Helvetia Group Helvea Swiss Equities Conference 2016
|
|
- Elisabeth Fleming
- 5 years ago
- Views:
Transcription
1 Ihre Schweizer Versicherung. Helvetia Group Helvea Swiss Equities Conference January 2016 Photo: Gerry Nitsch, Zurich Pipilotti Rist Aufgeweckter Rosenscheitel, 2014
2 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 about CHF 7.8 bn Strong position in home market Switzerland Specialty Markets : Engineering, Marine and Art insurance in Switzerland as well as in markets outside of Europe Strong capitalisation A -Rating Focused insurer in selected European markets 1) Source: sigma 4/2015, Swiss Re 2
3 Our business model With our 3 business lines we have a diversified portfolio mix 1) For the half-year ) Specialty Markets includes Marine, Engineering and Art as well as Active Reinsurance 3
4 Our promise To excel in growth, profitability and customer loyalty Top quality supplier and solid Swiss Insurer Benefit for customers Strong service culture: individual, personal, competent High-quality proprietary distribution network supported by renown cooperation partnerships Solid financial position reliable partner for our customers Brand promise: tailor-made, fair and reliable Reliable dividend payer generating attractive returns Benefit for shareholders State of the art risk management together with a sustainable investment policy resulting in low earnings volatility Continuous and sustained growth through a combination of operating in selected markets and a profitable product portfolio Focus on long-term investor relationships and stable core shareholders 4
5 Our distribution network Helvetia has optimised sales structures focused on country markets Overall focus on customer centricity We focus on the needs of private individuals as well as small- and medium-sized enterprises We consistently centre our product development and sales efforts on the needs of our customers Strong service culture Superior customer satisfaction & loyalty Focused product development Our decentralised and flexible organisation enables us to react quickly to shifts in demand Multi-channeling approach First-class distribution network Our distribution partners Strong tied agents network Successful online distribution channel smile.direct High-quality broker relations Exclusive and renown cooperation partners Strong cross-selling potential (life / non-life) 5
6 Our shareholder structure We gear our shareholder policy towards long-term investor relationship 4.0% Raiffeisen Switzerland 4.0% Vontobel Group Free float Pool members 30.1% Patria Mutual 61.9% 38.1% Free float 1) by investor type Free float 1) by geography Private individuals Banks and insurers 27.2% 54.9% Other institutional investors Investors based abroad 37.0% 63.0% Swiss investors 17.9% 1) As at 30/09/2015 and without dispo position 6
7 Active M&A strategy We have been growing organically and via selected acquisitions Switzerland Italy / Austria 2014 France
8 Acquisitions of Nationale Suisse and Baloise AT After the recent acquisitions Helvetia is well positioned Switzerland Europe Specialty Markets Leading Swiss all-lines insurer Improved business mix thanks to doubling non-life business Significant cost synergies New are Credit Life, Accident / Health, the European Travel Insurance and art insurance, additional customer access through smile.direct Welcome strengthening in DE, AT, ES and IT Economies of scale, comparable business mix Cross-selling potential between life insurance and Specialty Lines 1) Top positioned as marine insurer in Switzerland and France, strong foothold in engineering Selective growth potential in Asia and South America Proven global risk diversification of active reinsurance New Helvetia with great value leverage Potential for substantial dividend increases through cost synergies (CHF mn) and earnings increase in the non-life business 1) Marine, Engineering and Art 8
9 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 completed; the German and Italian entities will be merged according to plan in 2016 Synergies are progressing well and might exceed expectations for 2015, integration costs in line with synergies 9
10 Status of synergy realisation We are well on track to reach our synergy targets Target Total HY 2015 Currently achieved Achievements / Forecast FY 2015 FY 2016 FY 2017 After 2017 Synergies (p.a.) 105 to % 1) 10-20% 30-60% % recurring (status 2017) Integration costs -160 to % 1) 30-40% 10-20% 0-10% none Financing costs (p.a.) % recurring Amortisation of % none intangible assets Additional amortisation slightly % of bonds to par decreasing 2) Realised synergies as of 30 June 2015 (in CHF million) 15 Non-personnel costs 6 Personnel costs 9 9 As of 30 June 2015, CHF 15 million of synergies have been realised on track to reach target Efficiency gains were realised by: reduction of structural redundancies (by not replacing resigning employees) other cost savings through elimination of redundancies (e.g. in IT, marketing, logistics, corporate) Realised synergies Expected synergies 1) Integration costs amount to CHF 27 million 1) Based on the mean target value; basis half-year 10
11 Key figures (1/2) Key figures show a sound performance even in a challenging environment After tax profit (in CHF million) Business volume (in CHF million) Our focus Profitable growth ) 6,979 7,477 7,767 HY 2015: 221 HY 2015: 5, Net combined ratio (NL) (in %) HY 2015: 92.4 Value of new business (L) (in CHF million) 53 HY 2015: Our focus Strong technical results Profitability and efficiency enhancement ) Underlying earnings
12 Key figures (2/2) We provide high solvency and attractive shareholder returns Shareholders' equity 1) Solvency I Our focus (in CHF million) (in %) Financial strength 3,750 3,831 4, HY 2015: 4,391 HY 2015: Dividend (per share in CHF) Dividend yield / Payout ratio (in %) 4.9% 3.9% 3.8% Our focus Sustainable dividend policy % 43% 44% 2) ) Excl. preferred securities 2) In percent of underlying earnings 12
13 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% Disciplined underwriting strategy Selective underwriting of large risks Portfolio optimisation if necessary Combined Ratio < 95% on average HY 2015 Claims ratio Acquisition cost ratio Administration cost ratio 13
14 Operational development Life With a good ALM we kept interest margins relatively stable in a challenging environment Switzerland (CHF) Sustainable balance sheet structure due to efficient asset-liability matching with low duration gap Limited long-term liabilities within our Swiss group pension business Individual Life: focus on modern capital light products (investment linked) or interest rate guaranteed by external partner New business with lower interest guarantees In addition: stable risk gains and improved cost margin 1) Not taking into account the effect of the revaluation of bonds at fair value (-0.07% pts) 2) Not taking into account the effect of the revaluation of bonds at fair value (-0.09% pts) 2.62% 2.51% 2.42% 1) 0.72% 0.88% 2.44 % 0.73% 0.67% 1.90% 1.78% 1.75% HY 2015 Europe (EUR)* 3.32% 3.01% 0.67% 2.34 % 2.80% 2) 0.53% 2.27 % HY 2015 Margin Average interest rate Helvetia has to generate in order to meet its obligations *Without Belgium 14
15 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 Increasing investment into USD bonds attributable to build-up of BBB corporate portfolio negative yield on CHF bonds Both US corporate and sovereign bonds yield higher than comparable CHF bonds. However, investment in US bonds causes higher hedging costs 15
16 Helvetia ambition We are on track to reach our ambition 16
17 Your Swiss Insurer. Q&A
18 Contact details Investor Relations Susanne Tengler Head of Investor Relations Helvetia Group Dufourstr. 40 CH 9001 St. Gallen Telephone: +41 (0) Philipp Schüpbach Manager Investor Relations Helvetia Group Dufourstr. 40 CH 9001 St. Gallen Telephone: +41 (0)
Baader Helvea Swiss Equities Conference
Your Swiss Insurer. Helvetia Group Baader Helvea Swiss Equities Conference Paul Norton, CFO 12 January 2017 Disclaimer Disclaimer: NEITHER THIS DOCUMENT NOR ANY PART OR COPY OF IT NOR THE INFORMATION CONTAINED
More informationUBS Best of Switzerland Conference
Your Swiss Insurer. Helvetia Group UBS Best of Switzerland Conference Paul Norton, CFO Ermatingen, 15 September 2016 Disclaimer Disclaimer: NEITHER THIS DOCUMENT NOR ANY PART OR COPY OF IT NOR THE INFORMATION
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 informationFirst semester. Letter to Shareholders Your Swiss insurer.
First semester Letter to Shareholders 2016 Your Swiss insurer. 30.6.2016 31.12.2015 30.6.2015 Key share data Helvetia Holding AG Group underlying earnings per share in CHF 22.9 42.1 20.5 Group profit for
More informationPress release. Helvetia and Nationale Suisse to form a new Swiss insurance group
NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDI- RECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANA- DA OR JAPAN Press release St. Gallen/Basel, 7 July 2014 Helvetia and Nationale
More informationMedia release. Helvetia increases profit and grows through acquisitions. St. Gallen, 16 March 2015
Media release St. Gallen, 16 March 2015 Helvetia increases profit and grows through acquisitions Helvetia produced a very good performance in 2014 and successfully completed the acquisitions of Nationale
More informationLetter to Shareholders 2014
A forward-looking union About two months ago we announced that Helvetia would make a takeover offer to the shareholders of Nationale Suisse for their shares. This historic union of the two companies will
More informationYour Swiss Insurer. Helvetia Group Business Profile
Your Swiss Insurer. Helvetia Group Business Profile September 2013 Cautionary statement regarding forward-looking statements This document is prepared by Helvetia Group and may not be copied, altered,
More informationDeutsche Bank - Swiss Equities Conference Martin Strobel, Group CEO
Deutsche Bank - Swiss Equities Conference Martin Strobel, Group CEO Zurich,13 May 2009 Making you safer. www.baloise.com The Baloise Group Strong Diversification of Business Volume and EBIT Belgium Life:
More informationYour Swiss Insurer. Helvetia Group
Your Swiss Insurer. Helvetia Group Full-year results F ll lt 2014 Photo: Gerry Nitsche, Zurich Pipilotti Rist Aufgeweckter Rosenscheitel, 2014 Disclaimer Disclaimer: Analyst Presentation NEITHER THIS DOCUMENT
More informationYour Swiss Insurer. Helvetia Group Full-year results 2013
Your Swiss Insurer. Helvetia Group Full-year results 2013 Cautionary statement regarding forward-looking statements This document is prepared by Helvetia Group and may not be copied, altered, offered,
More informationMedia release. Helvetia on course with strategy implementation non-life business as growth driver. St Gallen, 4 September 2018
Media release St Gallen, 4 September 2018 Helvetia on course with strategy implementation non-life business as growth driver The most important details of the 2018 interim financial statements at a glance:
More informationNN Group. NN Group. Delfin Rueda, CFO Bernstein conference 27 September 2018
NN Group NN Group Delfin Rueda, CFO Bernstein conference 27 September 2018 Leading Dutch insurer with strong businesses in European insurance, asset management and Japan Some facts and figures History
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 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 informationZurich Financial Services Group Competing in the Age of Austerity
Zurich Financial Services Group Competing in the Age of Austerity Martin Senn Chief Executive Officer Bank of America Merrill Lynch Banking & Insurance CEO Conference London, Disclaimer and cautionary
More informationMedia release. Helvetia publishes offer prospectus on the takeover of National Suisse
NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA OR JAPAN Media release St.Gallen/Basel, 8 August 2014 Helvetia publishes
More informationInvestor Presentation: Issuance of Subordinated Debt
Investor Presentation: Issuance of Subordinated Debt 7-8th September 2017 This presentation is to be read in conjunction with the preliminary offering memorandum dated 6 th September 2017 Agenda 1. Who
More informationAXA s operations in Northern, Central & Eastern Europe. Alfred Bouckaert, Member of AXA s Management Board. Cheuvreux Conference January 10, 2008
AXA s operations in Northern, Central & Eastern Europe Alfred Bouckaert, Member of AXA s Management Board Cheuvreux Conference January 10, 2008 Cheuvreux Conference January 10, 2007 2 Cautionary statements
More informationAllianz Global Corporate & Specialty
Allianz Global Corporate & Specialty Company presentation January 2012 Allianz An Introduction Allianz Group is one of the world s leading insurers and financial services providers Founded in 1890 in Berlin,
More informationTalanx Strategy Frankfurt, 23 October Torsten Leue, CEO
Talanx Strategy Frankfurt, 23 October 2018 Torsten Leue, CEO Key messages We commit to an increased RoE of 800 bps above risk-free an annual EPS-growth 5% on average 35% to 45 % payout of IFRS earnings
More informationSwiss Re s differentiation drives financial performance
Swiss Re s differentiation drives financial performance Kepler Cheuvreux Swiss Seminar, 29 March 2017 Gerhard Lohmann, Chief Financial Officer Reinsurance Today s agenda Swiss Re Group at a glance Reinsurance
More informationAllianz Re. Company Presentation. May Understanding Risk Creating Value
Allianz Re Company Presentation May 2015 Understanding Risk Creating Value Content 1 Allianz Group 2 Our company 3 Our financial results 4 Our people 5 Our solutions & services 6 Our global presence 2
More informationProfitability & solidity
Profitability & solidity Group Treasury & Corporate Finance Group Investor Relations Allianz SE Bank of America Merrill Lynch European Credit Conference London, September 2018 Allianz Investor Relations
More informationSwiss Re s performance and strategy
Swiss Re s performance and strategy Baader Helvea Swiss Equities Conference, 11 January 2019 Martin Müller, Chief Financial Officer Corporate Solutions Today s agenda Swiss Re Group at a glance Corporate
More informationFinancial statements of Helvetia Holding AG
Financial statements of Helvetia Holding AG Income statement 2014 2013 Change in CHF million Dividend income 394.4 84.4 Loan interest income 0.5 1.4 Depreciation 47.2 0.0 Loan interest expenses 7.4 2.0
More informationLa Mondiale HALF YEAR 2014 EARNINGS. October 2014
La Mondiale HALF YEAR 2014 EARNINGS 1 October 2014 Cautionary note At half-year, La Mondiale does not produce full financial statements but only prepares a balance sheet and an income statement. Auditors
More informationKempen conference. Amsterdam 30 May 2013
Kempen conference Amsterdam 30 May 2013 Company snapshot Description Dutch REIT: NSI is a real estate asset management company and qualifies as fiscal investment institution under Dutch law (REIT) Full
More informationVP Bank Group 6 March annual results
VP Bank Group 6 March 2018 2017 annual results Programme Welcome Fredy Vogt, Chairman of the Board of Directors VP Bank Group 2017 annual results Siegbert Näscher, Chief Financial Officer Strategy of VP
More information1H 2011 Results and Outlook
VZ Holding Ltd Beethovenstrasse 24 CH-8002 Zurich Telephone: +41 44 207 27 27 Fax: +41 44 207 27 28 vermoegenszentrum.ch vzfinanzportal.ch VZ Group 1H 2011 Results and Outlook Zurich, 18 August 2011 Disclaimer
More informationSwiss Re and our Life & Health Reinsurance business
Swiss Re and our Life & Health Reinsurance business Alison Martin, Head Life & Health Business Management Bank of America Merrill Lynch - Annual Financials CEO Conference September 29, 2016 We re smarter
More informationHalf Year Report 2014
Half Year Report 2014 Report for the six months to June 30, 2014 Mythenquai 2 8002 Zurich, Switzerland Phone +41 (0) 44 625 25 25 www.zurich.com 47623-1408 Q214_HYR_Cover_Contents_Disclaimer_Credits_en.indd
More information2006 Interim Results. 9 August 2006
2006 Interim Results 9 August 2006 Agenda Introduction Financial review Review of the business Richard Harvey Group Chief Executive Andrew Moss Group Finance Director Richard Harvey Review of AmerUs Tom
More informationPrivate Banking Investor Day Switzerland. Hans-Ulrich Meister, CEO Credit Suisse Switzerland. Zurich, September 22, 2009
Private Banking Investor Day 2009 Switzerland Hans-Ulrich Meister, CEO Credit Suisse Switzerland Zurich, September 22, 2009 Cautionary statement Cautionary statement regarding forward-looking and non-gaap
More informationNationale Suisse. Interim report 1 st half-year In the Studio kunstbericht.ch
Nationale Suisse Interim report 1 st half-year 2014 In the Studio kunstbericht.ch Publishing details Published by Swiss National Insurance Company Ltd Steinengraben 41 4003 Basel www.nationalesuisse.com
More informationLA MONDIALE HALF YEAR 2018 EARNINGS. October 18, 2018
LA MONDIALE HALF YEAR 2018 EARNINGS October 18, 2018 Cautionary note At half-year, La Mondiale does not produce full financial statements but only prepares a balance sheet and an income statement. Auditors
More informationValiant investor presentation
Valiant investor presentation Baader Helvea Swiss Equities Conference Bad Ragaz 12 January 2018 Our key messages 100% Focus on retail banking 100% focus on retail and SME banking in Switzerland Very high
More informationAXA. Bank of America Merrill Lynch 21st Annual Financials CEO Conference London September 29, Thomas Buberl Chief Executive Officer
AXA Bank of America Merrill Lynch 21st Annual Financials CEO Conference London September 29, 2016 Thomas Buberl Chief Executive Officer Certain statements contained herein are forward-looking statements
More informationOperating and financial review Zurich Financial Services Group Half Year Report 2011
Operating and financial review 2011 Half Year Report 2011 2 Half Year Report 2011 Operating and financial review The information contained within the Operating and financial review is unaudited. This document
More informationBank am Bellevue Bellevue meets Management Seminar Zurich, January 13, Walter Berchtold Chief Executive Officer Credit Suisse
Bank am Bellevue Bellevue meets Management Seminar Zurich, January 13, 2005 Walter Berchtold Chief Executive Officer Credit Suisse DISCLAIMER Cautionary Statement regarding forward-looking information
More informationINFORCE MANAGEMENT. A strategic asset. Paul EVANS CEO of AXA UK & Ireland Member of the AXA Group Executive Committee. Investor Day November 20, 2014
INFORCE MANAGEMENT A strategic asset Investor Day November 20, 2014 Paul EVANS CEO of AXA UK & Ireland Member of the AXA Group Executive Committee Certain statements contained herein are forward-looking
More informationUNIQA Insurance Group AG
UNIQA Insurance Group AG Investor Presentation Michael Oplustil, Head of Investor Relations Madrid, 03.10.2018. Key Financial Indicators Earnings per share (EUR) Regulatory and Economic Capital Position
More informationSwiss Re s performance and strategy. HSBC European Financials West Coast Symposium 6 April 2016
Swiss Re s performance and strategy HSBC European Financials West Coast Symposium 6 April 2016 Today s agenda Swiss Re at a glance and recent achievements 2015 financial performance Swiss Re s strategic
More informationDebt Investor Presentation FY 2018
Debt Investor Presentation FY 2018 Executive summary Ageas group International insurance group with focus on Europe & Asia Diversified product portfolio with focus on individuals & SME Solid & diversified
More informationAbout Valiant: Presentation for investors
About Valiant: Presentation for investors May 2018 Our key messages 100% focus on retail banking Simple business model with a clear focus on mortgages Very high loan quality, with 97% of loans secured
More informationAmbition AXA Investor Day June 1, 2011 Life & Savings in mature markets Jacques de Vaucleroy
Ambition AXA Investor Day June 1, 2011 Life & Savings in mature markets Jacques de Vaucleroy Head of L&S Global Business Line & CEO of NORCEE region Cautionary note concerning forward-looking statements
More informationHelvetia Group. Letter to Shareholders Your Swiss insurer.
Helvetia Group Letter to Shareholders 2012 Your Swiss insurer. 2012 2011 Change Key share data Helvetia Holding AG Group profit for the period per share in CHF 38.1 32.7 16.6% Consolidated equity per share
More informationOperating and financial review (unaudited) 2015
Zurich Insurance Group Operating and financial review (unaudited) 2015 2 Group performance review Zurich Insurance Group Operating and financial review The Operating and financial review is the management
More informationContinued solid performance
Continued solid performance Jos Baeten, CEO Chris Figee, CFO Analyst conference call 29 August 2018 Continued solid performance in Solid operating performance Operating result of 382m in line with last
More informationBanque Cantonale de Genève Roadshow Investora 2017
Communication et relations investisseurs I BCGE Banque Cantonale de Genève Roadshow Zurich I 20 September 2017 Summary Our identity Our corporate environment Our services Our results Shareholders and equity
More informationAnnual EVM Results 2015 Investor and analyst presentation Zurich, 16 March We make the world more resilient.
Investor and analyst presentation Zurich, 16 March 2016 We make the world more resilient. Swiss Re uses EVM to systematically allocate capital within the Group strategic framework Strategic Framework Steering
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 informationAXA MORGAN STANLEY CONFERENCE
AXA MORGAN STANLEY CONFERENCE THOMAS BUBERL Member of the AXA Management Committee CEO of AXA Germany, CEO of AXA Health Global Business Line and CEO of AXA Global Life & Savings March 15, 2016 Certain
More informationCredit Suisse Swiss Pension Fund Index Q2 2017
Credit Suisse Swiss Pension Fund Index Q2 217 YTD 217: 3.94% Q2 217: 1.15% Positive second quarter, with slowdown in June Significant positive contribution from Swiss equities in reporting quarter Sharp
More informationAgenda. Overview. Strategy Q&A
Agenda SWISS EQUITIES CONFERENCE BKW 11.01.2018 2 Overview Strategy Q&A Overview BKW 11.01.2018 4 Key figures 2016 Operating revenue CHF 2.9bn EBIT CHF 384m Operating Cash flow CHF 358m Liquidity CHF 1.2bn
More informationPrivate Banking Update
Private Banking Update Citigroup Swiss Private Banking Roundtable Zurich, September 9, 2008 Martin Mende, Private Banking Head of Business Development Cautionary statement Cautionary statement regarding
More informationFull Year 2011 Earnings Press conference
Full Year 2011 Earnings Press conference February 16, 2012 Cautionary note concerning forward-looking statements Certain statements contained herein are forward-looking statements including, but not limited
More informationFinancial Targets & Strategic Priorities
Financial Targets & Strategic Priorities A G E A S I N V E S T O R D AY 6 TH O F J U N E 2 0 17 I LISBON PORTUGAL Ageas... Continuing the growth journey FY 2015 FY 2016 Insurance excl. UG/L without Hong
More informationFY2018 Performance Review. April 25, 2018
FY2018 Performance Review April 25, 2018 Agenda Company Strategy Financial Performance Industry Overview 2 Agenda Company Strategy Financial Performance Industry Overview 3 Strategy: Market leadership
More informationAXA. Henri de Castries. Chairman & CEO. London - October 2, Sanford C. Bernstein Strategic Decisions Conference
AXA Henri de Castries Chairman & CEO London - October 2, 2013 Sanford C. Bernstein Strategic Decisions Conference Cautionary note concerning forward-looking statements Certain statements contained herein
More informationAnnual results Investor and analyst presentation Zurich, 23 February 2018
Investor and analyst presentation Zurich, 23 February 2018 Today s agenda Key achievements 2017 financial performance Business outlook for 2018 2 Key achievements 3 In 2017 we supported our clients and
More informationReport for the six months to June 30, 2012
Zurich Insurance Group Half Year Report 2012 Report for the six months to June 30, 2012 About Zurich Zurich is a leading multi-line insurance provider with a global network of subsidiaries and offices.
More informationSwiss Re Group Second Quarter 2012 Report
Swiss Re Group Second Quarter 2012 Report Key information Financial highlights (unaudited) For the three months ended 30 June USD millions, unless otherwise stated 2011 2012 Change in % Group Net income
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 informationInterim report July - September 2016
Interim report July - September 2016 October 19 th, 2016 Mikael Ericson, CEO Erik Forsberg, CFO 2 Q3 2016 Highlights Continued good financial development All financial targets met: EPS growth, PD RoI and
More informationCredit Suisse Swiss Pension Fund Index Q1 2017
Credit Suisse Swiss Pension Fund Index Q1 217 YTD 217: 2.76% Q1 217: 2.76% Credit Suisse Pension Fund Index starts year at all-time high Allocation to foreign equities at all-time high; allocation to Swiss
More informationVFB-Happening Rik Scheerlinck, KBC Group CFO
Rik Scheerlinck, KBC Group CFO Important information for investors This presentation is provided for information purposes only. It does not constitute an offer to buy or sell any security issued by an
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 information1 st quarter 2015 results
1 st quarter 2015 results continued improvement Jacques van den Broek, CEO Robert Jan van de Kraats, CFO Randstad Holding nv disclaimer & definitions Certain statements in this document concern prognoses
More informationVienna Insurance Group Investor Presentation
Vienna Insurance Group Investor Presentation Zürs, 29 March 2017 Agenda 2020 12M 2016 Preliminary results Please note: All information for the financial year 2016 is based on preliminary unaudited data.
More informationAXA. Jacques de Vaucleroy. Global Head of AXA Global L&S CEO for Northern, Central and Eastern Europe region Member of the AXA Management Committee
AXA Jacques de Vaucleroy Global Head of AXA Global L&S CEO for Northern, Central and Eastern Europe region Member of the AXA Management Committee October 2, 2014 Bank of America Merrill Lynch Annual Banking
More informationProperty & Casualty: Accelerating Profitable Growth
Investor Day December 4, 2013 Property & Casualty: Accelerating Profitable Growth Jean-Laurent Granier CEO, AXA Global P&C Cautionary note concerning forward-looking statements Certain statements contained
More informationCorporate Presentation
Corporate Presentation Agenda Industry Overview Operating Performance Financial Performance 2 Agenda Industry Overview Operating Performance Financial Performance 3 Industry has witnessed steady growth
More information2013 Half Year Figures. October 2013
2013 Half Year Figures October 2013 Cautionary note At half-year, La Mondiale does not produce full financial statements but only prepares a balance sheet and an income statement. Auditors are not required
More informationFinancial Results 2013
Financial Results 2013 Creating a New Base for the Future 13 February 2014 Gerard van Olphen (Chairman of the Board) Maurice Oostendorp (CFRO) I. Highlights 2013, Strategy Update SNS REAAL FINANCIAL RESULTS
More informationSecond Quarter 2010 Report
Second Quarter 2010 Report Key information Corporate highlights Strong net income of USD 812 million despite challenging market conditions Excellent performance in Asset Management with operating income
More informationSwiss Re s differentiation approach drives performance
Swiss Re s differentiation approach drives performance Baader Helvea Swiss Equities Conference, 13 January 2017 Gerhard Lohmann, Chief Financial Officer Reinsurance Today s agenda Business update 3 Deep
More information9M2018 Performance Review. January 16, 2018
9M2018 Performance Review January 16, 2018 Agenda Company Strategy Financial Performance Industry Overview 2 Agenda Company Strategy Financial Performance Industry Overview 3 Strategy: Market leadership
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 informationCorporate Solutions. Agostino Galvagni CEO Corporate Solutions
Corporate Solutions Agostino Galvagni CEO Corporate Solutions On track to deliver against 2015 targets Economic Net Worth 1 10% Commercial insurance Business Unit of the Swiss Re Group A key opportunity
More informationFull Year Results Presentation
Full Year Results Presentation 12 months ended 31 December 2010 8 March 2011 1 Agenda 1. Introduction and Highlights Ray King, Chief Executive 2. Financial Review Tom Singer, Group Finance Director 2.1
More information9M2019 Performance Review
9M2019 Performance Review Agenda Company Strategy Financial Performance Industry Overview Agenda Company Strategy Financial Performance Industry Overview Strategy: Market leadership + Profitable growth
More informationAXA. Henri de Castries Chairman & CEO. October 5, Bank of America Merrill Lynch Annual Banking & Insurance CEO Conference 2011
AXA Henri de Castries Chairman & CEO October 5, 2011 Bank of America Merrill Lynch Annual Banking & Insurance CEO Conference 2011 Cautionary note concerning forward-looking statements Certain statements
More informationSTRATEGIC PLAN of the SAVA RE GROUP for the period
STRATEGIC PLAN of the SAVA RE GROUP for the period 2017 2019 #NEVER ALONE WE ARE CREATING A MODERN, DIGITAL, SOCIALLY-AND SUSTAINABLE- ORIENTED INSURANCE GROUP. SCOPE OF STRATEGY ON THE GROUP LEVEL SAVA
More informationSTRATEGIC PLAN:
STRATEGIC PLAN: 2018-2020 CONSOLIDATING OUR LEADERSHIP IN ITALIAN SPECIALTY FINANCE 11 APRIL 2018 OUR MISSION INTRODUCTION OUR JOURNEY TO 2020 Providing the liquidity to facilitate client transactions
More informationSwiss Re reports solid first quarter 2017 net income of USD 656 million
News release Swiss Re reports solid first quarter 2017 net income of USD 656 million Solid Group net income at USD 656 million for the first quarter 2017 after USD 350 million expected insurance claims
More informationFirst quarter 2014 results. Analyst and investor presentation Zurich, 7 May 2014
Analyst and investor presentation Zurich, 7 May 204 Today s agenda Introduction Business performance April renewals and financial targets Michel M. Liès, Group CEO David Cole, Group CFO Michel M. Liès,
More informationCorporate Solutions. Agostino Galvagni, CEO Corporate Solutions Serge Troeber, CUO Corporate Solutions
Corporate Solutions Agostino Galvagni, CEO Corporate Solutions Serge Troeber, CUO Corporate Solutions Corporate Solutions continues on its path of disciplined growth Today s focus Complementary key initiatives
More informationResults Reporting for the Three Months to March 31, 2009
Results Reporting for the Three Months to March 3, 2009 Analysts and Media Presentation Disclaimer and cautionary statement By participating in this conference call you agree to be bound by the following
More informationAXA HALF YEAR 2016 EARNINGS. Presentation. August 3, 2016
AXA HALF YEAR 2016 EARNINGS Presentation August 3, 2016 Certain statements contained herein are forward-looking statements including, but not limited to, statements that are predictions of or indicate
More informationSantander Consumer Finance
24 April 2018 Santander Consumer Finance Q1'18 Earnings Presentation Disclaimer Banco Santander, S.A. ("Santander") cautions that this presentation contains forward-looking statements. These forward-looking
More informationH12018 Performance Review. October 17, 2017
H12018 Performance Review October 17, 2017 Agenda Company Strategy Financial Performance Industry Overview 2 Agenda Company Strategy Financial Performance Industry Overview 3 Strategy: Market leadership+
More informationFACTS&FIGURES
2013-2014 FACTS&FIGURES We are in a changing environment and by combining each other s strengths we can make the impossible possible The Eurapco Alliance is a unique and strong partnership of leading European
More informationImplementing the strategy Alex Wynaendts CEO Analyst & Investor Conference, London June 22-23, 2010
Implementing the strategy Alex Wynaendts CEO Analyst & Investor Conference, London June 22-23, 2010 AEGON s ambition To be a leader in all of our chosen markets by 2015 o Reallocate capital o Increase
More informationEconomic Value Management 2016 Annual Report. For a resilient future
Economic Value Management 2016 Annual Report For a resilient future Key information Financial highlights For the years ended 31 December USD millions, unless otherwise stated 2015 2016 Change in % Group
More informationInterim report. Helvetia Holding AG Your Swiss insurer.
Interim report Helvetia Holding AG 2014 Your Swiss insurer. Interim results of Helvetia Holding AG Income statement 30.6.2014 1 31.12.2013 2 Change in CHF million Dividend income 66.6 84.4 Loan interest
More informationHalf Year Earnings Press conference August 2, 2018
Half Year Earnings 2018 Press conference August 2, 2018 IMPORTANT LEGAL INFORMATION AND CAUTIONARY STATEMENTS CONCERNING FORWARD-LOOKING STATEMENTS Certain statements contained herein may be forward-looking
More informationSmith Barney Citigroup Financial Services Conference New York, January 26, 2005
Smith Barney Citigroup Financial Services Conference New York, January 26, 2005 Brady Dougan Chief Executive Officer, Credit Suisse First Boston Member of the Executive Board, Credit Suisse Group DISCLAIMER
More informationVienna Insurance Group Focused on Growth in CEE and Austria. CA-IB Emerging Europe Conference, 19/20 March, 2007
Vienna Insurance Group Focused on Growth in CEE and Austria CA-IB Emerging Europe Conference, 19/20 March, 2007 Vienna Insurance Group Focused on Growth in CEE and Austria 2 Leading Austrian insurance
More informationAXA. Henri de Castries. Chairman & CEO. September 18, Sanford C. Bernstein s 11 th Annual Pan- European Strategic Decisions Conference
AXA Henri de Castries Chairman & CEO September 18, 2014 Sanford C. Bernstein s 11 th Annual Pan- European Strategic Decisions Conference Cautionary note concerning forward-looking statements Certain statements
More information