Zurich Insurance Group Ltd · SIX:ZURN

Zurich Insurance — Investor Day (November 2016)

15 slides from Zurich Insurance's investor day presentation, Nov 17, 2016

  1. Slide 1: Investor Day – Media presentation

    Investor Day – Media presentation Mario Greco, Group Chief Executive Officer November 17, 2016 London Zurich Insurance Group

  2. Slide 2: Disclaimer

    Disclaimer Certain statements in this document are forward-looking statements, including, but not limited to, statements that are predictions of or indicate future events, trends, plans or objectives of Zurich Insurance Group Ltd or the Zurich Insurance Group (the ‘Group’). Forward-looking statement

  3. Slide 3: Key messages

    Key messages Globally diversified insurance group with earnings growth and significant expense reduction Group potential Opportunity Strengthen position as a global composite insurer and develop more focused retail proposition Shareholder Deliver sustainable earnings growth which will support an inc

  4. Slide 4: Thoughts after the first eight months on the job

    ZURICH’S POSITION Thoughts after the first eight months on the job Strengths Opportunities  Very diverse and balanced portfolio of products  Reduce Group expense base and services with global reach  Simplify Group structure  Powerful, internationally recognized brand  Improve accountability thr

  5. Slide 5: We are truly global and diversified

    ZURICH’S POSITION We are truly global and diversified GEOGRAPHIC SPLIT OF P&C GWP (2015)1 GROUP BOP SPLIT (2013-2015)2 2% 4% 0% 0% 1% 7% 5%2 6% 10% 8% 9% 6% 7% 5% 28% 25% 7% 7% 4% 6% 26% 42% 45% 94% 54% 92% 81% 66% 78% 72% 42% 30% 21% 10% RoW APAC LatAm North America Europe General Insurance Global

  6. Slide 6: We have clear opportunities to improve

    ZURICH’S POSITION We have clear opportunities to improve Strengths Opportunities   Reduce Group expense base  Simplify Group structure   Improve accountability throughout the organization   Reinvigorate technical excellence   Bring more focus to the business   Better position retail prese

  7. Slide 7: The first results are encouraging

    ZURICH’S POSITION The first results are encouraging GI LOSS RATIO (%) EXPENSE DEVELOPMENT (USDbn)3 GROUP BOPAT ROE (%) 71.8% 5.0 11.9% 4.8 11.1% 0.9% 67.2% 3.5% 66.4% 3.0% 2.3% 6.4% 67.3% 65.9% 65.2% 0.1% -1.1% -1.6% FY-14 FY-15 9m-16 9m-15 9m-16 FY-14 FY-15 9m-16 Tianjin loss AY LR (ex. cat.)2 Cata

  8. Slide 8: Our financial targets underline our aim to be an efficient, leading insurer

    FINANCIAL TARGETS Our financial targets underline our aim to be an efficient, leading insurer ZURICH’S 2017-2019 FINANCIAL TARGETS BOPAT ROE1 in excess of 12% and increasing, despite a higher equity base USD 1.5bn in net savings by 2019 compared to the 2015 baseline Cash remittances in excess of USD

  9. Slide 9: Operations drives customer outcomes and value delivery to shareholders

    OPERATIONS Operations drives customer outcomes and value delivery to shareholders EFFICIENCY AND TECHNICAL EXCELLENCE CUSTOMER EXPERIENCE OPERATIONAL EXCELLENCE  Increased efficiency through  Better risk selection and pricing  Smoother customer journeys process improvement,  Faster reaction to m

  10. Slide 10: We are focused on continuing to reward our shareholders

    FINANCIAL TARGETS We are focused on continuing to reward our shareholders ZURICH’S DIVIDEND POLICY1 CUMULATIVE DIVIDENDS PAID (FOR YEAR ENDING, USDbn) 19.8 NIAS payout ratio of approx. 75% 2015 2014 2013 >50% of market Dividend increases based on 2012 capitalization paid out sustainable earnings gro

  11. Slide 11: Key messages

    Key messages Globally diversified insurance group with earnings growth and significant expense reduction Group potential Opportunity Strengthen position as a global composite insurer and develop more focused retail proposition Shareholder Deliver sustainable earnings growth which will support an inc

  12. Slide 12: Annex

    @ ZURICH Annex

  13. Slide 13: Our expense and underwriting initiatives offset higher equity base and market pressures

    FINANCIAL TARGETS Our expense and underwriting initiatives offset higher equity base and market pressures ILLUSTRATIVE BOPAT ROE DEVELOPMENT 0-1% ~13% 0-0.5% 11.9% 12% 2.5-3.0% ~1% ~0.5-0.75% ~1.5-2% ~0.75% 0.5-1% ~1% Indicative P&C CR 95 - 96% 9m-16 Higher Lower Decline Life & Farmers Market Techni

  14. Slide 14: For further information

    For further information CALL US VISIT OR FOLLOW US Maeve Gallagher Riccardo Moretto Frank Keidel Pavel Osipyants Roman Hess Sylvia Gäumann Phone: +41 (0)44 625 21 00  News Email: media@zurich.com Twitter: @zurich Follow us © Zurich November 17, 2016 Investor Day 14

  15. Slide 15: Calendar

    CALENDAR  February 9, 2017, Annual Results 2016  March 29, 2017, Annual General Meeting 2017  May 11, 2017, Results for the three months ended March 31, 2017  August 10, 2017, Half year results 2017 © Zurich Insurance Company Ltd

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