Grupo De Inversiones Suramericana S.a. · BVC:GRUPOSURA
Grupo De Inversiones Suramericana — Q1 2016 Earnings Presentation
26 slides from Grupo De Inversiones Suramericana's earnings presentation, 2016
Slide 1: Results Presentation 1Q 2016
Results Presentation 1Q 2016
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 fro
Slide 3: Agenda
AGENDA Results Presentation GRUPO SURA CONSOLIDATED RESULTS SURA ASEGURAMIENTO, TENDENCIAS Y RIESGOS SURAMERICANA S.A INSURANCE AND RISK MANAGEMENT SURA ASSET MANAGEMENT PENSIONS, SAVINGS AND ASSET MANAGEMET
Slide 4: Grupo SURA Consolidated Results 1Q
GRUPO SURA CONSOLIDATED RESULTS 1Q Panama
Slide 5: Statement of Financial Position Consolidated
STATEMENT OF FINANCIAL POSITION CONSOLIDATED 55.5 57.4 ASSETS SHAREHOLDER’S EQUITY 29.5 32.9 LIABILITIES 26.1 24.5 2015 2015 2016 2016 ASSETS mar-16 Var. $Bn dec-15 %Change Investments 21.7 (0.1) 21.7 -0.3% dec-15 55.5 Goodwill 4.2 (0.1) 4.3 -1.6% +1.9 Bn Identified intangible assets 3.8 (0.1) 3.9 -
Slide 6: Statement of Financial Position Consolidated: Liabilities and Equity
STATEMENT OF FINANCIAL POSITION CONSOLIDATED LIABILITIES TOTAL SHAREHOLDER’S EQUITY dec-15 29.5 +3.5 Bn dec-15 26.1 -1.5 Bn 11.7% -5.9% mar-16 32.9 mar-16 24.5 0.0 5.0 10 .0 15 .0 20 .0 25 .0 30 .0 35 .0 0.0 5.0 10 .0 15 .0 20 .0 25 .0 30 .0 mar-16 Var. $Bn dec-15 %Change Other financial liabilities
Slide 7: Statement of Financial Position: Debt
STATEMENT OF FINANCIAL POSITION DEBT FINANCIAL LIABILITIES +2.2 Bn dec-15 6.3 34.6% mar-16 8.4 Preferred Derivatives dividends 2.5% Suramericana 3.8% 12.0% TYPE OF Bonds DEBT BY 40.8% Banks and DEBT COMPANY repos SURA AM Grupo 52.9% 34.3% SURA and other subsidiaries 53.7% 7 Figures in COP billion
Slide 8: Statement of Comprehensive Income Consolidated
STATEMENT OF COMPREHENSIVE INCOME CONSOLIDATED mar-16 Var. $ mar-15 % Var Retained premiums (net) 2.0 0.4 1.6 26.0% mar-15 3.1 +0.8 Bn Commission income 0.5 0.1 0.5 16.2% 26.8% Revenues on services rendered 0.6 0.1 0.5 21.3% TOTAL Investment income 0.4 0.1 0.3 20.6% REVENUES Exchange difference (net
Slide 9: Shareholders
SHAREHOLDERS 9.3% 3.8% 34.7% 10.4% Grupo Argos and 19.7% SHAREHOLDERS 4.9% subsidiaries 28.8% (ORD) Grupo Nutresa Colombian Pension SHAREHOLDERS 20.5% Funds (ORD+PREF) International Funds 19.9% 12.7% 10.3% Retail Investors 25.1% Institutional Investors Outstanding Ord. Shares: 469,037,260 Outstandin
Slide 10: Stock Evolution
STOCK EVOLUTION 130 120 117.10 114.33 110 100 101.16 90 80 70 31-mar-15 31-may-15 31-jul-15 30-sep-15 30-nov-15 31-ene-16 31-mar-16 PFGRUPSURA GRUPOSURA COLCAP 31-mar-16 % Annual Var* % YTD Var* 31-dic-15 31-mar-15 GRUPOSURA (Pesos) 39,900 18.9% 11.8% 35,700 33,560 PFGRUPSURA (Pesos) 39,200 17.0% 12
Slide 11: Portafolio de Inversiones
PORTAFOLIO DE INVERSIONES Grupo Argos Other Bancolombia 17.8% 0.4% 24.1% 26.0 COP Grupo Nutresa 15.9% BILLION* MARCH 2016 Sura Asset Suramericana Management 16.1% 25.7% Including their commercial value pursuant to accountant standards and the stakes held NOTE: Considering Suramericana at 2x P/BV and
Slide 12: Sura Aseguramiento, Tendencias y Riesgos - Suramericana S.A
SURA ASEGURAMIENTO, TENDENCIAS Y RIESGOS SURAMERICANA S.A CONSOLIDATED RESULTS 1Q Bogotá
Slide 13: Suramericana Consolidated Figures
SURA ASEGURAMIENTO, TENDENCIAS Y RIESGOS SURAMERICANA S.A CONSOLIDATED FIGURES mar-16 Var. $ mar-15 %Var mar- Retained premiums (net) 1.3 0.2 1.1 18.0% 1.7 +0.36 Bn 15 20.7% Revenues on services rendered 0.5 0.1 0.4 22.1% TOTAL Investment income 0.2 0.1 0.2 42.0% REVENUES Main variations 0.4 mar- 2.
Slide 14: Segments Main Figures
SEGMENTS MAIN FIGURES LIFE NON-LIFE mar-16 $ Var. mar-15 %Var mar-16 $ Var. mar-15 %Var Retained premiums (net) 849 85 764 11.2% Retained premiums (net) 433 112 320 35.1% Investment income 197 70 128 54.7% Investment income 27 (7) 33 -19.7% Retained claims (521) (86) (435) 19.7% Retained claims (254
Slide 15: Life Insurance Segment Premiums and Claims Ratio
LIFE INSURANCE SEGMENT PREMIUMS AND CLAIMS RATIO Premiums Retained Premiums Retained Claims Ratio mar-16 %Var mar-16 %Var mar-16 mar-15 Life 139,605 16.2% 123,050 17.6% 30.4% 26.7% Group Life 114,593 12.9% 112,238 13.1% 43.6% 35.9% Pension 145,024 -1.9% 144,682 0.9% 97.4% 95.3% Health 209,860 19.4%
Slide 16: Non-Life Insurance Segment Premiums and Claims Ratio
NON-LIFE INSURANCE SEGMENT PREMIUMS AND CLAIMS RATIO Premiums Retained Premiums Retained Claims Ratio mar-16 %Var mar-16 %Var mar-16 mar-15 Auto 253,213 37.4% 245,043 37.7% 69.7% 66.5% Fire 74,487 9.9% 15,202 -12.1% 40.7% 34.6% Mandatory road accident 88,214 20.6% 80,505 32.4% 54.2% 48.6% Other 172,
Slide 17: Health Care Segment Premiums and Claims Ratio
HEALTH CARE SEGMENT PREMIUMS AND CLAIMS RATIO Services rendered Costs of services Claims Ratio mar-16 %Var mar-16 %Var mar-16 mar-15 EPS 474,696 24.7% 438,165 18.3% 92.3% 97.3% IPS 86,035 17.3% 59,708 17.0% Dinámica 46,405 9.8% 31,773 9.0% Total 607,135 22.3% 529,646 17.5% 17 Figures in COP million
Slide 18: SURA Asset Management Consolidated Results 1Q
SURA ASSET MANAGEMENT CONSOLIDATED RESULTS 1Q Santiago de Chile
Slide 19: SURA Asset Management Consolidated Figures
SURA ASSET MANAGEMENT CONSOLIDATED FIGURES mar-16 Var. $ mar-15 %Change mar-15 1.1 Retained premiums (net) 0.7 0.2 0.5 43.8% +0.32 Bn Commission income 0.5 0.1 0.4 16.8% TOTAL 28.5% Investment income 0.2 0.03 0.2 14.0% REVENUES Revenues via equity method 0.03 0.01 0.02 46.0% mar-16 1.4 Main Variatio
Slide 20: Segments Main Figures
SEGMENTS MAIN FIGURES MANDATORY PENSION VOLUNTARY SAVINGS mar-16 $ Var. mar-15 %Change mar-16 $ Var. mar-15 %Change Commission income 443 57 386 14.8% Retained premiums (net) 215 96 119 81.0% Investment income 12 (38) 50 -75.5% Commission income 40 12 28 42.3% Equity method 24 8 16 48.7% Investment
Slide 21: Mandatory Pension Main Figures
MANDATORY PENSION MAIN FIGURES COMMISSION INCOME RETURN ON ENCAJE 19.6% 9.2% 17.9% 17.2% 14.8% 2.0% 0.1% 1.0% 13.4% 1.4% 443.4 -98.3% -43.0% -80.5% 63.6% -84.6% 386.4 -98.6% -47.8% -83.3% 58.2% 42.9 -86.7% 28.6 149.4 161.5 176.4 124.9 101.0 85.7 8.1 6.6 5.3 3.0 14.2 16.7 0.5 1.6 0.9 1.5 Chile México
Slide 22: Mandatory Pension Market Figures
MANDATORY PENSION MARKET FIGURES ASSETS UNDER MANAGEMENT FUND MEMBERSHIP (MM) (COP BILLION) 8.0% 5.7% 12.1% 12.0% 8.7% 23.8% -2.8% 2.6% -0.8% 1.8% 3.7% 5.2% 2.0% 8.9% 15.68 16.00 1.6% 5.1% 5.0% 19.7% 8.7% 7.2% 5.0% 291.5 267.7 6.19 6.35 88.2 95.2 3.954.09 62.3 65.8 67.0 61.6 40.4 45.3 1.80 1.75 2.03
Slide 23: Voluntary Savings Segment Main Figures
VOLUNTARY SAVINGS SEGMENT MAIN FIGURES COMMISSION INCOME NET PREMIUMS WITH SAVINGS 45.4% 39.0% 36.3% 82.8% 42.3% 76.5% 0.0% 162.5% 81.0% 24.1% 27.4% 16.8% 76.8% 25.1% 40.4 50.6% 0.0% 124.9% 54.5% 215.0 199.6 28.4 21.2 118.8 113.1 16.1 14.6 11.6 2.0 2.7 0.3 15.0 0.2 0.0 0.4 5.7 Chile México Perú Urug
Slide 24: Voluntary Savings Segment Market Figures
VOLUNTARY SAVINGS SEGMENT MARKET FIGURES ASSETS UNDER MANAGEMENT CLIENTS (COP THOUSAND MILLIONS) (THOUSANDS) 21.4% 13.1% 66.2% 42.6% 7.5% 17.1% 5.1% 23.3% 2.2% 144.0% 2.6% 7.7% 14.2% 14.2% 866 12.5% 55.6% 52.3% 7.5% 26,099 804 22,280 388 10,112 369 8,663 8,943 266 273 7,139 5,0485,425 131 161 1,096
Slide 25: Insurance Segment Main Figures
INSURANCE SEGMENT MAIN FIGURES TOTAL PREMIUMS ADJUSTMENTS TO RESERVES 88.2% 15.0% 5.1% 48.0% 57.8% 14.0% -1.2% 31.8% 424 34.6% 4.5% -15.3% 14.7% 60.6% 5.4% -9.9% 28.9% 485 286 368 261 284 139 180 91 114 79 69 73 100 88 87 Chile México Perú Total Chile México Perú Total RETAINED CLAIMS NET INCOME 21.
Slide 26: Investor Relations Contacts
CEO: DAVID BOJANINI CFO: RICARDO JARAMILLO IR Director: JUAN CARLOS GOMEZ IR Specialist: MARIA ADELAIDA OCHOA E-mail: ir@gruposura.com.co Phone: (574) 4355941 www.gruposura.com.co GRUPO SURA App Para dispositivos móvil (App Store – Google Play)
Grupo de Inversiones Suramericana — Q1 2016 Earnings Presentation on 6ix