Sustained leadership in life insurance. September 2011
|
|
- Antony Gordon
- 8 years ago
- Views:
Transcription
1 Sustained leadership in life insurance September 2011
2 Agenda Industry overview and outlook Recent market developments ICICI Prudential: Strategic elements Performance snapshot 2
3 Agenda Industry overview and outlook Recent market developments ICICI Prudential: Strategic elements Performance snapshot 3
4 Evolution of industry since liberalisation FY 2002 FY 2011 Number of players New business premium 1 (USD bn) % CAGR Total premium (USD bn) % CAGR Penetration (as a % to GDP) ~ % ~ % Insurance premium per capita (USD) ~9 ~53 1 Retail weighted premium Source: IRDA, Swiss Re, market estimates Exchange rate FY 2002 $1=INR 49 FY 2011 S1=INR 45 4
5 Industry: New business premium Growth YOY Growth 34% 92% 31% (10 10%) 17% (8%) (29 29%) Source: IRDA, weighted new business premiums for individual business 5
6 Industry: AUM Source: Life insurance council 6
7 Growth opportunity FY 2000 (USD bn) FY 2010 (USD bn) FY 2015E (USD bn) Nominal GDP % CAGR 1, % CAGR 2,388 Household savings % CAGR % CAGR 540 Financial savings % CAGR % CAGR 248 Insurance % CAGR % CAGR 50 1 Net inflow into Insurance 7 Significant opportunity at current savings rate
8 Increasing life insurance fund 100% 80% 20.1% 60% 12.1% 13.9% 16.1% % 13.8% 15.7% 14.0% 17.7% 18.0% 40% 20% 0% -20% Distribution of financial savings Currency & Depos its Life Insurance Fund Shares/ Debentures / MFS Provident and Pension Fund Claims on Government 50% of household savings invested in financial assets 8
9 Favourable demographics % Year % % Percentag e Aged 0-14 Aged Aged Aged 60 and above Target population expected to increase by over 500 mn by 2050 Source: UN Population division 9
10 Agenda Industry overview and outlook Recent market developments ICICI Prudential: Strategic elements Performance snapshot 10
11 Market developments Interim RIY to be maintained; Charges to be evenly Products spread during the lock in period Cap on surrender charges Premium paying term and lock in of 5 years Increased protection cover Pension products: Guaranteed return and mandatory annuitisation of 2/3rd of the fund value Distribution Persistency & productivity based agents licensing Periodic audits of corporate agents Eligibility criteria for referral partners Changes to ensure better customer value proposition 11
12 Implications of recent market developments 250 Retail weighted premium 350 Retail received premium Slow down in overall INR bn INR bn industry Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY 2010 FY 2011 FY 2010 FY 2011 Product strategy re-defined Shift towards single premium products to manage persistency risk Conventional products gaining momentum No activity in linked pension segment 12
13 Potential long term benefits Cheaper and attractive products Customer Reduction in charges Lower upfront charges Higher protection Encourage long term savings Industry Disciplined distribution and sales practices Transition from transaction based to need based selling 13
14 Key short term imperatives Maintaining a balance between volumes and margins Improving distribution productivity Recalibrate cost structures Improvement in persistency Achieving a balanced product mix 14
15 Agenda Industry overview and outlook Recent market developments ICICI Prudential: Strategic elements Performance snapshot 15
16 Sustained leadership Organisation Brand Distribution 2 Sustained private market leadership INR bn of capital infused till June 2011 Strong parentage: ICICI Bank & Prudential PLC Strong team of around 13,000 professionals Highest brand recall and consideration value amongst private players 1 5, No. of distribution touch points 115, No. of advisors Corporate tie ups & bancassurance partners 1. Source: Millward Brown Quarterly Brand Track Oct As of June 31,
17 Sustained leadership (cont..) Product Service Products catering to all life cycle needs Servicing tie up : Over 10, touch points High customer convenience: Over 60% 1 service transactions through electronic modes Rated most customer responsive company 2 Balance between risk and customer convenience 89% of policies issued without medicals Low claims ratio Low claim rejections rate For FY Avaya Global Connect, 2005, 2007 & 2010
18 Strategy: Way forward Balanced product mix Distribution Persistency Expense management Service Customer centric products Product catering to the needs of the customer Profitable growth through efficiency and productivity Need based long term sales pitch Direct / Technology driven innovative channels Sales incentives to encourage persistency Proactive segmented customer communication Rationalisation of infrastructure Variablisation of expenses Productivity and efficiency improvements Automated service delivery architecture Upsell to existing customers Hassle free underwriting & exceptional claim record 18
19 Agenda Industry overview and outlook Recent market developments ICICI Prudential: Strategic elements Performance snapshot 19
20 Policies issued since inception 20
21 Robust growth in assets held Among the largest domestic fund managers 21
22 Superior fund performance Performance since inception as on June 30, 2011 Inception Dates: Preserver Fund: May 17, 2004 Protector Fund: April 2, 2002 Balancer Fund : April 2, 2002 Maximiser Fund: November 16,
23 Sharp decline in expense ratio Total Expense ratio: All expenses (incl. commission) / ( (Total premium 90% of single premium) 23
24 Profit / (Loss) after tax INR in billions - (5) FY 2008 FY 2009 FY 2010 FY 2011 (10) (7.80) (15) (13.95) 24
25 Performance snapshot 3m 2011 New business premium (INR bn) Renewal premium (INR bn) FY m Total premium (INR bn) APE (INR bn) NBP margin 19.0% 17.9% 16.0% Asset under management (INR bn) Expense ratio % 17.3% 18.9% Profit/(Loss) after tax 2 (INR bn) ( ) Expense ratio: All expenses (incll commission ) / (Total premium 90% of single premium) 2 Profit after tax for 3m 2011 excludes the non par surplus of INR 2.35bn 25
26 Safe harbor Except for the historical information contained herein, statements in this release which contain words or phrases such as 'will', 'would', indicating, expected to etc., and similar expressions or variations of such expressions may constitute 'forward-looking statements'. These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to our ability to successfully implement our strategy, our growth and expansion in business, the impact of any acquisitions, technological implementation and changes, the actual growth in demand for insurance products and services, investment income, cash flow projections, our exposure to market risks, policies and actions of regulatory authorities; impact of competition; experience with regard to mortality and morbidity trends, lapse rates and policy renewal rates; the impact of changes in capital, solvency or accounting standards, tax and other legislations and regulations in the jurisdictions as well as other risks detailed in the reports filed by ICICI Bank Limited, our holding company, with the United States Securities and Exchange Commission. ICICI Bank and we undertake no obligation to update forward-looking statements to reflect events or circumstances after the date thereof. 26
27 Thank you 27
Leadership in life insurance. October 2013
Leadership in life insurance October 2013 Agenda Industry overview and outlook Performance update Our strategy 2 Agenda Industry overview and outlook Performance update Our strategy 3 India life insurance
More informationLeadership in life insurance. April 2015
Leadership in life insurance April 2015 Agenda Industry overview and outlook Company strategy and performance Embedded value results 2 Agenda Industry overview and outlook Company strategy and performance
More informationIndian Financial Sector: Outlook and Opportunities. December 1, 2006
Indian Financial Sector: Outlook and Opportunities December 1, 2006 Economic backdrop Demographic forces Continued expansion of services sector GDP growth of over 8% Resurgent industrial sector Untapped
More informationBajaj Allianz Life Insurance Co. Ltd. FY 2006-07. Bajaj Allianz Life Insurance Co. Ltd. <25 th June 2007>
Bajaj Allianz Life Insurance Co. Ltd. FY 2006-07 1 Index Private Life Insurance Market Key Highlights : FY 2006-2007 BALIC Growth in New Business Key Financial Highlights Growth in Assets NBAP FY 2006-07
More informationNews Release January 28, 2016. Performance Review: Quarter ended December 31, 2015
News Release January 28, 2016 Performance Review: Quarter ended December 31, 20% year-on-year growth in total domestic advances; 24% year-on-year growth in retail advances 18% year-on-year growth in current
More informationNEW BUSINESS PRODUCT MIX FOR INDIVIDUAL REGULAR PREMIUM BUSINESS
The reduction in ULIP sales has been most noticeable for the tied agency channel. The bancassurance distribution channel is relatively less affected due to the reduced commission level on ULIPs given the
More informationAllianz - Acquisition of Yapi Kredi Sigorta
Allianz - Acquisition of Yapi Kredi Sigorta Dieter Wemmer, Chief Financial Officer Conference call March 27, 2013 Transaction overview Allianz and Yapi Kredi Bank enter into a long-term partnership: Allianz
More informationCentral & Eastern Europe Executing our strategy
Central & Eastern Europe Executing our strategy Analyst & Investor Conference, London June 19, 2013 Gábor Kepecs Management Board Member Chief Executive Officer CEE Michal Biedzki Chief Executive Officer
More informationMorgan Stanley 10th Annual European Financials Conference. Mark Wilson Chief Executive Officer. March 2014
Morgan Stanley 10th Annual European Financials Conference Mark Wilson Chief Executive Officer March 2014 1 Disclaimer Cautionary statements: This should be read in conjunction with the documents filed
More informationEVERY DAY MATTERS. Forward looking statements. Preliminary results 2011. 14 March 2012
1 EVERY DAY MATTERS. Preliminary results 14 March 2012 Forward looking statements. 2 This document may contain certain forwardlooking statements relating to Legal & General Group, its plans and its current
More informationDelivering sustainable global growth
Delivering sustainable global growth Driving profits by growing third party assets Keith Skeoch CEO, Standard Life Investments This presentation may contain certain forward-looking statements with respect
More informationZurich Insurance Group - Low rates and heavy regulation: how to deliver shareholder returns
Zurich Insurance Group - Low rates and heavy regulation: how to deliver shareholder returns Martin Senn Chief Executive Officer BoAML 9th Annual Banking & Insurance CEO Conference London, October, 04 Group
More information2 nd Quarter, 2012 Results ANALYST MEETING, 27 JULY, 2012
2 nd Quarter, 2012 Results ANALYST MEETING, 27 JULY, 2012 Agenda Page 1. Review of Result 2Q12 3-19 2. Future Positioning 21-25 3. 2012 Targets 27 IMPORTANT DISCLAIMER: Information contained in this document
More informationLife Insurance Market Report - India
Brochure More information from http://www.researchandmarkets.com/reports/1839253/ Life Insurance Market Report - India Description: The Indian life insurance sector has grown at a fast pace since liberalisation
More informationManagement s Discussion and Analysis
Management s Discussion and Analysis of Financial Conditions and Results of Operations For the quarter and six months ended June 30, 2012 All figures in US dollars This Interim Management s Discussion
More informationPartnership Assurance Group plc ( Partnership ) Q1 Interim Management Statement
14 May 2014 Partnership Assurance Group plc ( Partnership ) Q1 Interim Management Statement Partnership today announces its Interim Management Statement for the period from 1 January 2014 to 13 May 2014,
More informationThis is a licensed product of Ken Research and should not be copied
1 TABLE OF CONTENTS 1. India Insurance Market Introduction Pre-Liberalization Period Post Liberalization period-formation of IRDA Current Market Scenario- FY 2013-FY 2014 India Insurance Market- An Overview
More informationLife & Protection. Scott Ham CEO. John Hunter COO. Analyst & Investor Conference
Life & Protection Scott Ham CEO John Hunter COO Analyst & Investor Conference New York City, December 2010 Key messages Grow profitable new sales Leverage expertise to increase recruiting and expand existing
More informationGlossary of insurance terms
Glossary of insurance terms I. Insurance Products Annuity is a life insurance policy where an insurance company pays an income stream to an individual, usually until death, in exchange for the payment
More informationNews Release April 29, 2016. Performance Review: Quarter ended March 31, 2016
News Release April 29, Performance Review: Quarter ended March 31, 16% year-on-year growth in domestic advances; retail portfolio crossed ` 2,00,000 crore (US$ 30.2 billion) during the quarter ended March
More informationRating Methodology for Domestic Life Insurance Companies
Rating Methodology for Domestic Life Insurance Companies Introduction ICRA Lanka s Claim Paying Ability Ratings (CPRs) are opinions on the ability of life insurance companies to pay claims and policyholder
More informationFirst Quarter 2011 Results Underlying net profit increased 61.6% to EUR 1,492 mln
First Quarter 2011 Results Underlying net profit increased 61.6% to EUR 1,492 mln Jan Hommen CEO Amsterdam 5 May 2011 www.ing.com ING Group posted strong first-quarter results ING Group underlying net
More informationRichard Harvey Group Chief Executive Aviva plc
Richard Harvey Group Chief Executive Aviva plc Capturing value in a challenging environment UBS Warburg Conference New York 29 April 2003 Disclaimer 2 This presentation may contain certain forward-looking
More informationRemarks by George Quinn (slides 2 to 12), Chief Financial Officer of Zurich Insurance Group.
Q1 Results 2015 Remarks by George Quinn (slides 2 to 12), Chief Financial Officer of Zurich Insurance Group. May 7, 2015 Slide 2: Key highlights Good morning or good afternoon. My name is George Quinn
More informationHigher FDI in Indian Insurance sector a buzz for the industry
Higher FDI in Indian Insurance sector a buzz for the industry The view from Transactions and Restructuring By Sam Evans, Global Insurance Transactions and Restructuring Lead, KPMG in Switzerland, Shashwat
More informationCreating Value in Russia
Creating Value in Russia Mikhail Slobodin Group Executive Vice President and Head of Russia London, January 28-29, 2014 Strong free cash flow generation Good quality mobile network Strong mobile data revenue
More informationMike Biggs Group Finance Director. Catching the wave of bancassurance
Mike Biggs Group Finance Director Catching the wave of bancassurance European financials and the search for growth Goldman Sachs Banking and Insurance Conference Venice June 2002 Disclaimer This presentation
More informationAsset Management Executing our strategy
Asset Management Executing our strategy Analyst & Investor Conference, London June 19, 2013 Sarah Russell Chief Executive Officer Asset Management Philip Smith Chief Financial Officer Asset Management
More informationUBS Global Financials Conference
UBS Global Financials Conference George Culmer, Group CFO Simon Lee, CEO International 11 May 21 AGENDA Overview George Culmer, CFO UK International Simon Lee, CEO International Emerging Markets Wrap up
More informationGerry Byrne Country Head Poland
Gerry Byrne Country Head Poland Bank Zachodni WBK S.A. ( BZ WBK ) and Banco Santander, S.A. ("Santander") both caution that this presentation contains forward-looking statements. These forward-looking
More informationNN Group Insurance International
NN Group Insurance International Robin Spencer, CEO International Insurance Capital Markets Day 19 November 2015 Portfolio of mature and developing international markets Top 3 positions in CEE 1 life insurance
More informationKey performance indicators
The information included in the following sheets of this Excel file forms an integral part of the Aegon press release on the Q2 results 2013 as published on August 8, 2013. Cautionary note regarding non-ifrs
More informationAllianz - Acquisition of Yapi Kredi Sigorta. March 27, 2013
Allianz - Acquisition of Yapi Kredi Sigorta March 27, 2013 Transaction overview Allianz and Yapi Kredi Bank enter into a long-term partnership: Allianz acquires Non-Life and Life & Pensions businesses
More informationLife & Protection. Scott Ham Kevin Crist John Hunter CEO CFO COO. aegon.com. Analyst & Investor Conference, New York City December 5, 2012
Life & Protection Analyst & Investor Conference, New York City December 5, 2012 Scott Ham Kevin Crist John Hunter CEO CFO COO aegon.com Key messages Transamerica s L&P division protects families and their
More informationHDFC Standard Life Insurance Company Limited
HDFC Standard Life Insurance Company Limited Financial Year ending March 2015 This is the sole and exclusive property of HDFC Life Agenda A Economic Overview Overview of Indian Life Insurance Industry
More informationEuropean Insurance Market: Opportunities and challenges
European Insurance Market: Opportunities and challenges Violeta Ciurel, Ph.D, LLIF General Manager European and International Affairs ING Group - Amsterdam November, 12, 2007 New York Global Financial
More informationWealth Management presentation. Gunn Wærsted, Head of Wealth Management
Wealth Management presentation Gunn Wærsted, Head of Wealth Management Wealth Management overview Strategic direction Wealth Management an area with strong financials, welladjusted to New Normal Share
More informationICICI group insurance businesses. July 2003
ICICI group insurance businesses July 2003 Contents Indian insurance sector ICICI Prudential Life Insurance ICICI Lombard General Insurance 2 The insurance opportunity in India 16.0% 14.0% 12.0% 14.2%
More informationRISE OF HEALTH INSURANCE IN INDIA
RISE OF HEALTH INSURANCE IN INDIA WHAT S S DRIVING YOUR REVOLUTION Healthcare Conference 2007 International Finance Corporation April 20 th, Washington DC Presentation Outline Revisiting The India Story
More informationFinancial Outlook* Michael Bell Executive Vice President and Chief Financial Officer CIGNA Corporation
Financial Outlook* Michael Bell Executive Vice President and Chief Financial Officer CIGNA Corporation *Information presented as of November 21, 2008 Agenda 2008 & 2009 Financial Outlook Critical Success
More informationAllianz an opportunity
Jay Ralph, Member of the Board of Management Allianz an opportunity Commerzbank German Investment Seminar New York, January 2011 Agenda 1 Allianz at a glance 2 Business operations in the US 3 Summary and
More informationRAJESH EXPORTS LIMITED GLOBAL PRESENCE IN GOLD AND GOLD PRODUCTS. Earnings Presentation Q2 FY16
RAJESH EXPORTS LIMITED GLOBAL PRESENCE IN GOLD AND GOLD PRODUCTS Earnings Presentation Q2 FY16 Company Overview COMPANY OVERVIEW Rajesh Exports Ltd. (REL) was incorporated in 1989. Currently REL is a leader
More informationProperty & Casualty: AXA Direct
Investor Day 4 December, 2013 Property & Casualty: AXA Direct Stéphane Guinet CEO, AXA Global Direct Cautionary note concerning forward-looking statements Certain statements contained herein are forward-looking
More informationMr. N. S. Kannan s opening remarks for analyst call on January 28, 2016
Mr. N. S. Kannan s opening remarks for analyst call on January 28, 2016 Good evening and welcome to the conference call on the financial results of ICICI Bank for the quarter ended December 31, 2015, that
More informationFirst Quarter 2015 Earnings Conference Call. May 12, 2015
First Quarter 2015 Earnings Conference Call May 12, 2015 Forward Looking Statements Statements made in this presentation that relate to our future performance or future financial results or other future
More informationStandard Life plc. Solvency II and capital insight session
Standard Life plc Solvency II and capital insight session This presentation may contain certain forward-looking statements with respect to certain of Standard Life's plans and its current goals and expectations
More informationQ3/2015 Results Analyst and Investor Conference Call. 29 October 2015
Q3/2015 Results Analyst and Investor Conference Call 29 October 2015 Deutsche Börse Group 1 Highlights Q3/2015 Results Presentation Index derivatives and cash equities benefitted from higher volatility;
More informationSecond Generation of Reform in Indian Insurance Industry: Prospects and Challenges
Second Generation of Reform in Indian Insurance Industry: Prospects and Challenges By Dr. R. Kannan Member (Actuary) Insurance Regulatory and Development Authority, India June 24, ICRIER, India 1 Historical
More informationHDFC Standard Life Insurance Company Limited
HDFC Standard Life Insurance Company Limited Financial Year ended March 2014 This is the sole and exclusive property of HDFC Life 2 Agenda Economic overview Overview of Indian life insurance industry HDFC
More informationGroup Financial Overview and Trends for the Quarter ended 31 January 2012
Group Financial Overview and Trends for the Quarter ended 31 January 2012 Page Overview of Quarter Results 1 to 3 Consolidated Profit and Loss Account 4 Key Performance Indicators Profit and Loss Account
More informationMeasuring performance Update to Insurance Key Performance Indicators
Measuring performance Update to Insurance Key Performance Indicators John Hele Member of Executive Board and CFO of ING Group Madrid 19 September 2008 www.ing.com Agenda Performance Indicators: Background
More informationResults for the quarter ended December 31, 2015. Investor Presentation January 21, 2016
Results for the quarter ended December 31, 2015 Investor Presentation January 21, 2016 Disclaimer This presentation does not constitute a prospectus, an offering circular, an advertisement, a private placement
More informationHealth Care Worldwide
Health Care Worldwide Credit Suisse Global Credit Products Conference September 18, 2014 Miami Credit Suisse Global Credit Products Conference, September 18, 2014 Copyright Page 1 Safe Harbor Statement
More informationCreating a Leading Digital Telco in Germany
Creating a Leading Digital Telco in 23 July 2013 Disclaimer This document contains statements that constitute forward looking statements about Group (going forward, the Company or ) including financial
More informationHelvetia Group Business Profile
Helvetia Group Business Profile Who we are Strong value proposition for customers Switzerland 4 th largest insurance group Niche position in selected European markets Focussed on retail and SMU customers
More informationBBY 2007 Healthcare & Life Sciences Conference nib holdings limited Michelle McPherson, Deputy CEO & CFO
BBY 2007 Healthcare & Life Sciences Conference nib holdings limited Michelle McPherson, Deputy CEO & CFO 4 December 2007 Disclaimer By attending this presentation, you agree that no part of this presentation
More informationAIB Group (UK) p.l.c. Highlights of 2015 Business and Financial Performance. For the year ended 31 December 2015. Company number: NI018800
AIB Group (UK) p.l.c. Highlights of 2015 Business and Financial Performance For the year ended 31 December 2015 Company number: NI018800 Contents Page Financial and Business review 1. 2015 Performance
More informationHow To Invest In Panin Life
June 4 th 2013 Koichiro Watanabe President and Representative Director The Dai-ichi Life Insurance Company, Limited Code: 8750 (TSE First section) Investment in an Indonesian Life Insurance Company, PT
More informationMorgan Stanley Financials Conference
Morgan Stanley Financials Conference June 11, 2014 George R. Aylward President and Chief Executive Officer Important Disclosures This presentation contains statements that are, or may be considered to
More informationNN Group N.V. 30 June 2015 Condensed consolidated interim financial information
Interim financial information 5 August NN Group N.V. Condensed consolidated interim financial information Condensed consolidated interim financial information contents Condensed consolidated interim
More informationLife Insurance Corporation (Singapore)Pte Ltd UEN 201210695E MANAGEMENT REPORT 31/12/2014
Life Insurance Corporation (Singapore)Pte Ltd UEN 201210695E MANAGEMENT REPORT 31/12/2014 LIFE INSURANCE CORPORATION (SINGAPORE) PTE. LTD. For the financial year from 1 January 2014 to 31 December 2014
More informationGENERALI GROUP 1Q 2016 Results
GENERALI GROUP 1Q 2016 Results The like for like change of written premiums, life net inflows, APE and NBV is on equivalent terms (on equivalent exchange rates and consolidation area). Agenda 2 I. Profit
More informationGlobal Supply. 17 November 2011
Global Supply 17 November 2011 David Gosnell President, Global Supply and Procurement Supply goals: Enhancing margin and enabling growth Competitive advantage in cost will deliver gross margin expansion
More informationGlobal Insurance CONTENTS. Report Synopsis. Industry Surveys. March 2006. 1. Executive Summary 10. 2. Highlights 12
Industry Surveys Global Insurance www.reportsure.com March 2006 Report Synopsis In 2004 insurance premiums accounted for nearly 8% of global GDP, with a value of USD 3,244 billion. The industry grew by
More information2. The UK Life and Non-Life Insurance Market Size by Value, 2001-2015
TABLE OF CONTENTS 1. The UK Insurance Market Introduction 2. The UK Life and Non-Life Insurance Market Size by Value, 2001-3. The UK Life and Non-Life Insurance Density, Premium Per Capita, USD, 2001-4.
More informationAllianz Insurance UK. Jon Dye CEO Allianz Insurance UK. Inside Allianz Series London, June 19, 2015
Allianz Insurance UK Jon Dye CEO Allianz Insurance UK Inside Allianz Series London, June 19, 2015 Allianz Insurance UK UK at a glance Key data 2014 Population: 64.5mn GDP (GBP): 1,758bn GDP growth: 2.6%
More informationDirect Line Insurance Group plc Trading Update for the first quarter of 2016
Direct Line Insurance Group plc Trading Update for the first quarter of 4 May Direct Line Group s Trading Update relates to the first quarter ended ch, and contains information to the date of publication.
More informationGUIDELINES CONTINGENCY PLAN FOR INSURERS
GUIDELINES ON CONTINGENCY PLAN FOR INSURERS (Issued under section 7 (1) (a) of the Financial Services Act 2007 and section 130 of the Insurance Act 2005) February 2008 1 1. INTRODUCTION 1.1. The Insurance
More informationAviva Spain Bancassurance partner for life
Aviva Spain Bancassurance partner for life Gerardo Arostegui 10 November 2003 Disclaimer This presentation may contain certain forward-looking statements with respect to certain of Aviva s plans and its
More informationResults as at September 30 th 2014 Cattolica Assicurazioni Group
Results as at September 30 th 2014 Cattolica Assicurazioni Group Verona, November 13 th 2014 1 Agenda 3Q 2014 Results Non-Life Business Performance Life Business Performance Investments 2 9M 2014 Results
More informationWealth Management. Gunn Wærsted Head of Wealth Management
Wealth Management Gunn Wærsted Head of Wealth Management 1 Wealth Management in brief Strong customer franchise Well diversified business Growing business Profit, EURm #1 #1 Asset Management Life & Pension
More informationThe Allstate Corporation
The Allstate Corporation Barclays Global Financial Services Conference Thomas J. Wilson: Chairman, President, and Chief Executive Officer September 10, 2014 Safe Harbor This presentation contains forward-looking
More informationRemarks by George Quinn (slides 2, 11 and 12), Chief Financial Officer, and Vibhu Sharma (slides 3 to 10), Group Controller of Zurich Insurance Group.
Q1 Results 2014 Remarks by George Quinn (slides 2, 11 and 12), Chief Financial Officer, and Vibhu Sharma (slides 3 to 10), Group Controller of Zurich Insurance Group. May 15, 2014 Slide 2: Key messages
More information& Embedded value 2009
First quarter 2010 results & Embedded value 2009 Jan Nooitgedagt, CFO Analyst & Investor presentation May 12, 2010 Key messages o Further improvement of underlying earnings o Continued execution of strategy
More informationManagement s Discussion and Analysis for 2014
1 Business Overview Industry total premiums as of December were 504 billion baht 1, a 13.75% increase over the same period of the previous year. They can be divided into first year premiums of 171 billion
More informationThe Hartford Financial Services Group, Inc. Business Profile December 31, 2005
The Hartford Financial Services Group, Inc. Business Profile December 31, 2005 Safe Harbor Statement Certain statements made in this presentation should be considered forwardlooking statements as defined
More informationSAP Debt Investor Presentation Second Quarter 2014 Update Call Walldorf, Germany Thursday, July 24, 2014
SAP Debt Investor Presentation Second Quarter 2014 Update Call Walldorf, Germany Thursday, July 24, 2014 Safe Harbor Statement Any statements contained in this document that are not historical facts are
More informationWhole Life Insurance in the UK, Key Trends and Opportunities to 2017
Brochure More information from http://www.researchandmarkets.com/reports/2623372/ Whole Life Insurance in the UK, Key Trends and Opportunities to 2017 Description: Synopsis - The report provides market
More informationHealth Care Worldwide
Health Care Worldwide Goldman Sachs - Leveraged Finance Healthcare Conference March 4, 2014 New York Goldman Sachs Leveraged Finance Conference, Fresenius SE & Co. KGaA Copyright, March 4, 2014 Page 1
More informationHDFC Standard Life Insurance Company Limited
HDFC Standard Life Insurance Company Limited Six months ended 30 th September 2010 This document has twenty four pages. Please read the disclaimer in page twenty four Financial highlights for six months
More informationPRUDENTIAL PLC 2002 NEW BUSINESS RESULTS. Total Group insurance and investment sales of 27.6 billion, an increase of 29 per cent on 2001.
Embargo: 07.00 hrs Thursday 23 January 2003 PRUDENTIAL PLC 2002 NEW BUSINESS RESULTS Total Group insurance and investment sales of 27.6 billion, an increase of 29 per cent on 2001. Group insurance sales
More informationHow To Read The Third Quarter Results Of Prudential Plc
Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited and the Singapore Exchange Securities Trading Limited take no responsibility for the contents of this announcement, make
More informationArticle from: The Actuary. December 2011 Volume 8 Issue 6
Article from: The Actuary December 2011 Volume 8 Issue 6 16 The Actuary December 2011/January 2012 Life Insurance And The Actuarial Profession In India A Decade After Liberalization The actuarial profession
More informationThe Hartford Financial Services Group, Inc. Business Profile March 31, 2006
The Hartford Financial Services Group, Inc. Business Profile March 31, 2006 Safe Harbor Statement Certain statements made in this presentation should be considered forwardlooking statements as defined
More informationEvolvement of Financial Brokerage Market with the Inception of Discount Brokers to Raise Concerns for the Sustaina
Evolvement of Financial Brokerage Market with the Inception of Discount Brokers to Raise Concerns for the Sustainability of Full Service Brokers in India: Ken Research by Ken Research: Market Research
More informationMerrill Lynch conference Living in a 1% world 8 October 2003. Richard Harvey. Group Chief Executive
Merrill Lynch conference Living in a 1% world 8 October 2003 Richard Harvey Group Chief Executive Disclaimer This presentation may contain certain forward-looking statements with respect to certain of
More informationManaging the Challenges of Volatile FX Markets within the Accounting Parlance
Managing the Challenges of Volatile FX Markets within the Accounting Parlance Treasury Perspective 22 July 2008 TCS Public Why should we hedge? Business is exposed to several risks, currency risk being
More informationDrillisch AG Company Presentation. August 2014
Drillisch AG Company Presentation August 2014 Part 1: A Successful H1-2014 Part 2: Drillisch MBA MVNO Agreement Part 3: Guidance and Outlook Page 2 Agenda Highlights H1-2014 Trends in the Mobile Communications
More informationINTERNATIONAL JOURNAL OF MANAGEMENT (IJM)
INTERNATIONAL JOURNAL OF MANAGEMENT (IJM) International Journal of Management (IJM), ISSN 0976 6502(Print), ISSN 0976 ISSN 0976-6502 (Print) ISSN 0976-6510 (Online) Volume 4, Issue 1, January- February
More informationPhoenix Group Holdings: Q1 2015 Interim Management Statement 24 April 2015
Phoenix Group announces cash generation of 87 million in the three months to 31 March 2015 and remains on track to meet all its financial targets Financial and operational highlights in the three months
More informationAegon / Transamerica: The Implications of Living to 100 and Beyond
Aegon / Transamerica: The Implications of Living to 100 and Beyond Boca Raton, FL March 3, 2014 David Hopewell CFO Individual Savings & Retirement Transamerica Significant opportunities in the variable
More informationInvestor & Analyst Presentation Acquisition of Centor US Holding Inc. Uwe Röhrhoff, CEO Rainer Beaujean, CFO Duesseldorf, July 28, 2015
Investor & Analyst Presentation Acquisition of Centor US Holding Inc. Uwe Röhrhoff, CEO Rainer Beaujean, CFO Duesseldorf, July 28, 2015 Disclaimer 1. This presentation may contain certain forward-looking
More informationSUB: STANDARD CHARTERED PLC (THE "COMPANY") STOCK EXCHANGE ANNOUNCEMENT
April 26, 2016 To, Ms. D'souza AVP, Listing Department National Stock Exchange of India Exchange Plaza Bandra Complex Bandra (East) 400 001 Limited SUB: STANDARD CHARTERED PLC (THE "COMPANY") STOCK EXCHANGE
More informationSecure Trust Bank PLC. 2015 INTERIM RESULTS 21st July 2015
Secure Trust Bank PLC 2015 INTERIM RESULTS 21st July 2015 Introduction & business review PAUL LYNAM Chief Executive Officer Strategy continues to deliver Maximise shareholder value: To maximise shareholder
More informationColleen Johnston Group Head Finance & CFO TD Bank Financial Group. Citi Financial Services Conference
Colleen Johnston Group Head Finance & CFO TD Bank Financial Group Citi Financial Services Conference January 28, 2009 Caution regarding forward-looking statements From time to time, the Bank makes written
More informationReed Elsevier Results 2013 Erik Engstrom, CEO Duncan Palmer, CFO
Reed Elsevier Results Erik Engstrom, CEO Duncan Palmer, CFO FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements within the meaning of Section 27A of the US Securities Act of
More informationNN GROUP FINANCIAL SUPPLEMENT 4Q2014
NN GROUP FINANCIAL SUPPLEMENT 4Q2014 NN GROUP FINANCIAL SUPPLEMENT 4Q2014 INTRODUCTION The Financial Supplement includes quarterly financial trend data and is published on a quarterly basis. Rounding could
More informationCommerzbank Sector Conference Week. Rainer Zinow, Senior Vice President Cloud Unit, SAP AG Frankfurt am Main, August 28, 2013
Commerzbank Sector Conference Week Rainer Zinow, Senior Vice President Cloud Unit, SAP AG Frankfurt am Main, August 28, 2013 Safe Harbor Statement Any statements contained in this document that are not
More informationHousing Development Finance Corporation Limited
Housing Development Finance Corporation Limited March 2014 CONTENTS HDFC Snapshot Mortgage Market in India Operational and Financial Highlights: Mortgages Valuations and Shareholding Key Subsidiaries and
More information