Anadolu Anonim Turk Sigorta Sirketi A.s. · BIST:ANSGR

Anadolu Anonim Turk Sigorta Sirketi A.s — Q1 2018 Earnings Presentation

15 slides from Anadolu Anonim Turk Sigorta Sirketi A.s's earnings presentation, May 2, 2018

  1. Slide 1: Financial Results 1Q18 Conference Call

    Financial Results 1Q18 Conference Call May 2, 2018

  2. Slide 2: Contents

    Contents  Highlights of Sector  Core indicators  Highlights of Anadolu  Financial statements  Premium production  Investment portfolio  Growth performance  Q&A session  Profitability

  3. Slide 3: Highlights of 1Q18 - Sector

    Highlights of 1Q18 - Sector 2018Q1 2017Q1 • Premium growth vs. profitability GPW Share GPW Share (mn TRY) (mn TRY) Allianz 1.469 11,6% Allianz 1.421 13,2% Anadolu 1.378 10,9% Anadolu 1.112 10,4% • 5% Additional Increase in MTPL Ceiling Aksigorta 932,1 7,4% Axa 830,8 7,7% Ziraat 844,7 6,7% Mapfre 774

  4. Slide 4: Highlights of 1Q18 - Anadolu

    Highlights of 1Q18 - Anadolu • Strong Growth (mn TRY) 1Q17 1Q18 YoY(%) Anadolu 1.112 1.378 22,8% Sector 12.661 10.759 17,7% • Improving financials (mn TRY) 1Q17 2Q17 3Q17 4Q17 1Q18 YoY(%) (mn TRY) 1Q17 1Q18 YoY(%) Net Profit 61,7 24,3 12,8 85,4 109,1 76,8% Gross Profit 85,2 153,6 80,3% Net Profit 61

  5. Slide 5: Premium Production

    Premium Production (mn TRY) Anadolu Sigorta 1Q17 2Q17 3Q17 4Q17 2017 1Q18 YoY(%) 1Q18 MOD 189 272 219 273 953 234 23% MOD OTHER 16,8% 24,2% MTPL 292 328 329 393 1.342 376 29% FIRE 185 232 153 243 814 209 13% HEALTH 184 120 99 136 538 218 19% MTPL HEALTH 26,0% 16,4% OTHER 272 259 198 296 1.024 341 25

  6. Slide 6: Premium Production

    Premium Production (mn TRY) Rank Market Share BRANCHES 1Q18 1Q17 Growth 1Q18 1Q18 MTPL 376 292 1 10% 29% MOD 234 189 1 13% 23% Fire 209 185 1 12% 13% General Liability 52 44 1 15% 18% Watercraft 27 25 1 38% 11% Aircraft 8 4 1 49% 127% Aircraft Liability 9 9 2 36% -3% Health 218 184 3 11% 19% General

  7. Slide 7: Growth Performance

    Growth Performance Total Assets (mn TRY) (*) 5% Tech. Reserves (mn TRY) 3% 7.276 4.456 4.568 6.929 3.914 5.840 4.677 2.934 3.773 2.282 2014 2015 2016 2017 18Q1 2014 2015 2016 2017 18Q1 Cash and Marketable Shareholders' Equity (mn TRY) -1% Sec. (mn TRY) (*) 5% 1.639 1.628 4.723 4.505 3.832 1.202 1.22

  8. Slide 8: Profitability – Combined Ratio

    Profitability – Combined Ratio Combined Ratio 18Q1 17Q1 YoY(%) MOD 97,8% 98,7% -0,9% MTPL 120,2% 95,5% 25,9% Fire 84,2% 90,4% -6,9% Health 121,5% 105,8% 15,7% P.Accident 76,2% 68,4% 7,8% Total 107,3% 102,7% 4,5% 107% 107,1% 107,5% 107,3% 103% 9% 9% 9% 10% 9% 15% 15% 14% 15% 14% 80% 83% 83% 85% 83% 2

  9. Slide 9: Core Indicators

    Core Indicators (TRY) Change 18Q1 2017 (18Q1-2017) Mcap 2.080mn 1.550mn 34% Equity (Book Value) 1.628mn 1.639mn 0% P / BV 1,28 0,95 35% 2500 1,3% 1,4% 1,2% 2000 1,0% 2.080 1,0% 0,8% 1500 1.639 1.628 0,8% 0,7% 0,7% 1.550 1000 1.202 1.223 0,6% 1.020 965 0,4% 710 795 500 0,2% 0 0,0% 2014 2015 2016 2017

  10. Slide 10: Financial Statements

    Financial Statements (mn.TRY) Change (%) Change (%) P&L 1Q18 1Q17 4Q17 (YoY) (QoQ) Tech. Income (*) 844 864 857 -2% -2% Tech. Expenses -906 -887 -903 2% 0% Net Financial Inc. + Other Exp. (*) 200 102 155 96% 29% Deferred Tax 15 6 -11 150% -236% Gross Profit 154 85 98 81% 57% Tax -45 -23 -13 96% 246%

  11. Slide 11: Financial Statements

    Financial Statements (mn.TRY) Assets 18Q1 2017 Liabilities 18Q1 2017 Cash + Marketable Sec. 4.885 4.608 Technical Provisions 4.568 4.456 Equity Participations 641 690 Shareholders' Equity 1.628 1.639 Other Assets 1.911 1.734 Other Liabilities 1.241 937 Assets 7.437 7.032 Liabilities 7.437 7.032

  12. Slide 12: Financial Statements

    Financial Statements (mn.TRY) 8.000 18,0% 7.437 16,0% 7.000 15,6% 7.032 14,0% 6.000 5.974 13,2% 12,0% 5.000 4.888 4.669 10,0% 4.497 4.000 3.773 3.832 8,0% 3.000 7,6% 7,4% 6,0% 2.775 2.000 2.250 5,9% 4,0% 1.639 1.628 1.000 1.202 1.223 2,0% 1.051 72 64 88 184 109 0 0,0% 2014 2015 2016 2017 18Q1 Assets

  13. Slide 13: Profitability

    Profitability ROAE 15,63 13,20 7,55 7,41 5,85 2014 2015 2016 2017 1Q18 ROE 21,46 18,93 17,74 15,40 9,90 10,54 8,70 7,70 7,40 5,90 2014 2015 2016 2017 1Q18 ROE - ANHYT Excluded ROE - Consolidated

  14. Slide 14: Investment Portfolio

    Investment Portfolio Stocks Other 4% 0% In 18Q1; Bonds 9% Dividend from ANHYT 34 mn TRY Investment Income * 172 mn TRY Average Portfolio Income ~ 16,5% Funds 11% * ANHYT dividend excluded. TRY 4,29 bn Deposits 76% Deposits Funds Bonds Stocks Other TRY 4,12 bn at 31.12.2017

  15. Slide 15: THANK YOU...

    THANK YOU... meee 7 24c eee nadolusig

Anadolu Anonim Türk Sigorta Şirketi — Q1 2018 Earnings Presentation on 6ix