24. 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 Leaders in the pension fund business | No. 1 | 23.3% market share s h a r e Compañía Industria de Pensiones (Mandatorias, Voluntarias y Cesantias) Región Chile México Perú Colombia Uruguay El Salvador 23.3% 1° 20.6% 4° 14.8% 3° 40.9% 1° 36.7% 2° 18

  25. 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)

Grupo de Inversiones Suramericana — Q4 2014 Earnings Presentation on 6ix