Qbe Insurance Group Limited · ASX:QBE

Qbe Insurance — Shareholder Meeting (April 2015)

23 slides from Qbe Insurance's shareholder meeting presentation, Apr 2, 2015

  1. Slide 1: ASX cover letter for AGM presentation slides

    QBE Insurance Group Limited ABN 28 008 485 014 Level 27, 8 Chifley Square, SYDNEY NSW 2000 Australia GPO Box 82, Sydney NSW 2001 telephone + 612 9375 4444 • facsimile + 612 9231 6104 www.qbe.com For personal use only 2 April 2015 The Manager Markets Announcements Office ASX Limited Level 4 Exchange

  2. Slide 2: QBE Insurance Group 2015 Annual General Meeting

    For personal use only QBE Insurance Group 2015 Annual General Meeting Marty Becker  Chairman John Neal  Group Chief Executive Officer Thursday 2 April 2015 All figures in US$ unless otherwise stated 1 

  3. Slide 3: Chairman's address

    For personal use only Chairman’s Chairman’saddress address Marty Becker Marty Becker 2 

  4. Slide 4: Our initiatives through 2014

    Our initiatives through 2014 For personal use only 1. Refresh of the QBE Group Board 2. Strengthen and normalise the balance sheet 3. Stable and predictable earnings 3 

  5. Slide 5: Group Chief Executive Officer address

    For personal use only Chairman’s address Group Chief Executive Officer Marty Becker address John Neal 4 

  6. Slide 6: Contents

    Contents For personal use only 1. 2014 financial performance highlights 2. 2015 outlook 3. Building for the future 5  2015 QBE Group Annual General Meeting

  7. Slide 7: 2014 financial results summary

    2014 financial results summary For personal use only For the year ended 31 December 2013 2014 Change GWP $M 17,975 16,332 9% NEP $M 15,396 14,084 9% Underwriting profit $M 341 547 60% COR % 97.8 96.1 1.7ppt Insurance profit $M 841 1,074 28% Insurance profit to NEP % 5.5 7.6 2.1ppt Cash profit before

  8. Slide 8: Overview of 2014 divisional management results

    Overview of 2014 divisional management results For personal use only Australia & North Emerging (1)Group 2014 New Zealand America Europe Markets Equator Re (statutory) GWP ($M) 4,392 5,310 4,526 2,179 642 16,332 Contribution to Group GWP 27% 32% 28% 13% - 100% GEP ($M) 4,386 5,457 4,805 1,942 764 16

  9. Slide 9: 2015 outlook

    2015 outlook For personal use only Gross written premium $15.5 – 15.9Bn (1) ($16.4 – 16.8Bn in constant currency) Net earned premium $12.6 – 13.0Bn (1) ($13.4 – 13.8Bn in constant currency) Combined operating ratio 94% - 95% (2) (3) Insurance profit margin 8.5% - 10% (2) (3) (1) Premium targets are

  10. Slide 10: Building for the future

    Building for the future For personal use only 9  2015 QBE Group Annual General Meeting

  11. Slide 11: Chairman's address: Formal Business

    For personal use only Chairman’s address Formal Business Marty Becker Marty Becker 10 

  12. Slide 12: 1: Receive annual financial report and reports

    Item 1: For personal use only  To receive and consider the annual financial report and the reports of the directors and of the auditors of the Company for the year ended 31 December 2014 11  2015 QBE Group Annual General Meeting

  13. Slide 13: 2: Adopt the remuneration report

    Item 2: For personal use only  To adopt the remuneration report 12  2015 QBE Group Annual General Meeting

  14. Slide 14: 3: Grant of conditional rights to Group CEO

    Item 3: For personal use only  To approve the grant of conditional rights under the 2015 Long-term Incentive Plan to the Group Chief Executive Officer 13  2015 QBE Group Annual General Meeting

  15. Slide 15: 4: Grant of conditional rights to Group CFO

    Item 4: For personal use only  To approve the grant of conditional rights under the 2015 Long-term Incentive Plan to the Group Chief Financial Officer 14  2015 QBE Group Annual General Meeting

  16. Slide 16: 5: Adopt the new constitution

    Item 5: For personal use only  To adopt the new constitution 15  2015 QBE Group Annual General Meeting

  17. Slide 17: 6: Increase maximum aggregate non-executive director fees

    Item 6: For personal use only  To increase the maximum aggregate fees payable to non-executive directors 16  2015 QBE Group Annual General Meeting

  18. Slide 18: 7a: Elect Mr S C Fitzgerald as a director

    Item 7a: For personal use only  To elect Mr S C Fitzgerald as a director of the Company 17  2015 QBE Group Annual General Meeting

  19. Slide 19: 7b: Elect Sir Brian Pomeroy as a director

    Item 7b: For personal use only  To elect Sir Brian Pomeroy as a director of the Company 18  2015 QBE Group Annual General Meeting

  20. Slide 20: 7c: Elect Mr P C Regan as a director

    Item 7c: For personal use only  To elect Mr P C Regan as a director of the Company 19  2015 QBE Group Annual General Meeting

  21. Slide 21: 7d: Elect Ms J E Skinner as a director

    Item 7d: For personal use only  To elect Ms J E Skinner as a director of the Company 20  2015 QBE Group Annual General Meeting

  22. Slide 22: Thank you

    For personal use only 21  Thank you

  23. Slide 23: Important disclaimer

    Important disclaimer For personal use only This presentation should be read in conjunction with all information which QBE has lodged with the Australian Securities Exchange (“ASX”). Copies of those lodgements are available from either the ASX website www.asx. com.au or QBE’s website www.qbe.com. Pri

QBE Insurance Group — Shareholder Meeting (April 2015) on 6ix