Grupo De Inversiones Suramericana S.a. · BVC:GRUPOSURA
Grupo De Inversiones Suramericana — Q1 2017 Earnings Presentation
26 slides from Grupo De Inversiones Suramericana's earnings presentation, 2017
Slide 1: Results Presentation 1Q 2017
Results Presentation 1Q 2017
Slide 2: Disclaimer
DISCLAIMER The forward-looking statements contained herein are based on Management’s current forecasts and outlook For better illustration and decision-making, figures for Suramericana, SURA Asset Management and its subsidiaries are administrative rather than accountant, and therefore may differ fro
Slide 3: Agenda
AGENDA Results Presentation GRUPO SURA CONSOLIDATED RESULTS SURA ASEGURAMIENTO, TENDENCIAS Y RIESGOS SURAMERICANA S.A INSURANCE AND RISK MANAGEMENT SURA ASSET MANAGEMENT PENSIONS, SAVINGS AND ASSET MANAGEMET
Slide 4: Grupo SURA Consolidated Results 1Q
GRUPO SURA CONSOLIDATED RESULTS 1Q Panama
Slide 5: Statement of Financial Position Consolidated
STATEMENT OF FINANCIAL POSITION CONSOLIDATED 67,817,041 68,653,487 ASSETS SHAREHOLDER’S EQUITY 42,421,214 43,568,631 LIABILITIES 25,395,827 25,084,856 2016 2016 2017 2017 ASSETS mar-17 Var. $MM % Change Investments 26,847,907 649,665 2.5% dec-16 67,817,041 Investments in related companies 17,840,664
Slide 6: Statement of Financial Position Consolidated: Liabilities and Equity
STATEMENT OF FINANCIAL POSITION CONSOLIDATED LIABILITIES TOTAL SHAREHOLDER’S EQUITY dec-16 42,421,214 dec-16 25,395,827 + 1,147,417 2.7% -310,972 -1.2% mar-17 43,568,631 mar-17 25,084,856 0.0 70 , 00 0,000.0 0.0 10 , 00 0,000.0 20 , 00 0,000.0 30 , 00 0,000.0 40 , 00 0,000.0 50 , 00 0,000.0 60 , 00
Slide 7: Statement of Financial Position: Debt
STATEMENT OF FINANCIAL POSITION DEBT UNCONSOLIDATED FINANCIAL LIABILITIES USD COP 31.1% 68.9% Grupo SURA’s unconsolidated Financial Debt: DEBT COP 5.1 Trillion* EXPOSURE TO CURRENCIES*** Grupo SURA’s unconsolidated Cash: COP 1.12 Trillion** Preferred Dividends Repos CONSOLIDATED FINANCIAL LIABILITIE
Slide 8: Statement of Comprehensive Income Consolidated
STATEMENT OF COMPREHENSIVE INCOME CONSOLIDATED mar-17 Var. $ %Var % / Revenues Retained premiums (net) 2,801,818 829,132 42.0% 56.0% mar-16 3,949,945 Revenues on services rendered 643,940 85,760 15.4% 12.9% TOTAL + 1,053,803 Investment income 609,184 198,278 48.3% 12.2% REVENUES 26.7% Commission inc
Slide 9: Statement of Comprehensive Income Consolidated: Net Income
STATEMENT OF COMPREHENSIVE INCOME CONSOLIDATED Grupo SURA and Other* 38,728 44,668 Net Income without Fx 506,765 Impact and Non Recurring 54,618 Expenses+28%: Fx Impact** (26,038) 405,487 (+) (167,315) (27,044) (18,896) DIAN Provision Net Income ∆ Net Income ∆ Net Income ∆ GS Fx GS Equity GS Admin.
Slide 10: Stock Evolution
STOCK EVOLUTION 110 105 102.20 100 97.94 95 97.45 90 85 80 75 70 Mar-16 May-16 Jul-16 Sep-16 Nov-16 Jan-17 Mar-17 PFGRUPSURA GRUPOSURA COLCAP 31-mar-17 % Annual Var* % YTD Var* GRUPOSURA (Pesos) 39,080 -2.1% 2.3% 855 International Funds with PFGRUPSURA (Pesos) 38,200 -2.6% 3.2% 21.8% of total shares
Slide 11: Investment Portfolio
INVESTMENT PORTFOLIO Grupo Argos Other Bancolombia 19.0% 0.5% 25.3% Financial Services 24.4 COP Grupo Nutresa 64.5% 16.1% BILLION* DECEMBER 2016 Sura Asset Suramericana Management 13.0% 26.1% Values calculated with stakes as of march 31st 2017 Including their commercial value pursuant to accountant
Slide 12: Suramericana S.A. Consolidated Results 1Q
SURA ASEGURAMIENTO, TENDENCIAS Y RIESGOS SURAMERICANA S.A CONSOLIDATED RESULTS 1Q Bogotá
Slide 13: Suramericana Highlights and Key Figures
SURA ASEGURAMIENTO, TENDENCIAS Y RIESGOS SURAMERICANA S.A HIGHLIGHTS AND KEY FIGURES % OF WRITTEN PREMIUMS • Consolidated regional platform in 9 countries and 45% of premiums written outside ARL (worker s Other Life Colombia. comp) 1.6% Auto 10.5% 23.3% • Positive advance in the integration of opera
Slide 14: Suramericana Consolidated Figures
SURA ASEGURAMIENTO, TENDENCIAS Y RIESGOS SURAMERICANA S.A CONSOLIDATED FIGURES mar-17 Var. $ %Var mar-16 2,118,226 Retained premiums (net) 2,189,314 915,809 71.9% + 1,131,478 Revenues on services rendered 603,131 86,571 16.8% 53.4% Investment income 302,967 71,815 31.1% TOTAL REVENUES Commission inc
Slide 15: Segments Main Figures: Life
SEGMENTS MAIN FIGURES Premiums Retained Claims Ratio mar-17 %Var mar-17 mar-16 LIFE Life 133,212 14.3% 26.5% 30.6% Group Life 171,757 24.8% 36.5% 41.4% 134,916 Pension 158,931 9.6% 114.1% 97.4% Health 241,963 15.3% 66.3% 59.2% ARL (workers comp)265,067 17.6% 59.1% 54.4% Other 40,189 2.2% 108.8% 129.
Slide 16: Segments Main Figures: Non-Life
SEGMENTS MAIN FIGURES Premiums Retained Claims Ratio NON - LIFE mar-17 %Var mar-17 mar-16 Auto 591,709 133.7% 64.4% 69.7% 776,488 Fire 251,900 238.2% 47.1% 41.8% SOAT 91,571 3.8% 66.2% 54.2% Other 589,100 241.5% 35.8% 35.7% Total 1,524,280 159.1% 52.9% 58.6% (369,599) Other 38.6% Auto 38.8% (477,555
Slide 17: Segments Main Figures: Health Care
SEGMENTS MAIN FIGURES HEALTH CARE 110,921 Services rendered Claims Ratio mar-17 %Var mar-17 dec-15 EPS 558,275 17.6% 93.8% 92.8% IPS 108,529 26.1% Dinámica 51,253 10.4% Total 718,057 18.3% 9,426 5,313 (1,280) (101,487) (2,915) (1,125) 1Q16 Net Invstmt. Rev. Costs Svcs. Operating Other 1Q17 Net Incom
Slide 18: SURA Asset Management Consolidated Results 1Q
SURA ASSET MANAGEMENT CONSOLIDATED RESULTS 1Q Santiago de Chile
Slide 19: SURA Asset Management Highlights
SURA ASSET MANAGEMENT HIGHLIGHTS AUM (COP billion) Diversified Net Operating Income* 356,100 Colombia* 340,122 309,933 40,732 Uruguay 5.3% 287,546 39,511 3.0% 248,159 33,103 Total AUM +COP 15.9 Tn YTD 28,270 214,296 23,037 +COP 28.6 Tn LTM Perú Chile 15,510 20.1% 40.2% Voluntary +COP 1.2 Tn YTD (+21
Slide 20: SURA Asset Management Consolidated Figures
SURA ASSET MANAGEMENT CONSOLIDATED FIGURES mar-17 Var. $ % Change % /Revenue mar-16 1,436,881 Retained premiums (net) 613,208 (86,564) -12.4% 40.6% + 72,370 Commission income 457,664 (27,170) -5.6% 30.3% 5.0% Investment income 387,871 183,152 89.5% 25.7% TOTAL Revenues via equity method 40,657 13,01
Slide 21: Mandatory Pension Market Figures
MANDATORY PENSION MARKET FIGURES ASSETS UNDER MANAGEMENT FUND MEMBERSHIP (MM) 8.4% 0.5% 8.2% 19.4% 15.0% 4.4% 8.2% 10.3% 12.6% 9.3% 11.5% 15.0% 8.5% 11.7% -2.4% 16.7% -0.4% 0.8% 3.9% 4.7% 7.8% 315.4 291.6 15.99 17.24 103.3 95.3 66.2 77.0 6.35 7.42 65.8 49.1 67.0 4.08 4.24 45.3 12.9 2.01 2.00 1.471.5
Slide 22: Mandatory Pension Main Figures
MANDATORY PENSION MAIN FIGURES COMMISSION INCOME RETURN ON ENCAJE -1.0% -13.9% -7.3% 7.9% -7.2% 11239.7% 442.6% 434.2% -13.0% 1119.2% 2.9% 7.9% -1.7% 8.3% 3.8% 11683.2% 579.9% 466.4% -12.6% 1268.9% 443,447 80,419 411,341 54,317 147,906 176,353 151,856 149,430 100,992 93,586 16,328 17,993 8,445 6,596
Slide 23: Voluntary Savings Segment Market Figures
VOLUNTARY SAVINGS SEGMENT MARKET FIGURES ASSETS UNDER MANAGEMENT (COP Billions) CLIENTS (THOUSANDS) 11.5% 10.6% 48.6% 219.3% 16.5% 15.4% 13.5% 23.8% 50.1% 198.3% 16.5% 21.1% 6.8% 28.2% 18.4% 84.6% 12.3% 13.7% 30.3 970 26.3 854 11.2 412 9.8 10.1 385 302 8.8 269 5.4 6.3 200 156 2.7 1.8 0.3 35 42 8 15
Slide 24: Voluntary Savings Segment Main Figures
VOLUNTARY SAVINGS SEGMENT MAIN FIGURES COMMISSION INCOME NET PREMIUMS WITH SAVINGS 1.4% 14.5% 27.9% 139.6% 0.0% 14.0% 16.9% 1082.7% 14.0% 18.8% 5.4% 43.5% 35.6% 140.5% 0.0% 27.3% 21.5% 1381.8% 20.9% 23.7% 46,009 255,440 40,358 233,253 215,001 199,564 21,489 21,193 18,493 16,145 2,732 3,493 288 691 0
Slide 25: Insurance Segment Main Figures
INSURANCE SEGMENT MAIN FIGURES TOTAL PREMIUMS ADJUSTMENTS TO RESERVES -27.7% -11.8% -40.1% -26.2% -31.6% 11.9% -52.1% -25.8% -24.8% 10.5% -36.5% -19.8% -28.9% 40.2% -49.1% -19.6% 484,771 357,768 284,089 205,417 Chile México Perú Total -72,509 -34,766 113,609 100,238 -90,781 -101,603 87,073 52,113 -1
Slide 26: Investor Relations Contacts
CEO: DAVID BOJANINI CFO: RICARDO JARAMILLO IR MD: JUAN CARLOS GOMEZ IR Specialist: ANDRES ZULUAGA E-mail: ir@gruposura.com.co Phone: (574) 3197039 www.gruposura.com.co GRUPO SURA App Para dispositivos móvil (App Store – Google Play)
Grupo de Inversiones Suramericana — Q1 2017 Earnings Presentation on 6ix