Qualitas Controladora S.a.b. De C.v. · BMV:Q
Qualitas Controladora S.a.b. De C.v — Qualitas Controladra Sab — Q1 2023 Earnings Presentation
8 slides from Qualitas Controladora S.a.b. De C.v's earnings presentation, Apr 24, 2023
Slide 1: Earnings results webcast 1st quarter 2023
Earnings results webcast 1st quarter 2023 April 25th, 2023
Slide 2: Enhanced customer experience
Enhanced customer experience Best value proposition; +16 years as market leaders Largest network, 5 countries, +550 offices, +20,000 agents, +5,600 employees Underwriting discipline & strong financial performance Closeness & personalized service Technology & innovation as part of our DNA 2
Slide 3: Value creation for shareholders
Value creation for shareholders Cash dividend payment of $2 billion MXN, equivalent to $5.0 pesos per share 90% payout ratio Strengthening our corporate structure: • New independent board member • Deputy CEO appointment $600 MM MXN for new share buyback program 3
Slide 4: Outperforming under a challenging part of the cycle
Outperforming under a challenging part of the cycle +25.0% 1Q22 9,796 +19.7% 1Q22 9,291 Written Earned 1Q23 12,241 1Q23 11,117 premiums premiums 6,000 5,000,895 insured units CAGR: 5.9% +5,000 5,000 +4,000 4,000 +3,000 3,000 +2,000 2,000 +1,000 1,000 2 100 0 CAGR of last 5 years 4
Slide 5: Consolidating international footprint
Consolidating internacional footprint QIC QMx QES QCR QP Q*: 3.1% Q*: 92.3% Q*: 0.5% Q*: 2.3% Q*: 0.8% Mkt: NA Mkt: 32.0% Mkt: 7.4% Mkt: 17.0% Mkt: 5.2% Δ%: (28.1%) Δ%: 28.7% Δ%: 54.1% Δ%: 52.0% Δ%: 12.0% LATAM QCR • 100 thousand insured units Q*: 3.6% • #2 at the market, only behind the state-owned
Slide 6: Cost discipline: main enabler to boost results
Cost discipline: main enabler to boost results 95.7% 23.5% 69.4% 2.7% Combined ratio Acquisition ratio Loss ratio Operating ratio Target: 93-95% Target: 22-24% Target: 62-65% Target: 3-4% 1Q23 1Q22 COMPREHENSIVE 91.1% FINANCIAL +184.5% 9.8% Fixed INCOME $981 $345 1Q23 vs 1Q22 ROI Income proportion 1
Slide 7: Ensuring the present, driving the future
Ensuring the present, driving the future QColombia QSalud Fuelling growth of international operation Cash dividend payment Share buyback fund Potential M&As $2 billion pesos ($5 per share) $600 MM pesos ~$40 MM pesos 7
Slide 8: Analysts & IR contacts
Analysts & IR contacts Analyst: Analyst: Analyst: Analyst: Analyst: Gilberto García Rodrigo Ortega Thiago Paura Ernesto Gabilondo Jorge Gordillo E-mail: E-mail: E-mail: E-mail: E-mail: gilberto.garcia@barclays.com r.ortega@bbva.com thiago.paura@btgpactual.com ernesto.gabilondo@bofa.com jgordillo@cib
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