STRATEGIC PLAN of the SAVA RE GROUP for the period
|
|
- Baldric McCoy
- 5 years ago
- Views:
Transcription
1 STRATEGIC PLAN of the SAVA RE GROUP for the period
2 #NEVER ALONE WE ARE CREATING A MODERN, DIGITAL, SOCIALLY-AND SUSTAINABLE- ORIENTED INSURANCE GROUP.
3 SCOPE OF STRATEGY ON THE GROUP LEVEL SAVA RE GROUP INTEGRAL RISK MANAGEMENT INSURANCE OPERATIONS REINSURANCE OPERATIONS ASSET MANAGEMENT CAPITAL GROWTH AND USE BUSINESS SUPPORT ACTIVITIES Long-term focus
4 CHIEF DIRECTIONS FOR THE PERIOD DIGITALISATION AND TECHNOLOGICAL MODERNISATION of operations to place the client in the centre GROWTH THROUGH ACQUISITIONS SEEKING OPPORTUNITIES in environmental/sustainable-oriented investment projects CLOSING THE GAP between intrinsic value and market price of shares
5 KEY TARGETS DIRECTION AS PER RISK STRATEGY RETURN ON EQUITY 10.4% (+/- 0.5 p.p.) SOLVENCY RATIO: between 170% and 230% (between the lower limit of the optimal range and the upper limit of the adequate range of capital) COMBINED RATIO, non-life: < 95% COMBINED RATIO, reinsurance: < 93% PROFITABILITY OF NEW LIFE POLICIES: > 5% Slovenia > 2.5% other markets
6 GROSS PREMIUMS WRITTEN BY OPERATING SEGMENT STRUCTURE : GOALS 2016 Long-term focus 19% 12% Reinsurance operations Insurance operations, Western Balkans 20% 20% 69% Insurance operations, Slovenia 55% Other* 5% *The "other" item includes health, assistance and pension business
7 GROSS PREMIUMS WRITTEN BY OPERATING SEGMENT STRUCTURE : GOALS Gross premiums written by operating segment Structural change: 2019 plan vs (p.p.) 490 million 514 million 100.0% 90.0% 80.0% 70.0% 60.0% 1.3% 1.7% 16.3% 12.7% 11.2% 14.3% Life international Life Slovenija Non-life international Life international Life Slovenija 50.0% 40.0% 52.2% 50.4% Non-life Slovenia Non-life international % 20.0% 10.0% 0.0% 18.9% 20.8% Reinsurance -1.7 Reinsurance Non-life Slovenia Plan
8 SCOPE OF STRATEGY ON THE GROUP LEVEL SAVA RE GROUP INTEGRAL RISK MANAGEMENT INSURANCE OPERATIONS BUSINESS SUPPORT ACTIVITIES Long-term focus
9 INSURANCE OPERATIONS CLIENT IN THE CENTRE CLIENT : GOALS NEEDS ACCESSIBILITY SATISFACTION Developing products tailored to client's needs (e.g. assistance services in addition to insurance) Multi-channel approach (clients opt for their favoured channel) Measuring client satisfaction using acknowledged methods TRANSPARENCY Providing clients with an insight into the processing of business PERCEPTION Strengthening brand recognition
10 INSURANCE OPERATIONS DIGITALISATION DIGITALISATION : GOALS ONLINE Setting up online policy sales and claims reporting COMPREHENSIVE INNOVATION CONNECTION Setting up a new service centre with a comprehensive customer relationship management tool (CRM) Developing innovative services and IT-supported products Providing additional support to clients (assistance companies and call centres for home, motor and medical assistance and other services)
11 INSURANCE OPERATIONS ORGANIC GROWTH GROWTH : GOALS Premiums and growth plan 2019 vs by insurance market -1% year growth (plan 2019 / 2016) % +34% +23% -3% +37% million Slovenia million Serbia Croatia Macedonia Montenegro Kosovo Plan 2019
12 INSURANCE OPERATIONS STRUCTURAL MOVEMENTS STRUCTURE : GOALS SLOVENIA GPW by class of business Structural change: 2019 plan vs 2016 (p.p.) 336 million 332 million % 90.0 % 80.0 % 4.9% 19.2% 17.4% 5.6% Personal insurance Life insurance Personal insurance % 60.0 % 50.0 % 33.5% 33.8% Other non-life insurance -1.8 Life insurance 40.0 % 30.0 % 20.0 % 42.4% 43.2% Motor insurance Other non-life insurance % 0.0 % Motor insurance Plan
13 INSURANCE OPERATIONS STRUCTURAL MOVEMENTS STRUCTURE : GOALS INTERNATIONAL GPW by class of business Structural change: 2019 plan vs (p.p.) 61 million 74 million % 90.0 % 80.0 % 70.0 % 60.0 % 4.2% 4.6% 10.4% 11.8% 21.7% 25.3% Personal insurance Life insurance Other non-life insurance Personal insurance Life insurance % 40.0 % 30.0 % 20.0 % 63.7% 58.3% Motor insurance Other non-life insurance % 0.0 % -5.3 Motor insurance 2016 Plan
14 INSURANCE OPERATIONS SYNERGISTIC EFFECTS IN THE EU SYNERGIES : GOALS Realisation of synergies by year Savings in 2019 and beyond each year: > 6 million million cost synergy product synergy one-off expenses for the realisation of synergies
15 INSURANCE OPERATIONS PENSION INSURANCE PENSION : GOALS GROWTH M&A SALES SYNERGY Strengthening market share in Slovenia with organic growth: the aim is to increase the market share in terms of the number of insured persons per p.p. Seeking opportunities for companies / portfolios in Slovenia and the Balkans Expansion of sales channels (bancassurance and the Internet) and enhanced communication with policyholders Use of marketing and sales synergies in the group ANNUITIES Increase in market share in annuity business, also through the acquisition of policyholders from other pension companies
16 SCOPE OF STRATEGY ON THE GROUP LEVEL SAVA RE GROUP INTEGRAL RISK MANAGEMENT REINSURANCE OPERATIONS BUSINESS SUPPORT ACTIVITIES Long-term focus
17 REINSURANCE OPERATIONS LONG-TERM PARTNER PARTNERS : GOALS TRUST Nurturing long-term partnerships NEW MARKETS Gradual entry into new markets PROFITABILITY Writing reinsurance contracts that ensure the achievement of the target rate of return in the long term
18 REINSURANCE OPERATIONS ORGANIC GROWTH GROWTH : GOALS Premiums by UWY and premium growth by region, incl. growth rate (extra-group) 3-year growth (2019 plan vs. 2016) % +15% % +10% +385% +1% +44% +122% +21% Asia EU members Non-EU members Russia and CIS Australia and Oceania Middle East Africa Latin America Other EPI 2016 Plan 2019
19 SCOPE OF STRATEGY ON THE GROUP LEVEL SAVA RE GROUP INTEGRAL RISK MANAGEMENT ASSET MANAGEMENT BUSINESS SUPPORT ACTIVITIES Long-term focus
20 ASSET MANAGEMENT RISK PROFILE MANAGEMENT : GOALS HIGH SECURITY LIQUIDITY DIVERSIFICATION ALM Ensuring funds to meet all obligations arising out of insurance contracts Maintaining sufficient liquidity for the timely settlement of obligations under insurance contracts as well as other obligations Ensuring diversification of investments by class, industry, region and issuer, in order to maintain a set level of risk Pursuing optimal asset and liability matching, especially in life insurance registers
21 ASSET MANAGEMENT PROFITABILITY MANAGEMENT : CILJI RATE OF RETURN STRUCTURE OPTIMISATION MACHINE LEARNING ESG Maintaining a rate of return of around 2% despite low interest rates Increase in the proportion of investment property and alternative investments (infrastructure projects) in place of government bonds Improved portfolio optimisation model with an emphasis on proper calibration and a link to the capital model Development of an internal predictive model for active management and tactical decision making Focus on environmentally and socially responsible investments while maintaining target return
22 SCOPE OF STRATEGY ON THE GROUP LEVEL SAVA RE GROUP INTEGRAL RISK MANAGEMENT CAPITAL GROWTH AND USE BUSINESS SUPPORT ACTIVITIES Long-term focus
23 CAPITAL GROWTH AND USE USE OF CAPITAL : GOALS REGION PENSIONS ANCILLARY SERVICES HEALTH BUSINESS START-UPS OTHER EU MARKETS Strengthening the position in the Western Balkan markets (e.g. Serbia, Croatia) Strengthening the position in Slovenia; entering foreign markets Companies that could take the client-insurer relation to a higher level Companies associated with the provision of health services, health insurers, medical centres Looking for growth opportunities through newly established companies that offer innovative solutions / customer service Entering other emerging EU markets
SAVA RE GROUP PRESENTATION 7. FEBRUAR 2018
SAVA RE GROUP PRESENTATION a 7. FEBRUAR 2018 CONTENTS Overview Sava Re Group Results Estimate 2017 and Plan 2018 Strategy 2017-2019 1-9/2017 Results and Investment portfolio CONTENTS Overview Business
More informationBusiness Plan of Triglav Group for 2018
Business Plan of Triglav Group for 2018 Ljubljana, December 2017 1 1. BUSINESS PLAN OF THE TRIGLAV GROUP FOR 2018 1.1. Starting points The basis for drafting the Triglav Group Business Plan for 2018 are
More informationequity story 2017 Helvetia Group
equity story 2017 Helvetia Holding AG Helvetia Schweizerische Versicherungsgesellschaft AG Helvetia Schweizerische Lebensversicherungsgesellschaft AG Your Swiss Insurer. Helvetia creates sustained value.
More informationInsurance Asset Management
Insurance Asset Management September 2017 For professional investors only. Not suitable for retail clients Insurance Asset Management is a hub of expertise within Schroders, connecting insurance clients
More informationHelvetia Group Helvea Swiss Equities Conference 2016
Ihre Schweizer Versicherung. Helvetia Group Helvea Swiss Equities Conference 2016 14 January 2016 Photo: Gerry Nitsch, Zurich Pipilotti Rist Aufgeweckter Rosenscheitel, 2014 Who we are Helvetia has a history
More informationNon-Performing Loans in CESEE
Non-Performing Loans in CESEE Vienna, September 23, 2014 James Roaf Senior Resident Representative IMF Regional Office for Central and Eastern Europe, Warsaw High NPLs ratios need to be addressed Boom-bust
More information2007 Results Presentation
2007 Results Presentation Media Presentation 21 February 2008 Overview 2 Groupama, Profitable Long-term Growth Jean-Luc Baucherel 2007, The Year Our Growth Strategy Took Shape Jean Azéma Faster International
More informationRisk and investment management
Risk and investment management Risk management Comprehensive risk management is a top priority and integral to the way Helvetia Group man ages its business. This is particularly the case in light of the
More informationGorenje Group Presentation
Gorenje Group Presentation Velenje, Slovenia One of Leading European Manufacturers of Products for Home 2 NUMBER OF EMPLOYEES 10,617 CONSOLIDATED REVENUE EUR 1.225 billion CORE BUSINESS Products and services
More informationAllianz in growth markets
Helmut Perlet Allianz in growth markets UBS Global Insurance Conference London, June 25th, 2009 Agenda 1 Allianz at a glance 2 Financial crisis thoughts 3 Allianz in growth markets 2 Key figures 2008 Split
More informationDEVELOPMENT AID AT A GLANCE
DEVELOPMENT AID AT A GLANCE STATISTICS BY REGION 5. EUROPE 6 edition 5.. ODA TO EUROPE - SUMMARY 5... Top ODA receipts by recipient USD million, net disbursements in 5... Trends in ODA Turkey % Ukraine
More informationSAVA RE D.D.
29 th November 2013 SAVA RE D.D. www.sava-re.si Reinsurance LJSE ticker: POSR Bloomberg: POSR SV 10 Target price: 10.1 EUR Previous target price: 10.1 EUR, BUY (30.08.2013) Recommendation: BUY 9 8 7 6
More informationTask 2: Strengthen the regional capacity and cooperation towards data and knowledge sharing on risks.)
LED BY UNISDR Task 1: Enhance the regional institutional capacity and coordination with respect to disaster risk reduction (DRR) and adaptation to climate change. Background: Building disaster prevention
More informationBusiness Plan Growth, Investments, Profitability. 19 September 2014
2014-2017 Business Plan Growth, Investments, Profitability 19 September 2014 Disclaimer This document was prepared by Società Cattolica di Assicurazione Società Cooperativa ( Cattolica or the Company )
More informationCompany Profile. Generali CEE edition. generali.com MAY 2017
Company Profile generali.com Generali CEE edition MAY 2017 Generali Group at a glance 2 One of the leading insurers in the world more than 60 countries in the world 55 million customers 74,000 employees
More informationWorking with the European Bank for Reconstruction and Development. Matti Hyyrynen 15 th March 2018
Working with the European Bank for Reconstruction and Development Matti Hyyrynen 15 th March 2018 EBRD Introduction An international financial institution supporting the development of sustainable well-functioning
More informationSAVA RE GROUP 1-9/2016 RESULTS 5. DECEMBER 2016
SAVA RE GROUP 1-9/2016 RESULTS 5. DECEMBER 2016 a CONTENTS Overview Sava Re Group Results Sava Re Group Results by Segment Financial Position of the Sava Re Group Annual and Strategic Plan OVERVIEW Sava
More informationSava Re Group unaudited results and 2019 plan 8 March 2019
Saa Re Group 2018 unaudited results and 2019 plan 8 March 2019 a 2018 unaudited results Highlights of 2018 Premium growth of 6%, growth in operating reenues of 10% Record profit of 43 million and 13,1%
More informationADRIA REGION HOME MARKETS OF THE TRIGLAV GROUP
ADRIA REGION HOME MARKETS OF THE TRIGLAV GROUP Mr. Andrej Slapar President of the Management Board East Capital Summit, Belgrade, June 2014 TRIGLAV GROUP Key Features Position The leading insurance/financial
More informationFormulation of the Long-Term Vision and Medium-Term Management Policy. Aiming at further development of management for corporate value enhancement
FOR IMMEDIATE RELEASE February 9, 2016 Company Name: Asahi Group Holdings, Ltd. Representative Name: Naoki Izumiya, President and Representative Director, CEO Securities Code: 2502 Stock Listings: Tokyo
More informationSolvency regulation in EU and US
Solvency regulation in EU and US A comparison of impacts to ERM A presentation to Casualty Loss Reserving Seminar by Alessandro Santoni September 17, 2013 2013 Towers Watson. All rights reserved. As companies
More informationTRIGLAV GROUP INVESTOR PRESENTATION. September 2013
TRIGLAV GROUP INVESTOR PRESENTATION September 2013 TRIGLAV GROUP Key Features Core business Insurance Third-party asset management Triglav Group Parent company Zavarovalnica Triglav, d.d. 38 subsidiaries
More informationPresentation of the Gorenje Group.
Presentation of the Gorenje Group 1 One of Leading European Manufacturers of Products for Home 2 CORE BUSINESS Products and services for home (MDA, SDA) NUMBER OF EMPLOYEES 11,000 CONSOLIDATED REVENUE
More informationStrategic priorities. Sustainable banking. Inspire and engage our people. A better bank contributing to a better world. Enhance client centricity
banking business operations Compliance Employee health and safety Workforce diversity and Environmental impact inclusion Clients interests centre stage and sustainable relationships Privacy of clients
More informationfür Erste Ihr Group Sanierungsprojekt structured products.
Der Higher praktische return, higher Ratgeber safety. für Erste Ihr Group Sanierungsprojekt bonds and structured products. Dear investors, The markets are continually on the move, and as the past has shown
More informationRetail banking. Section 4.2
Retail banking Section 4.2 Retail banking: CheBanca! profile CheBanca! KPIs Strong funding arm: 13.3bn direct deposits plus 1bn indirect deposits Best Italian online bank in 2012* Scalable and efficient
More informationLife Capital. Thierry Léger, CEO Life Capital Ian Patrick, CFO Life Capital
Life Capital Thierry Léger, CEO Life Capital Ian Patrick, CFO Life Capital Life Capital is performing well in a challenging macro environment Today s agenda Life Capital creates alternative access to attractive
More informationDevelopment of Risk Based Capital Framework in Singapore. Questor Ng, Raymond Cheung Singapore Actuarial Society
Development of Risk Based Capital Framework in Singapore Questor Ng, Raymond Cheung Singapore Actuarial Society History of RBC in Asia Indonesia Taiwan Malaysia Thailand 2000 2003 2004 2009 2011 Singapore
More informationTriglav Group. Investor Presentation. March 2015
Triglav Group Investor Presentation March 2015 Triglav Group Key Figures 2014 Financial Highlights Markets Goals for 2015 Strategy 2013-2017 2 3 About Triglav Group HQ 4 5 Profit by business segments in
More informationTRIGLAV GROUP INVESTOR PRESENTATION. Mr. Benjamin Jošar, Member of the Management Board. April 2014
TRIGLAV GROUP INVESTOR PRESENTATION Mr. Benjamin Jošar, Member of the Management Board April 2014 TRIGLAV GROUP Key Features Core business Insurance Third-party asset management Triglav Group Parent company
More informationTOPDANMARK 2017 RESULT
TOPDANMARK 2017 RESULT Highlights 2017 Post-tax profit: DKK 1,733m (2016: DKK 1,536m) The result for 2017 was better than assumed in the interim report for Q1-Q3 2017 of DKK 1,500-1,600m CR: 82.0 (2016:
More informationINVESTING IN ALBANIA. Ellen Goldstein World Bank Country Director for Southeast Europe. Austrian Federal Economic Chamber Vienna May 12, 2014
INVESTING IN ALBANIA Ellen Goldstein World Bank Country Director for Southeast Europe Austrian Federal Economic Chamber Vienna May 12, 2014 Key Messages Location, labor costs, endowments and reforms make
More informationInsurance: The World to Come
Insurance: The World to Come Prof. Dr. Hato Schmeiser hato.schmeiser@unisg.ch Page 2 Agenda 1. What views about the future did we have in the past? 2. Megatrends within the society 3. Implications for
More informationRUN-OFF AND LEGACY STRATEGIES OPTIONS FOR CHALLENGING TIMES. London Market Run-off Forum October 10, 2018
RUN-OFF AND LEGACY STRATEGIES OPTIONS FOR CHALLENGING TIMES London Market Run-off Forum October 10, 2018 Our insurance world Insurance Industry Shareholders Competitor Policyholders Rating Agencies Insurance
More informationING Challengers & Growth Markets
ING Challengers & Growth Markets Goldman Sachs European Financials Conference Aris Bogdaneris, Head of Challengers & Growth Markets Paris 9 June 2016 Key points Think Forward strategy at work in Challengers
More informationTHE NEED TO ADDRESS FINANCIAL MARKETS DEVELOPMENT IN THE REGION
SOUTH CAUCASUS AND UKRAINE INITIATIVE THE NEED TO ADDRESS FINANCIAL MARKETS DEVELOPMENT IN THE REGION Working Group on Financial Markets Development and Impact of Central Banks 17 November 2009 Warsaw,
More informationThe European insurance industry views on International Capital Standards (ICS) IAIS Observer Hearing 20 October
The European insurance industry views on International Capital Standards (ICS) IAIS Observer Hearing 20 October Contents 1 Who we are 2 3 Key building blocks that the ICS should contain Other key considerations
More informationTRIGLAV GROUP INVESTOR PRESENTATION. December, 2013
TRIGLAV GROUP INVESTOR PRESENTATION December, 2013 TRIGLAV GROUP Key Features Core business Insurance Third-party asset management Triglav Group Parent company Zavarovalnica Triglav, d.d. 38 subsidiaries
More informationEBRD: a finance partner to Small and Medium Enterprises. October 2014
EBRD: a finance partner to Small and Medium Enterprises October 2014 Contents EBRD at a glance The EBRD s Small Business Initiative an integrated approach to SME finance and development Direct Financing
More informationPresentation of the Gorenje Group
Presentation of the Gorenje Group Investor Conference Zagreb, 24 May 2016 One of Leading European Manufacturers of Products for Home 2 NUMBER OF EMPLOYEES 10,617 CONSOLIDATED REVENUE EUR 1.225 billion
More informationDEG We finance opportunities in future markets
DEG We finance opportunities in future markets DEG Deutsche Investitions- und Entwicklungsgesellschaft mbh 18. October 2017 DEG: Deutsche Investitions- und Entwicklungsgesellschaft mbh 2 Part of a strong
More informationI. Summary of consolidated results
I. Summary of consolidated results 1 Net sales increased compared to the previous year due to the increase in Europe and North America and also favorable foreign exchange rates, despite decreases in China.
More informationMTPL overview for Non-EU markets including the transition from statutory to liberalised motor tariffs - the case of Western Balkan countries -
MTPL overview for Non-EU markets including the transition from statutory to liberalised motor tariffs - the case of Western Balkan countries - Klime Poposki Insurance Supervision Agency Republic of Macedonia
More informationChallenges for Revenue Growth and Profitability in a Declining Interest Rate and Low Inflation Environment
Challenges for Revenue Growth and Profitability in a Declining Interest Rate and Low Inflation Environment October 2003 Agenda General results Business Environment Issues Addressed Strategic Focus Cost
More informationAssessing Corporate Governance in Investee Companies
Assessing Corporate Governance in Investee Companies Gian Piero Cigna Principal Counsel, Office of the General Counsel EBRD Third DFI Conference on Corporate Governance Tunis, 20 October 2008 Presentation
More informationFinancial results. Full year ended 30 June Nick Hawkins Chief Financial Officer. Peter Harmer Managing Director and Chief Executive Officer
Financial results Full year ended 30 June 2017 Peter Harmer Managing Director and Chief Executive Officer Nick Hawkins Chief Financial Officer 23 August 2017 Overview Peter Harmer Managing Director and
More informationFDI in Central, East and Southeast Europe: Recovery amid Stabilising Economic Growth
Wiener Institut für Internationale Wirtschaftsvergleiche The Vienna Institute for International Economic Studies www.wiiw.ac.at wiiw FDI Report 217 FDI in Central, East and Southeast Europe: Recovery amid
More informationWestern Balkans and Europe 2020 Supporting Convergence and Growth
Western Balkans and Europe 2020 Supporting Convergence and Growth Regional Coordination Conference, Brussels, March 31, 2011 Panel 2: Infrastructure and Sustainable Growth Marta Szigeti Bonifert, executive
More informationEVN Presentation. EEI Conference London, March 16, 2009
EVN Presentation EEI Conference London, March 16, 2009 EVN s strategy Growth perspectives Financial update and outlook Company profile fact sheet 2007/08 EVN Business areas Countries Employees Revenue
More information1.1. STOXX TOTAL MARKET INDICES
STOXX INDEX LIST A-Z 1. TOTAL MARKET INDICES 1/14 1.1. STOXX TOTAL MARKET INDICES Regional indices STOXX BRIC TMI STOXX Developed and Emerging Markets TMI STOXX Developed Markets TMI STOXX Emerging Markets
More informationEVN - Annual Results 2008/09
EVN - Annual Results 2008/09 Agenda > EVN s strategy > Growth perspectives > Results for 2008/09 2 Company profile fact sheet 2008/09 EVN Business areas Countries Employees Revenue EBITDA EBIT Net results
More informationAsgard Employee Super Account - Ernst & Young
Asgard Employee Super Account - Ernst & Young Part Investment Additional Information Booklet Part Investment Issued: July 7 About this Additional Information Booklet This document is Part of the Additional
More informationPROTECTING WHAT MATTERS.
PROTECTING WHAT MATTERS. June 2018 CORPORATE PRESENTATION OVERVIEW WELCOME TO! We are the leading insurance group in Austria, Central and Eastern Europe. Around 50 Group companies Represented in 25 markets
More informationCOMPANY PRESENTATION. As at April 2018
COMPANY PRESENTATION As at April 2018 STEIERMÄRKISCHE BANK UND SPARKASSEN AG 2 MILESTONES IN OUR HISTORY 3 OWNERSHIP STRUCTURE Steiermärkische Verwaltungssparkasse is the majority owner, at 73.5 %, of
More informationTrends in Global Insurance and Preparing Nigeria for the Global Challenge
FINANCIAL SERVICES Trends in Global Insurance and Preparing Nigeria for the Global Challenge Presentation at the Insurance Future Summit by Kunle Elebute, Partner, KPMG April 2008 ADVISORY AUDIT TAX ADVISORY
More informationATLANTIC GRUPA Company of Added Value
ATLANTIC GRUPA Company of Added Value Maja Barać Adrinek, Head of Investor Relations and Business Development East Capital Summit, Belgrade 04 June 2014 CONTENT BUSINESS OVERVIEW FINANCIAL OVERVIEW STRATEGIC
More information(REGIONALITY + IDENTITY) CUSTOMER PROXIMITY = MULTI-BRAND STRATEGY VISION + CEE = POTENTIAL CAN TRANSPARENCY COMMUNICATION = TRUST COUNT
AUSTRIA + CEE = VIG YOU (SYNERGIES + EXPERTISE) BEST PRACTICE = EFFICIENCY CAN OPPORTUNITIES RISK = SECURITY LOCAL ENTREPRENEURSHIP² = CUSTOMER PROXIMITY BEST PRACTICE = EFFICIENCY HONESTY + INTEGRITY
More informationNN Group and Delta Lloyd agree on recommended transaction. Lard Friese, CEO NN Group Hans van der Noordaa, CEO Delta Lloyd 23 December 2016
NN Group and Delta Lloyd agree on recommended transaction Lard Friese, CEO NN Group Hans van der Noordaa, CEO Delta Lloyd 23 December 2016 Key takeaways 1 2 3 Recommended offer at EUR 5.40 per share and
More informationNPLs in Hungary. a regional perspective. Budapest, March 3, 2015
NPLs in a regional perspective Budapest, March 3, 215 James Roaf Senior Resident Representative IMF Regional Office for Central and Eastern Europe, Warsaw Diverging NPL ratios 2 NPLs as percent of total
More informationTalanx increases its net income for the first half of the year and raises its outlook
Talanx increases its net income for the first half of the year and raises its outlook Gross written premiums increase by 6.9 percent to EUR 17.6 (16.4) billion Net return on investment at 3.7 percent Low
More informationFuture Trends 2017: The Shift Gains Momentum
Future Trends 2017: The Shift Gains Momentum IASA Spring Meeting April 2017 1 People Market Trend: Pressure on insurance industry driving new expectations, innovations and competition Changing customer
More informationSouth East Europe 2020 Strategy IMPLEMENTATION RESULTS A major milestone: WESTERN BALKANS. adds more than JOBS
South East Europe 2020 Strategy IMPLEMENTATION RESULTS 2018 A major milestone: WESTERN BALKANS adds more than JOBS 1 Summary The Western Balkans has returned to the growth path, having added more than
More information1.1. STOXX TOTAL MARKET INDICES
1. BROAD TOTAL MARKET INDICES/BENCHMARK INDICES, EQUAL WEIGHT INDICES 1/15 1.1. STOXX TOTAL MARKET INDICES Regional indices STOXX BRIC TMI STOXX Developed and Emerging Markets TMI STOXX Developed Markets
More information2010 Results. Paris - March 2, 2011
2010 Results Paris - March 2, 2011 > Highlights of 2010 > Financial results > Strategy and outlook 2010 Results 2 2010: A Year of Acceleration Highlights of 2010 Revenue of 3,892m, up 19.1% Operating profit
More informationSee how these companies overcame their auto lending challenges and were able to:
See how these companies overcame their auto lending challenges and were able to: Increase profit by providing prospects with the sophisticated online experiences they expect and communicating through the
More informationESTONIA. A table finally gives full description and precise details of the process step by step (see Table 1).
ENFORCEMENT OF CHARGES SURVEY ESTONIA First set of results are first presented on the basis of summary indicators relating to the amount a debtor could be expected to recover from the general case as described,
More informationReimbursable Advisory Services in Europe and Central Asia (ECA)
Reimbursable Advisory Services in Europe and Central Asia (ECA) Expanding Options for Our Clients: Global Knowledge, Strategy, and Local Solutions REIMBURSABLE ADVISORY SERVICES (RAS): What Are They? RAS
More informationA. General comments. October 27, 2012
AEGON N.V./Transamerica comments on Comparing Certain Aspects of the Insurance Supervisory and Regulatory Regimes in the European Union and the United States October 27, 2012 AEGON appreciates the opportunity
More informationPZU 3.0 Insurance, Investments, Health PZU Group Strategy for
PZU 3.0 Insurance, Investments, Health PZU Group Strategy for 2015-2020 Warsaw, January 28th 2015 External Environment Market trends Historically low interest rate environment Aging society Regulatory
More informationUnited Nations Conference on Trade and Development. World Investment Prospects Survey United Nations
United Nations Conference on Trade and Development World Investment Prospects Survey 2011-2013 United Nations World Investment Prospects Survey 2011 2013 Please return this survey by mail using the enclosed
More informationInternational Comparison Program. Executive Board. Policy Paper No. 2. Procedures for. Publication of Global PPPs and.
Public Disclosure Authorized International Comparison Program Executive Board Public Disclosure Authorized Public Disclosure Authorized Policy Paper No. 2 Procedures for Publication of Global PPPs and
More informationFY2017 Financial. Results. May 9, 2018 MITSUBISHI MOTORS CORPORATION OUTLANDER PHEV
FY2017 Financial Results May 9, 2018 MITSUBISHI MOTORS CORPORATION OUTLANDER PHEV 0 1. FY2017 Full-Year Financial Results Summary 2. FY2017 Full-Year Financial Results Details 3. FY2018 Financial Forecast
More informationFull Year 2007 Results
Analyst & Investor conference call Full Year 2007 Results 2008 February, 21-11:00 AM (CET) Helman le Pas de Sécheval Group CFO Strong 2007 profits 2 2007 Groupama S.A. key figures 3 ( million) 2006 2007
More informationMobile Bank. Countries. Year-on-year EBIT growth. Frankfurt Prime Standard
Consumer loans Business loans Mobile Bank years of profitable growth Active & former customers Countries H1 2018 revenue Year-on-year revenue growth Year-on-year EBIT growth Founded Helsinki 2005 EU Banking
More informationTOPDANMARK H RESULT
TOPDANMARK H1 2018 RESULT Highlights H1 2018 Post-tax profit: DKK 613m (H1 2017: DKK 889m) EPS: DKK 7.1 (H1 2017: DKK 10.4) CR: 85.5 (H1 2017: 81.8) CR excl. run-off: 88.5 (H1 2017: 85.3) Premium growth:
More informationComparing pay trends in the public services and private sector. Labour Research Department 7 June 2018 Brussels
Comparing pay trends in the public services and private sector Labour Research Department 7 June 2018 Brussels Issued to be covered The trends examined The varying patterns over 14 years and the impact
More informationEVN Presentation HSBC, Austrian Companies Conference. London, June 16, 2009
EVN Presentation HSBC, Austrian Companies Conference London, June 16, 2009 Agenda > EVN s strategy > Growth perspectives > Results for the 1 st half-year 2008/09 2 Company profile fact sheet 2007/08 EVN
More informationPerformance of EBRD Private Equity Funds Portfolio to 31 st December 2011
Performance of EBRD Private Equity Funds Portfolio to 31 st December 211 Portfolio Overview EBRD in Private Equity EBRD s portfolio of funds: 2 years of investing in the asset class 137 funds 92 fund managers*
More informationHannover Re - growth opportunities despite the crisis? Ulrich Wallin Chief Executive Officer
Hannover Re - growth opportunities despite the crisis? Ulrich Wallin Chief Executive Officer Commerzbank, German Investment Seminar New York, 1 January 212 HR Group Diversification Cycle mgmt. non-life
More informationSECO Start-up Fund (SSF)
SECO Start-up Fund (SSF) Project Financing in Developing and Transition Countries managed by FINANCEcontact Ltd., Zurich JCC Event November 4, 2014 Update Ukraine 1 Characteristics of the SECO Start-up
More informationWarsaw Stock Exchange Strategy
Warsaw Stock Exchange Strategy 2014-2020 [ Summary ] Warsaw 16.01.2014 The following document has been prepared by WSE ( GPW ) and constitutes its intellectual property. Any coping or publishing thereof
More informationIMPROVING TAX COMPLIANCE. 6th IMF-Japan High-Level Tax Conference For Asian Countries Tokyo; April 7, 2015
IMPROVING TAX COMPLIANCE 6th IMF-Japan High-Level Tax Conference For Asian Countries Tokyo; April 7, 2015 Outline Measurement and trends Some key methods and issues Managing compliance Supporting compliance
More informationBANKING IN CEE: adequate risk appetite crucial to win the upside
BANKING IN CEE: adequate risk appetite crucial to win the upside UniCredit Group CEE Strategic Analysis Vienna, November 9, 2009 Executive Summary 1 World economic growth is recovering and this boosts
More informationAn integrated Bancatakaful model in practice
An integrated Bancatakaful model in practice by Mohd Tarmidzi bin Ahmad Nordin tarmidzi.an@etiqa.com.my International Takaful Summit 2009 The Jumeirah Carlton Hotel, London 1 st and 2 nd July 2009 1 Top
More informationRECENT INTERNATIONAL ACCOUNTING DEVELOPMENTS. Bob Buchanan Dave Finnis Greg Martin
RECENT INTERNATIONAL ACCOUNTING DEVELOPMENTS Bob Buchanan Dave Finnis Greg Martin Structure of Paper Players Projects Issues 2 Players IASB FASB AASB FRC IAIS IAA IAAust 3 IAAust International Accounting
More informationPress release Amstelveen, March 7, 2018
Press release Amstelveen, March 7, 2018 VIVAT Annual Results 2017 Results Reflect Transformation of VIVAT Lower Costs and Strong Improved Combined Ratio P&C Drives Higher Net Underlying Result Net underlying
More informationALTERNATIVE FINANCE MARKET DATA --GLOBAL BENCHMARKING
Cambridge Centre for Alternative Finance ALTERNATIVE FINANCE MARKET DATA --GLOBAL BENCHMARKING RUI HAO (PHD, CQF) RESEARCH ASSOCIATE & DATA SCIENTIST CAMBRIDGE CENTER FOR ALTERNATIVE FINANCE 20 MARCH 2018
More informationThe Instrument for Pre accession. EU Enlargement. Assistance IPA II:
The Instrument for Pre accession EU Enlargement Assistance IPA II: 2014-2020 General framework: a new set of instruments for external action for the period 2014-2020 Commission proposal for next Multi-annual
More informationInvestor Presentation Q3 Results. 12 November 2014
Investor Presentation Q3 Results 12 November 2014 1 Forward-looking statements This presentation contains forward-looking statements, including, but not limited to, the statements and expectations contained
More informationTopdanmark Livsforsikring (life and pensions) Capital Markets Day SAMPO
Topdanmark Livsforsikring (life and pensions) Capital Markets Day SAMPO Agenda 1. The Danish market 2. Business model 3. Strategic challenges 4. Future development 2 1. The Danish market 3 The Danish pension
More information1 Jan 2018 Property & Casualty Treaty Renewals. and guidance update 2017 and 2018
Property & Casualty Treaty Renewals and guidance update 2017 and 2018 Renewals Conference Call Hannover, 7 February 2018 Reinsurance markets Our results Our portfolio Structured reinsurance Outlook 2018
More informationTAX REFORM TO IMPROVE TAX COMPLIANCE
TAX REFORM TO IMPROVE TAX COMPLIANCE Juan Toro IMF s Fiscal Affairs Department -- Assistant Director 7th IMF-Japan High-Level Tax Conference For Asian Countries Tokyo, April 5-7, 2016 Outline Challenges
More informationGlobal Exhibition Barometer 13 th edition (July 2014)
Global Exhibition Barometer 13 th edition A UFI report based on the results of a survey conducted in June among UFI*, SISO**, AFIDA*** & EXSA**** Members (*) Global (**) USA (***) Central & South America
More informationRetail Banking - Building a Growth Machine. By Aris Bogdaneris Board Member RI Group. The Current Environment. Slide 1. Slide 2
Retail Banking Building a Growth Machine By Aris Bogdaneris Board Member RI Group Slide 1 Capital Markets Day, September 2008 The Current Environment Slide 2 Capital Markets Day, September 2008 Investor
More informationSOCIETE GENERALE PREMIUM REVIEW
SOCIETE GENERALE Severin CABANNES, Deputy CEO 3 DECEMBER 2015 DISCLAIMER This presentation contains forward-looking statements relating to the targets and strategies of the Societe Generale Group. These
More informationAlm Brand. Results for Q2 2014
Alm Brand Results for Q2 2014 Morning presentation, Carnegie 22 August 2014 G R O U P Financial highlights of Q2 2014 Pre-tax profit: DKK 173m Outlook raised by DKK 100m Forward-looking activities: Pre-tax
More informationVersion VI. White paper. April White paper Danica version VI. Consolidation policy and business activities. at Danica Pension.
White paper Consolidation policy and business activities at Danica Pension Unaudited Version VI April 2008 April 2008 1 White paper Profit policy and business activities at Danica Pension Contents Page
More informationBusiness Performance & Strategy. Separate Financial Result as of FY
W Business Performance & Strategy Separate Financial Result as of FY 2016. 6 Korean Re Profile 2 Korean Re Key Facts History 1963 : Established as Korean non-life reinsurance corporation (state run company)
More informationAVIVA Solvency and Financial Condition Report ( SFCR )
AVIVA 2016 Solvency and Financial Condition Report ( SFCR ) 2 Disclaimer Cautionary statements: This should be read in conjunction with the documents distributed by Aviva plc (the Company or Aviva ) through
More informationInsight into Topdanmark s strategy and organizational structure
Sampos Analyst Day 17 August 2018 Insight into Topdanmark s strategy and organizational structure CEO Peter Hermann 17. august 2018 Agenda CEO Peter Hermann Strategic initiatives Development - Facts and
More information