Igi Life Insurance Limited · PSX:IGIL
Igi Life Insurance — Investor Presentation (2023)
11 slides from Igi Life Insurance's investor presentation, 2023
Slide 1: Assure financial future today for a better tomorrow
Assure financial future today for aabetter Creating tomorrow better tomorrow
Slide 2: Product Suite
Product Suite of Conventional Unit Linked Individual Life Savings Insurance Attempting to Disrupt Products Plans Plans through “Innovation” Brought in Vitality Individual Medical to Pakistan Accidental Coverage and Health Products Plans Corporate Group Group Life Employee Medical Insurance Benefit C
Slide 3: The Network
The Network Vitality Group operates in 40 markets and more than 30 million members are engage in the Vitality programme The model is built on a foundation of 40 million life years of health, life and insurance data linked to wellness behavior Every single minute this platform tracks roughly a 1,000
Slide 4: Gross Premium Analysis (2022)
Gross Premium Analysis (2022) Overall Gross Premium Rs. 6,072 million Jan – Dec 2022 For 2022:Banca is 40%, Agency is 28% and Corporate is 32% For 2021: Banca is 42%, Agency is 31% and Corporate is 27% For March 2023: Banca is 40% , Agency is 20% and Corporate is 40% Individual Life- Agency 28% Banc
Slide 5: Our Business Partners
Our Business Partners Banca Partners Reinsurance Partners • Standard Chartered Bank • Hannover Re • Bank Alfalah • Munich Re • HBL • Hannover ReTakaful • UBL Corporate Relations • BOP • Silk Bank Over 500 Relations • Dubai Islamic Bank • MCB • Allied Bank • Faysal Bank Assure financial future today
Slide 6: Investment Portfolio December 31, 2022
Investment Portfolio December 31, 2022 IGI Life Rs. 19,517M (Dec-21: 19,634M) Policy Holders Fund Shareholders Fund Rs. 17,913M Rs. 1,604M (Dec-21: 18,158M) (Dec-21: 1,476M) T-Bills/PIBs/TFCs Life Par Life Non-Par Pension (PIBs) Investment Linked Rs.2,306M Rs. 5,328M Rs. 233M Rs. 10,046M Rs. 1,370M
Slide 7: Investment Performance (Jan 2022 - Dec 2022)
Investment Performance (Jan 2022 - Dec 2022) – Gross Returns 13.4% 12.0% 11.9% 11.9% 2.8% 4.2% -9.4% -4.8% -10.9% -9.0% KSE-100 Balanced Fund Aggressive Fund - Tak Balanced Fund - Tak Conventional Fund - Tak KMI-30 Aggressive Fund Conventional Fund Secure Fund Policy Rate Avg 2022 Assure financial f
Slide 8: Profit and Loss Account For the year ended December 31, 2022
Profit and Loss Account For the year ended December 31, 2022 31-Dec-22 31-Dec-21 Description During the past year, the Company developed a strategy which has helped the Company to improve the performance. Under the new strategy the company took a number of measures like consolidation of Rupees in 00
Slide 9: Embedded Value (PKR Million)
Embedded Value (PKR Million) 2,800 20.00% 14.61% 2,700 15.00% Embedded Value Change in Year - Quarter % Change (PKR Million) Embedded Value 2,600 10.00% 6.70% 2017-Q4 2,567 0.0% - 2,500 2018-Q4 2,273 -294 -11.5% 5.00% 2,400 2,799 2019-Q4 2,321 48 2.1% -1.39% 2.11% 0.00% 2,660 2,300 2,623 2020-Q4 2,6
Slide 10: Profit and Loss Account For the quarter ended March 31, 2023
Profit and Loss Account For the quarter ended March 31, 2023 31-Mar-23 31-Mar-22 Description • During the first quarter of 2023, gross premium written by your Company (including takaful contributions) stood at Rs. 1.778 billion as against Rs. 1.631 billion in the Rupees in 000's corresponding period
Slide 11: Thank you
Thank you Assure financial future today for aabetter Creating tomorrow better tomorrow