Nuernberger Beteiligungs Ag Class B · XETR:NBG6
Nuernberger Beteiligungs Ag Class B — NÜRNBERGER Beteiligungs-AG — Baader Investment Conference 2022
22 slides from Nuernberger Beteiligungs Ag Class B's conference presentation, Sep 21, 2022
Slide 1: Baader Investment Conference 2022
Baader Investment Conference 2022 21 September 2022 Thomas Schülke, Investor Relations
Slide 2: Agenda
Agenda. 1. Equity Story 2. Half year 2022 3. Outlook 21 September 2022 Baader Investment Conference 2
Slide 3: Why to invest in NÜRNBERGER?
Why to invest in NÜRNBERGER? Strong capital position Independent insurance and financial services group • Certified by nationally and internationally • Focused on core market Germany recognized rating agencies • Not dependent on international corporations • Above market-average solvency ratio in lif
Slide 4: Group structure NÜRNBERGER Versicherung
Group structure NÜRNBERGER Versicherung. NÜRNBERGER Beteiligungs-AG NÜRNBERGER NÜRNBERGER NÜRNBERGER NÜRNBERGER Lebensversicherung AG Allgemeine Versicherungs-AG Krankenversicherung AG Verwaltungsgesellschaft mbH NÜRNBERGER NÜRNBERGER NÜRNBERGER NÜRNBERGER AutoMobil Beamten Allgemeine Versicherungsd
Slide 5: NÜRNBERGER is well positioned for the future with its business segments
NÜRNBERGER is well positioned for the future with its business segments. Segments Life Health Property and Casualty Banking services Awards Income protection Statutory Health Motor Insurance Asset Management Business lines Conventional Life Long-term Care Insurance Liability Insurance Investment con
Slide 6: Our ambition towards #1 in income protection
Our ambition towards #1 in income protection. Number 1 in income protection. Life We follow the philosophy of being perceived by our insurance customers and stakeholders as a sustainable health partner. Therefore we develop simple products and cooperate e.g. with service providers so that customers
Slide 7: The future has already begun, our way to health partnership
The future has already begun, our way to health partnership. We simply develop products… Einkommensschutz4Future Ecologically or Social Health Coach:N Humanoo BetterDoc 21 September 2022 Baader Investment Conference 7
Slide 8: … and cooperate with partners and service providers so that our customers stay healthy
… and cooperate with partners and service providers so that our customers stay healthy or get healthy. Be and stay healthy Be sick and get healthy Degree of health risks Ratgeber online GKV-Check Tele Leistungs-Check Claiming (L-Check) Prevention Health adviser online Health issues reduced from Supp
Slide 9: NÜRNBERGER has been offering a reliable and attractive dividend for over decades
NÜRNBERGER has been offering a reliable and attractive dividend for over decades. Total dividend payout (EUR million) 38.0 38.0 38.0 33.4 33.4 34.6 34.6 34.6 34.6 34.6 34.6 28.8 26.5 24.2 19.6 17.3 13.8 11.5 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 EU
Slide 10: Even in times of crisis, NÜRNBERGER share is characterized by a stable price development
Even in times of crisis, NÜRNBERGER share is characterized by a stable price development. 140% 130% 120% 110% 100% 90% 80% 70% 60% 50% NÜRNBERGER Performance DAX Versicherungs-Index 21 September 2022 Baader Investment Conference 10
Slide 11: Long-standing and stable group of shareholders
Long-standing and stable group of shareholders. Banks/ Investment companies Retail/Institutional investors/Distribution partners 5% 29 % Primary insurance companies Free-Float: 24 % 34 % 32 % Reinsurance companies 21 September 2022 Baader Investment Conference 11
Slide 12: Agenda
Agenda. 1. Equity Story 2. Half year 2022 3. Outlook 21 September 2022 Baader Investment Conference 12
Slide 13: Growth course successfully continued even in times of crisis
Growth course successfully continued even in times of crisis - temporary burden on the result. 1.8 bill. 284.5 mill. 31.9 bill. +2.5 % +8.8 % -1.5 % Gross premiums written* New and additional Investments* premiums* 14.0 mill. 908.6 mill. A+ –62.9 % +0.3 % Outlook Stable Consolidated net Shareholders
Slide 14: New business and premiums written continued to develop positively
New business and premiums written continued to develop positively. New and additional premiums Premiums written* EUR million** 19, EUR million** CAGR CAGR +5.4 % +1.7 % +8.8 % +2.5 % 608.5 638.4 3,524.1 574.3 3,407.0 3,481.3 261.5 284.5 1,751.0 1,794.7 2019 2020 2021 HY 2021 HY 2022 2019 2020 2021 H
Slide 15: Numerous temporary effects weigh on consolidated net income
Numerous temporary effects weigh on consolidated net income - but core business still intact. Consolidated net income Special effects EUR million • 2020 – Considerable claims expenses due to the corona pandemic; Proceeds from the sale of participations • 2021 – Negative segment result P&C due to nat
Slide 16: Agenda
Agenda. 1. Equity Story 2. Half year 2022 3. Outlook 21 September 2022 Baader Investment Conference 16
Slide 17: Outlook for 2022 still positive, but subject to higher uncertainty
Outlook for 2022 still positive, but it is subject to higher levels of uncertainty. New premiums: Slight increase Life* Gross premiums written: unchanged New premiums: Slight increase P&C Gross premiums written: Significant growth New premiums: Substantial upturn Health Gross premiums written: Signi
Slide 18: Strategic goals: Success course continued
Strategic goals: Success course continued. Starting point 2013 Target Zielsetzung 2025 Accomplished (2021) • Stable dividend √ Consolidation of the position as a Profitability • Long-term stable dividend • Attractive Return on Equity reliable partner for customers and • Consolidation of Solvency II
Slide 19: Strategic KPIs indicate we are on track
Strategic KPIs indicate we are on track. Return on Equity Group Solvency* In % In % 14.3 Target: 175 10 241 250 8.6 9.5 206 223 214 8.1 7.9 7.4 148 2016 2017 2018 2019 2020 2021 Target 2016 2017 2018 2019 2020 2021 • Target setting in 2016 • Special effects in 2020 and 2021 (see slide 15) *Pillar 1;
Slide 20: NÜRNBERGER share offers you …
NÜRNBERGER share offers you … … the opportunity to invest in a successful and … and above all: independent German insurance company. an attractive dividend that has been stable since the holding company was founded more than 30 years ago. … the security of a profitable, diversified and sustainable b
Slide 21: Stay in touch with us
Stay in touch with us. Investor Relations Tel.: +49 911 531-1425 Investor-Relations@nuernberger.de 21 September 2022 Baader Investment Conference 21
Slide 22: Disclaimer
Disclaimer. This presentation was created by NÜRNBERGER Beteiligungs-AG, the holding company of NÜRNBERGER Versicherung, for informational purposes only as part of the Baader Investment Conference 2022. It does not constitute an offer, investment advice, an investment recommendation or an invitation
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