Helvetia Baloise Holding Ag · SIX:HBAN
Helvetia Baloise — Helvetia Group — Helvea Swiss Equities Conference 2016
18 slides from Helvetia Baloise's conference presentation, Jan 14, 2016
Slide 1: Helvetia Group Helvea Swiss Equities Conference 2016
Ihre Schweizer Versicherung. Helvetia Group Helvea Swiss Equities Conference 2016 14 January 2016 Pipilotti Rist Photo: Gerry Nitsch, Zurich Aufgeweckter Rosenscheitel, 2014
Slide 2: Who we are
Who we are Helvetia has a history of over 150 years Helvetia markets generate volume of EUR 531 billion and represent 14.8% of world market.1) Focused on retail and SME customers More than 4.7 mn clients Business volume of Strong position in about CHF 7.8 bn home market Switzerland Focused insurer i
Slide 3: Our business model
Our business model With our 3 business lines we have a diversified portfolio mix 1) For the half-year 2015 2) Specialty Markets includes Marine, Engineering and Art as well as Active Reinsurance 3
Slide 4: Our promise
Our promise “To excel in growth, profitability and customer loyalty” Top quality supplier and solid “Swiss Insurer” Strong service culture: individual, personal, competent Benefit for High-quality proprietary distribution network supported by renown customers cooperation partnerships Solid f
Slide 5: Our distribution network
Our distribution network Helvetia has optimised sales structures focused on country markets Superior customer Overall focus on customer centricity satisfaction & loyalty Strong We focus on the needs of private individuals as well as service small- and medium-sized enterprises culture Focused We
Slide 6: Our shareholder structure
Our shareholder structure We gear our shareholder policy towards long-term investor relationship 4.0% Raiffeisen Switzerland 4.0% Vontobel Group 30.1% Free float Pool members Patria Mutual 61.9% 38.1% Free float1) by investor type Free float1) by geography Other Investors Private individuals institu
Slide 7: Active M&A strategy
Active M&A strategy We have been growing organically and via selected acquisitions Switzerland 2010 2012 2014 Italy 2008 2008/12 2013 Austria 2014 France 2009 2012 7
Slide 8: Acquisitions of Nationale Suisse and Baloise AT
Acquisitions of Nationale Suisse and Baloise AT After the recent acquisitions Helvetia is well positioned ■ Leading Swiss all-lines insurer ■ Improved business mix thanks to doubling non-life business Switzer- ■ Significant cost synergies land ■ New are Credit Life, Accident / Health, the European T
Slide 9: Status Integration
Status Integration Integration is on track - all milestones 2015 have been achieved Group-wide rebranding was completed in December 2015 Non-life product portfolios have been integrated in all country markets by end of December 2015 Legal mergers in Switzerland, Austria and Spain have been com
Slide 10: Status of synergy realisation
Status of synergy realisation We are well on track to reach our synergy targets Target Achievements / Forecast Currently Total HY 2015 FY 2015 FY 2016 FY 2017 After 2017 achieved recurring Synergies (p.a.) 105 to 130 15 13%1) 10-20% 30-60% 70-100% (status 2017) Integration costs -160 to -200 -27 15%
Slide 11: Key figures (1/2)
Key figures (1/2) Key figures show a sound performance even in a challenging environment After tax profit Business volume Our focus (in CHF million) (in CHF million) Profitable growth 6,979 7,477 7,767 4221) 333 364 HY 2015: 221 HY 2015: 5,294 2012 2013 2014 2012 2013 2014 Net combined ratio (NL)
Slide 12: Key figures (2/2)
Key figures (2/2) We provide high solvency and attractive shareholder returns Shareholders' equity1) Solvency I Our focus (in CHF million) (in %) Financial strength 4,963 227 218 216 3,750 3,831 HY 2015: 4,391 HY 2015: 200 2012 2013 2014 2012 2013 2014 Dividend Dividend yield / Payout ratio Our fo
Slide 13: Operational development Non-life
Operational development Non-life Due to disciplined underwriting and cost control we achieve good technical results 95.6% 93.7% 93.6% 93.1% 92.4% 8.0 8.4 9.2 9.1 10.1 ■ Disciplined underwriting strategy 20.5 20.5 21.0 21.6 19.5 ■ Selective underwriting of large risks ■ Portfolio optimisation if nece
Slide 14: Operational development Life
Operational development Life With a good ALM we kept interest margins relatively stable in a challenging environment Switzerland (CHF) 2.62% 2.51% ■ Sustainable balance sheet structure due to 2.42%1) 0.72% efficient asset-liability matching with low 0.73% 0.67% duration gap 1.90% 1.78% 1.75% ■ Limit
Slide 15: Asset allocation
Asset allocation The capital market environment is a challenge for insurance companies and we are shifting the asset portfolio to higher-yield investments Current investment portfolio by asset class Trends & changes Declining share of bonds in favour of investment property and mortgages Increasi
Slide 16: Helvetia ambition 2010 – 2015
Helvetia ambition 2010 – 2015 We are on track to reach our ambition 16
Slide 17: Your Swiss Insurer. Q&A
Your Swiss Insurer. helvetia A Neg
Slide 18: Contact details
Contact details Investor Relations Susanne Tengler Head of Investor Relations Helvetia Group Dufourstr. 40 CH 9001 St. Gallen Telephone: +41 (0)58 280 57 79 Email: susanne.tengler@helvetia.ch Philipp Schüpbach Manager Investor Relations Helvetia Group Dufourstr. 40 CH 9001 St. Gallen Telephone: +41
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