Alm. Brand A/S Q Conference Call
|
|
|
- Ashlyn Daniel
- 7 years ago
- Views:
Transcription
1 Alm. Brand A/S Q Conference Call 1
2 Non-life 4th largest in DK 500,000 customers* 200,000 Plus customers* Banking 65,000 customers* Supports non-life Life and pension 80,000 customers* Supports non-life Double-customers 25,000* Growth: 19% * Number of households/units Alm. Brand Three business areas Alm. Brand Bank Banking operations Holding company Alm. Brand A/S Alm. Brand Liv og Pension Life and Pension operations Alm. Brand Forsikring We take care of our customers Non-life operations Copenhagen Re Reinsurance in run off 2
3 Alm. Brand Highlights Q Highly unsatisfactory loss af DKK 220m Writedowns of DKK 337m in bank Very satisfactory investment performance Increasing premium level initiated New strategy in bank 3
4 Alm. Brand Non-life Highlights Q Result: DKK 42m profit Q1-Q3: DKK 231m Total premiums: DKK 1.2bn Q1-Q3: DKK 3.5bn CR: 99.1 (goal 93) Q1-Q3: 98.4 Expense ratio: 17.8% Q1-Q3: 19.2% 500,000 customers Non-life insurance 4
5 Mio.kr Alm. Brand Non-life Expenses for major claims Q1- Q Expense (2009 prices) Anticipated expense New tariffs and terms Claims-limiting activities 5
6 DKKm Alm. Brand Non-life Weather claims Anatol 2,2 mia. Erwin 833 mio Q1- Q Expense (2009 prices) Expense (Anatol and Erwin) Anticipated expense Several lighting claims Tendency towards heavier weather especially rain => Increase in premiums 6
7 Alm. Brand Non-life Claims frequency *) Q Q Q Q * Excluding major and weather claims 7
8 Good investment return Lower costs Higher claims ratio Expensive major claims Burglaries are very expensive Increase in premiums New claims-limiting activities Discounting effect: 1.0% higher claims ratio Q1-Q3: 1.5% Weaker growth because of economic recession Alm. Brand Non-life Impact on performance Pct Combined ratio 88,1 91,4 96,5 95,8 98,4 3,6 2,8 4,1 2,9 3,7 19,0 19,2 19,6 19,4 20,5 63,9 69,0 73,9 72,3 76, Q1-Q Q1-Q Claims Operating expenses Net reinsurance
9 Alm. Brand Non-life Combined ratio Combined ratio ex. weather claims and major claims Major claims Q1-Q ,0 8,0 Q1-Q ,5 10,4 Weather claims ,7 3,0 Run-off result* ,1-1,5 Combined ratio * A negative run-off result equals a run-off gain 95,8 98,4 9
10 Alm. Brand Non-life CR to be improved 2007-Q Q Q Q Q Q Q Q Q Q Q3 Alm. Brand Topdanmark Tryg (P&E DK) Premium increases of DKK 200m. Claims limiting activities 10 CoR
11 Alm. Brand Banking Highlights Q Result: DKK 312m loss Before writedowns: DKK 25m profit Result Q1-Q3: DKK 1,309m loss Before writedowns DKK 91m profit Interest margin: 2.1% Net interest up by 10% 65,000 customers 25,000 Double-customers Solvency: 16.5 % Core Capital: 11.0 % Banking 11
12 Mio.kr Alm. Brand Banking Deposits and loans Q Q Q Q Q Q Q Reduced loans and advances New strategy Deposits Loans 2,7 2,5 2,3 2,1 1,9 1,7 2,3 Interest margin p.a. 2,0 1,8 1,8 1,7 1,9 2,1 Fixed interest deposits Certain loans track Danmarks Nationalbank Deposits in Nationalbanken at low interest 1, Q Q Q Interest margin Ytd
13 Alm. Brand - Banking Loan portfolio and credit losses Lending 30 September 2009 DKKm Losses and writedowns DKKm Q3 Losses and writedowns DKKm YTD Loss rate % Q3 Loss rate % YTD Retail lending 3, % 0.4% Car finance 1, % 1.9% Agriculture 1, % 5.6% Other commercial lending 1, % 2.8% Security financing 4, % 7.3% Lending to subsidiaries 1, % 0.0% Investment properties 1, % 19.0% Residential mortgage deeds % 5.5% Commercial mortgage deeds % 36.5% Property development projects % 76.3% Private Contingency Association Total 15, , % 8.6% 13
14 Alm. Brand - Banking Loan portfolio and credit losses Lending 30 September 2009 DKKm Losses and writedowns DKKm Q3 Losses and writedowns DKKm YTD Loss rate % Q3 Loss rate % YTD Retail lending 3, % 0.4% Car finance 1, % 1.9% Agriculture 1, % 5.6% Other commercial lending 1, % 2.8% Security financing 4, % 7.3% Lending to subsidiaries 1, % 0.0% Investment properties 1, % 19.0% Residential mortgage deeds % 5.5% Commercial mortgage deeds % 36.5% Property development projects % 76.3% Private Contingency Association Total 15, , % 8.6% 14
15 Alm. Brand - Banking Loan portfolio and credit losses Lending 30 September 2009 DKKm Losses and writedowns DKKm Q3 Losses and writedowns DKKm YTD Loss rate % Q3 Loss rate % YTD Retail lending 3, % 0.4% Car finance 1, % 1.9% Agriculture 1, % 5.6% Other commercial lending 1, % 2.8% Security financing 4, % 7.3% Lending to subsidiaries 1, % 0.0% Investment properties 1, % 19.0% Residential mortgage deeds % 5.5% Commercial mortgage deeds % 36.5% Property development projects % 76.3% Private Contingency Association Total 15, , % 8.6% 15
16 Alm. Brand - Banking Loan portfolio and credit losses Lending 30 September 2009 DKKm Losses and writedowns DKKm Q3 Losses and writedowns DKKm YTD Loss rate % Q3 Loss rate % YTD Retail lending 3, % 0.4% Car finance 1, % 1.9% Agriculture 1, % 5.6% Other commercial lending 1, % 2.8% Security financing 4, % 7.3% Lending to subsidiaries 1, % 0.0% Investment properties 1, % 19.0% Residential mortgage deeds % 5.5% Commercial mortgage deeds % 36.5% Property development projects % 76.3% Private Contingency Association Total 15, , % 8.6% 16
17 Alm. Brand Banking Writedowns Especially on corporate mortgage deeds and a single property development project Increasing contributions to Private Contingency Association 10,00% 9,00% 8,00% 7,00% 6,00% 5,00% Writedowns p.a. 8,60% 9,0% 8,0% 7,0% 6,0% 5,0% Accumulated writedown ratio 8,27% 4,00% 4,0% 3,00% 2,00% 1,00% 0,00% -1,00% 1,75% -0,17% -0,27% Q1-Q ,0% 2,0% 1,0% 0,0% 2,25% 1,15% 0,66% Q1-Q Excluding credit-related value adjustments on mortgage 17
18 Alm. Brand Banking Funding situation Long cheap funding DKK 1,3bn paid back in September Relative growth in deposits Capital from Alm. Brand A/S of DKK 300m Alm. Brand converts DKK 250m of liable capital into share capital Received DKK 856m through the Second Bank Package Procurement of capital Repayment structure for loans issued by Alm. Brand Bank Subordinated 4% Millions DKK 4,000 3,500 3,000 2,500 2,000 1,500 1,000 Long term funding 35% Deposits, retail 51% Deposits, w holesale 10% 18
19 Alm. Brand Banking New strategy (1) Discontinued activities Investment properties Mortgage deeds Trading and investments Loans to property development projects Corporate finance Leasing and loans through car dealers 19
20 Alm. Brand Banking New strategy (2) Continued activities Private, SME and agriculture Deposits/loans Investments Leasing Fleet Alm. Brand Markets Analysis PM 20
21 Alm. Brand Life and Pension Highlights Q Result: DKK 70m profit Q1-Q3: DKK 107m Collective bonus potential: DKK 120m Shadow account balance: DKK 80 Gross premiums: DKK 136m Growth: -7% Q1-Q3: DKK 466m Provisions: DKK 11.2bn 80,000 customers Life & Pension 21
22 Alm. Brand Life and Pension Investments Q1-Q Very satisfactory performance Very strong investment return 7.2% Low costs => Collective bonus potential: DKK 120m Return on investments (OE) 4.4% Return on investments (customers) 7.2% Bonds etc. 6.1% Equities 26.4% Properties 3.7% Total equity exposure about 10% Rate of interest (customers) p.a. 3.0% 22
23 Copenhagen Re Sold on 29 May 2009 Approved by financial supervisory authorities on 15 October 2009 Actual sale completed Not affecting the expectations for the group as a whole 23
24 Alm. Brand Highlights Still unsatisfactory performance Writedowns has slowed down Many claims Premium increases New strategy for the bank will change scope and costs 24
25 Disclaimer The statements made in this presentation are based on current expectations, estimates and projections made by management. All statements about future financial performance are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by the statements. All statements about future financial performance made in this presentation are solely based on information known at the time of the preparation of the last published financial report, and the company assumes no obligation to update these statements, whether as a result of new information, future events, or otherwise." 25
26 Alm. Brand A/S Q Conference Call 26
Alm. Brand A/S Annual Report 2008 Handelsbanken
Alm. Brand A/S Annual Report 2008 Handelsbanken 1 Non-life 4th biggest in DK 500,000 customers* 200,000 Plus customers* Banking 65,000 customers* Supports non-life Life & pension 80,000 customers* Supports
Alm. Brand Forsikring A/S Nordic Insurance Seminar
Alm. Brand Forsikring A/S Nordic Insurance Seminar 1 Alm. Brand Forsikring A/S Non-life Since 1792 Main business activity in financial group 4th largest non-life company in DK 400,000 customers* 200,000
ALM. BRAND A/S Results for H1 2011
ALM. BRAND A/S Results for H1 2011 Conference call 25 August 2011 1 G R O U P The Alm. Brand Group Nonlife insurance Banking Life insurance Denmark's 4th largest nonlife insurer Market share of some 10%
Alm. Brand A/S H1 2008 Analysts
Alm. Brand A/S H1 2008 Analysts The Alm. Brand Group Alm. Brand A/S Alm. Brand Bank Alm. Brand Forsikring Alm. Brand Liv og Pension Kjøbenhavnske Re Alm. Brand A/S Highlights H1 2008 Profit: DKK 105m Not
SEB NORDIC SEMINAR 2014. By Christian Sagild CEO
SEB NORDIC SEMINAR 2014 By Christian Sagild CEO 1 1 AGENDA Equity story The Danish non-life market Hard to penetrate the Danish non-life market Key drivers of future performance Topdanmark s strategic
Alm. Brand A/S Midtermolen 7 DK-2100 Copenhagen Ø registration (CVR) no. 77 33 35 17 ALM. BRAND A/S. interim repor t -the third quar ter of year 2011
Alm. Brand A/S Midtermolen 7 DK-2100 Copenhagen Ø registration (CVR) no. 77 33 35 17 ALM. BRAND A/S interim repor t -the third quar ter of year 2011 ALM. BRAND A/S ÅRSRAPPORT 2010 1 CONTENTS COMPANY INFORMATION
Alm. Brand Bank. third quarter. Alm. Brand Bank A/S Midtermolen 7 2100 Copenhagen Ø Registration (CVR) NO. 81753512
Alm. Brand Bank third quarter Alm. Brand Bank A/S Midtermolen 7 2100 Copenhagen Ø Registration (CVR) NO. 81753512 CONTENTS COMPANY INFORMATION 2 Company information 2 structure MANAGEMENT S REVIEW 3 Financial
Q2 and H1 2014 results. Investor presentation. Follow us on Twitter: @TrygIR
Q2 and H1 2014 results Investor presentation Follow us on Twitter: @TrygIR Contents Highlights Q2 2014 3 Premiums and portfolio 9 Claims 14 Investment and capitalisation 19 For new investors 23 Appendix
Alm. Brand A/S Midtermolen 7 DK-2100 Copenhagen Ø registration (CVR) no. 77 33 35 17 ALM. BRAND A/S. interim repor t - first half of year 2011
Alm. Brand A/S Midtermolen 7 DK-2100 Copenhagen Ø registration (CVR) no. 77 33 35 17 ALM. BRAND A/S interim repor t - first half of year 2011 ALM. BRAND A/S ÅRSRAPPORT 2010 1 CONTENTS COMPANY INFORMATION
Danske Markets Nordic Insurance Conference 21 September 2007. by Poul Almlund Chief Executive Officer
Danske Markets Nordic Insurance Conference 21 September 2007 by Poul Almlund Chief Executive Officer Agenda Nordic non-life consolidation versus barriers to entry Will rising interest rates increase price
Alm. Brand A/S Midtermolen 7 DK-2100 Copenhagen Ø registration (CVR) no. 77 33 35 17 ALM. BRAND A/S. interim report - the first quarter of 2011
Alm. Brand A/S Midtermolen 7 DK-2100 Copenhagen Ø registration (CVR) no. 77 33 35 17 ALM. BRAND A/S interim report - the first quarter of 2011 ALM. BRAND A/S ÅRSRAPPORT 2010 1 CONTENTS COMPANY INFORMATION
Q2 and H1 2015 results
Q2 and H1 2015 results Webcast presentation 10 July 2015 Follow us on Twitter: @TrygIR Disclaimer Certain statements in this presentation are based on the beliefs of our management as well as assumptions
Alm. Brand Bank. interim report - first half of year 2012. Alm. Brand Bank A/S Midtermolen 7 2100 Copenhagen Ø Registration (CVR) NO.
Alm. Brand Bank interim report - first half of year 2012 Alm. Brand Bank A/S Midtermolen 7 2100 Copenhagen Ø Registration (CVR) NO. 81753512 Alm. Brand Bank annual report 2011 1 CONTENTS COMPANY INFORMATION
Alm. Brand Bank. first half of year. Alm. Brand Bank A/S Midtermolen 7 2100 Copenhagen Ø Registration (CVR) NO. 81753512
Alm. Brand Bank first half of year Alm. Brand Bank A/S Midtermolen 7 2100 Copenhagen Ø Registration (CVR) NO. 81753512 CONTENTS COMPANY INFORMATION 2 Company information 2 structure MANAGEMENT S REVIEW
TOPDANMARK'S EQUITY STORY
TOPDANMARK'S EQUITY STORY 1 1 SHARE PROFILE Focused strategy Danish player Stable insurance risks Low expense ratio Limited financial risk Efficient capital management Synergy between life and non-life
Alm. Brand Q1 2016 COMPANY INFORMATION. 2 Company information 2 Group structure MANAGEMENT S REVIEW
Contents COMPANY INFORMATION 2 Company information 2 Group structure MANAGEMENT S REVIEW 3 Financial highlights and key ratios 4 The Alm. Brand Group 8 Non-life insurance 13 Life and Pension 17 Banking
Danske Markets Navigating the Nordics CFO Tor Lønnum. Download presentation at Tryg.com
Danske Markets Navigating the Nordics CFO Tor Lønnum Download presentation at Tryg.com 1 Disclaimer Certain statements in this presentation are based on the beliefs of our management as well as assumptions
NASDAQ OMX Copenhagen A/S. Preliminary announcement of financial statements 2014 24 February 2015
NASDAQ OMX Copenhagen A/S EXECUTIVE BOARD Vestergade 8-16 DK-8600 Silkeborg Tel.: +45 89 89 89 89 Fax: +45 89 89 19 99 www. jyskebank.dk E-mail: jyskebank@jyskebank.dk Business reg. no. DK17616617 - Preliminary
Alm. Brand Bank annual report
Alm. Brand Bank annual report Alm. Brand Bank A/S Midtermolen 7 DK-2100 Copenhagen Ø Registration (CVR) no. 81 75 35 12 Alm. Brand Bank annual report 2012 1 2 Alm. Brand Bank annual report 2012 Contents
Annual Report 2011. Topdanmark A/S Reg.No. 78040017
Annual Report 2011 Topdanmark A/S Reg.No. 78040017 Share profile The Topdanmark share is a value case not a growth case Focused strategy ydanish player ystable insurance risks ylow expense ratio ylimited
Topdanmark A/S. annual report 2012. Reg.No. 78040017
Topdanmark A/S annual report 2012 Reg.No. 78040017 Share profile The Topdanmark share is a value case not a growth case Focused strategy }} Danish player }} Stable insurance risks }} Low expense ratio
ALM. BRAND A/S MIDTERMOLEN 7 DK - 2100 COPENHAGEN Ø REGISTRATION (CVR) NO. 77 33 35 17. anvendt regnskabspraksis ALM. BRAND A/S WWW.ALMBRAND.
ALM. BRAND A/S MIDTERMOLEN 7 DK - 2100 COPENHAGEN Ø REGISTRATION (CVR) NO. 77 33 35 17 anvendt regnskabspraksis ALM. BRAND A/S A N N UA L R E P O R T 2 0 0 9 WWW.ALMBRAND.DK A LM BRAND. S U N DA/S FO R
Sydbank s preliminary announcement of 2006 annual results
Copenhagen Stock Exchange London Stock Exchange Bourse de Luxembourg Other stakeholders Stock Exchange Announcement No 01/07 Group Executive Management Peberlyk 4 PO Box 1038 DK-6200 Aabenraa Tel +45 74
Solid operating profit in Q1 2016 28 April 2016
Investor Presentation Solid operating profit in Q1 2016 28 April 2016 Árni Ellefsen, CEO Disclaimer This presentation contains statements regarding future results, which are subject to risks and uncertainties.
Bank Forsikring Pension. Annual Report. Alm. Brand. Take good care of what matters most
Bank Forsikring Pension Annual Report Alm. Brand Take good care of what matters most CONTENTS Contents 03 04 05 70 Alm. Brand in brief Our business model Management s review Financial statements 05 Overview
Half-year report 2016
Half-year report 2016 Tryg Forsikring A/S (CVR-no. 24260666) Contents Company details... 2 Management s report... 3 Statement by the Supervisory Board and the Executive Management... 15 Tryg Forsikring
Today, the Board of Directors of DLR Kredit A/S approved the Interim Report for the first quarter of 2014.
24 April 2014 To NASDAQ OMX Copenhagen -------------------------------------------- Today, the Board of Directors of DLR Kredit A/S approved the Interim Report for the first quarter of 2014. We enclose
Today, the Board of Directors of DLR Kredit A/S approved the Interim Report for the first three quarters of 2014.
23 October 2014 To NASDAQ Copenhagen ------------------------------------- Today, the Board of Directors of DLR Kredit A/S approved the Interim Report for the first three quarters of 2014. We enclose the
Delivering superior customer experiences and stable returns. Gjensidige Insurance Group July 2015
Delivering superior customer experiences and stable returns Gjensidige Insurance Group July 2015 Attractive value proposition Proven track-record Strong position in attractive market place Scalable hard-to-copy
Half-year report 2012 Tryg Forsikring A/S
Half-year report 2012 Tryg Forsikring A/S (CVR-no. 24260666) Contents Company details... 3 Management s report... 4 Statement by the Supervisory Board and the Executive Management... 15 Accounts Tryg Forsikring
Jyske Bank Interim Financial Report Q1 - Q3 2015
Jyske Bank Interim Financial Report Q1 - Q3 Jyske Bank corporate announcement No. 11/, of 29 October Page 1 of 54 Interim Financial Report, first nine months of Management s Review The Jyske Bank Group
Further focus on retail banking
Further focus on retail banking Building a platform for future growth Tonny Thierry Andersen, CFO, Danske Bank 2 December 2004 Executive summary High rated retail bank focusing on the north European markets
Danske Markets Nordic Insurance Seminar 2009 10 June 2009
Danske Markets Nordic Insurance Seminar 2009 10 June 2009 Earnings cyclicality and the strategy for managing this cyclicality by Christian Sagild CEO, Topdanmark 1 Markedspladsen Trend in gross profit
Half-year report 2015 Tryg Forsikring A/S
Half-year report 2015 Tryg Forsikring A/S (CVR-no. 24260666) Contents Company details... 3 Management s report... 4 Statement by the Supervisory Board and the Executive Management...16 Accounts Tryg Forsikring
ALM. BRAND A/S MIDTERMOLEN 7 DK-2100 COPENHAGEN Ø REGISTRATION NUMBER CVR 77333517 ALM. BRAND A/S ANNUAL REPORT 2007
ALM. BRAND A/S MIDTERMOLEN 7 DK-2100 COPENHAGEN Ø REGISTRATION NUMBER CVR 77333517 ALM. BRAND A/S ANNUAL REPORT 2007 WWW.ALMBRAND.DK ALM.SUND FORNUFT CONTENTS 2 COMPANY INFORMATION 3 GROUP STRUCTURE 4
Codan Longer term profitability and capital management CEO Jens Erik Christensen. 8 September 2005 Danske Equities
Codan Longer term profitability and capital management CEO Jens Erik Christensen 8 September 2005 Danske Equities Tre Kronor Försäkring AB Strong Nordic position with attractive brands % General insurance
ANNUAL REPORT 2015 EXSTRACT. PensionDanmark A/S CVR nr. 16163279
ANNUAL REPORT 2015 EXSTRACT PensionDanmark A/S CVR nr. 16163279 Summary A year of growth for PensionDanmark In 2015 companies, which have PensionDanmark as a pension scheme provider, experienced growth
Danica Pension. Chief Executive Officer Henrik Ramlau-Hansen Danica. Capital Markets Day 4 December 2002
Danica Pension Chief Executive Officer Henrik Ramlau-Hansen Danica Capital Markets Day 4 December 2002 Company Profile Danicas history in brief 1842 Livrente og forsørgelsesanstalten af 1842 1893 Change
Extract from. Études et Dossiers No. 397. 15 th Meeting of The Geneva Association s Amsterdam Circle of Chief Economists
International Association for the Study of Insurance Economics Études et Dossiers Extract from Études et Dossiers No. 397 15 th Meeting of The Geneva Association s Amsterdam Circle of Chief Economists
SEK M Q4 02 Q3 02 Q2 02 Q1 02 Q4 01 Q3 01 Sales volume insurance (weighted*) Total 5,741 4,517 5,393 8,254 6,802 6,032
Appendix 1 SEB Trygg Liv SEB Trygg Liv represents the SEB Group s life insurance business according to a bank-assurance concept, i.e. an integrated banking and insurance business. The purpose of the concept
Interim report Q2 and H1 2013
Interim report Q2 and H1 2013 Contents Interim report Q2 and H1 2013 Page Management s review Highlights 1 Income overview 2 Results 3 Private 8 Commercial 10 Corporate 12 Sweden 14 Investment activities
Annual Report. Alm Brand Bank. Take good care of what matters most
Annual Report Alm Brand Bank Take good care of what matters most 2 Alm. Brand Bank Annual Report 2014 Contents 04 Company information 38 Auditors report 05 Group structure 40 Financial statements 41 Income
Annual Report. Alm Brand Bank. Take good care of what matters most
Annual Report Alm Brand Bank Take good care of what matters most 2 Alm. Brand Bank Annual Report 2014 Contents 04 Company information 38 Auditors report 05 Group structure 40 Financial statements 41 Income
Annual Report. Alm Brand. Take good care of what matters most
Annual Report Alm Brand Take good care of what matters most 2 Alm. Brand Annual Report 2014 Alm. Brand Annual Report 2014 3 Address Alm. Brand Midtermolen 7 2100 Copenhagen Ø Denmark Telephone: +45 35
Annual Report. Alm Brand. Take good care of what matters most
Annual Report Alm Brand Take good care of what matters most 2 Alm. Brand Annual Report 2014 Alm. Brand Annual Report 2014 3 Address Alm. Brand Midtermolen 7 2100 Copenhagen Ø Denmark Telephone: +45 35
Interim report 3rd quarter 2014. Gjensidige Insurance Group
Interim report 3rd quarter 2014 Gjensidige Insurance Group Group highlights Third quarter 2014 In the following, figures in brackets indicate the amount or percentage for the corresponding period last
Contents. 36 Auditors reports. 4 Company information. 38 Financial statements. 5 Group structure. 7 Management s review. 94 Definitions of ratios
Annual Report Alm Brand Bank 2013 Alm. Brand Bank A/S / Midtermolen 7 / DK-2100 Copenhagen Ø / Registration (CVR) Alm. Brand no. 81 Bank 75 35 annual 12 report 2013 1 2 Alm. Brand Bank annual report 2013
Report 2. Statement and reports 15
Contents Report 2 Supplementary/corrective information on the annual report for 214 - Financial highlights for Danica Pension (corrected) 4 - Financial highlights for the Danica Pension (Annual Report
Interim report 2009 AKTIESELSKABET
Interim report 2009 AKTIESELSKABET Interim report 2009 1 A/S Arbejdernes Landsbank Key figures 2 Management review for first half year of 2009 4 Income statement for first half year of 2009 5 Balance sheet
Goldman Sachs European Financials Conference 3 June 2009
Goldman Sachs European Financials Conference 3 June 2009 The outlook for returns in Nordic (Danish) P&C Opportunities vs. Threats by Christian Sagild CEO, Topdanmark 1 Markedspladsen Trend in gross profit
Gjensidige Insurance Group Q4 2008 and preliminary 2008
Gjensidige Insurance Group Q4 2008 and preliminary 2008 Disclaimer The information contained herein has been prepared by and is the sole responsibility of Gjensidige Forsikring BA ( the Company ). Such
Report of the Board of Directors
Report of the Board of Directors First quarter (Consolidated figures. Figures in parentheses refer to the same period of 2013 unless otherwise stated) Pre-tax profit: NOK 597m (390m) First quarter net
Q2 2003 Sales volume insurance (weighted*) Total 7,298 6,261 5,741 4,517 5,393 8,254 Q1 2003 Q4 2002 Q1 2002 Q3 2002
Appendix 1 SEB Trygg Liv SEB Trygg Liv represents the SEB Group s life insurance business according to a bank-assurance concept, i.e. an integrated banking and insurance business. The purpose of the concept
Sydbank s Interim Report Q1 2015
SYDBANK INTERIM REPORT Q1 2015 Sydbank s Interim Report Q1 2015 Historically high income good start to the year CEO Karen Frøsig comments on the interim financial statements: - We have had a good start
Interim report Q2 and H1 2010 report
Interim report Q2 and H1 2010 report Content Interim report Q2 and H1 2010 report Page Management s report Highlights 3 Financial highlights 4 Group performance 6 Private Nordic 10 Commercial Nordic 12
Sparebanken Hedmark Financial result Third quarter 2015
Sparebanken Hedmark Financial result Third quarter 2015 Sparebanken Hedmark Third quarter 2015 Stable development and falling unemployment rate in Hedmark - Hedmark and Oppland are two of the country`s
PRE-TAX PROFIT OF DKK 533 MILLION AND PRE-TAX ROE OF 29.4 % - ALL-TIME HIGH
Vis hjælpeli ved placerin 1. Højreklik og vælg g 2. Sæt kryds hjælpelinj 3. Vælg OK Skriv dato in PRE-TAX PROFIT OF DKK 533 MILLION AND PRE-TAX ROE OF 29.4 % - ALL-TIME HIGH Presentation of Spar Nord s
Interim Report 4th quarter and preliminary result 2014. Gjensidige Insurance Group
Interim Report 4th quarter and preliminary result 2014 Gjensidige Insurance Group Group highlights Fourth quarter and preliminary result 2014 In the following, figures in brackets indicate the amount or
STRENGHTENING THE CAPITAL POSITION
STRENGHTENING THE CAPITAL POSITION Rights issue March 2012 Roadshow March 2012 CEO Lasse Nyby and SVP Ole Madsen DISCLAIMER This presentation does not constitute or form part of and should not be construed
Announcement of Financial Results 1999. for. Den Danske Bank Group
Announcement of Financial Results 1999 for Den Danske Bank Group 2 Den Danske Bank Group Highlights Core earnings and net profit for the year (DKr million) 1999 1998 1997 1996 1995 Net interest income,
CNP Assurances signs a longterm strategic partnership in insurance in Europe with Banco Santander. 10 th July 2014
CNP Assurances signs a longterm strategic partnership in insurance in Europe with Banco Santander 0 th July 04 Disclaimer «Some of the statements contained in this document may be forward-looking statements
Danish Small Cap Bank Seminar
Danish Small Cap Bank Seminar Lasse Nyby, CEO Danske Bank, 16 March 2009 Hot topics in banking nowadays Asset quality Capitalization Liquidity VS 2 20 A Year of Extremes Core business is still satisfactory
SPAR NORD AND SPARBANK CONTEMPLATE MERGER
Skriv dato in Vis hjælpeli ved placerin 1. Højreklik og vælg g 2. Sæt kryds hjælpelinj 3. Vælg OK SPAR NORD AND SPARBANK CONTEMPLATE MERGER Investor and analyst briefing 18 September 2012 DISCLAIMER The
The Spar Nord Bank Group s report for the first three quarters of 2002
To the Copenhagen Stock Exchange and the Press 30 October 2002 Stock Exchange Announcement No. 14, 2002 Contact person: Keld Gammelgaard Phone +45 96 34 40 10 The Spar Nord Bank Group s report for the
Presentation of consolidated results as at 31 March 2014. Carlo Cimbri CEO Bologna, 15 May 2014
Presentation of consolidated results as at 31 March 2014 Carlo Cimbri CEO Bologna, 15 May 2014 Consolidated results Insurance business Non-Life insurance business Life insurance business Agenda Banking
Announcement to the Copenhagen Stock Exchange 11/2005 12 August 2005 HALF-YEAR REPORT 2005
Announcement to the Copenhagen Stock Exchange 11/2005 12 August 2005 HALF-YEAR REPORT 2005 The BANK of Greenland Half-Year Report 2005 1/11 FINANCIAL HIGHLIGHTS and KEY FIGURES half-year half-year 2nd
SEK M Q2 02 Q1 02 Q4 01 Q3 01 Q2 01 Q1 01 Sales volume insurance (weighted*) Total 5,393 8,254 6,802 6,032 7,535 8,276
Appendix 1 SEB Trygg Liv SEB Trygg Liv represents the SEB Group s life insurance business according to a bank-assurance concept, i.e. an integrated banking and insurance business. The purpose of the concept
NYKREDIT BANK A/S A SUBSIDIARY OF NYKREDIT REALKREDIT A/S CONSOLIDATED IN THE NYKREDIT GROUP'S FINANCIAL STATEMENTS
To Nasdaq Copenhagen and the press 5 February 2015 NYKREDIT BANK A/S A SUBSIDIARY OF NYKREDIT REALKREDIT A/S CONSOLIDATED IN THE NYKREDIT GROUP'S FINANCIAL STATEMENTS ANNOUNCEMENT OF FINANCIAL STATEMENTS
Half-year report 2013 Tryg Forsikring A/S
Half-year report 2013 Tryg Forsikring A/S (CVR-no. 24260666) Contents Company details... 3 Management s report... 4 Statement by the Supervisory Board and the Executive Management...20 Accounts Tryg Forsikring
Annual report 2005. Tryg Forsikring A/S (CVR-no. 24260666)
Annual report 2005 Tryg Forsikring A/S (CVR-no. 24260666) Contents Company details 1 Management s report 2 Financial highlights and key ratios of Tryg Forsikring A/S (Parent company) 24 Statement by the
Annual Report and Accounts 2002. Tryg Forsikring A/S (Bus.Reg.No. 24260666)
Annual Report and Accounts 2002 Tryg Forsikring A/S (Bus.Reg.No. 24260666) List of Contents Company Details...1 Directors Report...2 Investment Activities...4 Subsidiary Undertakings of Tryg Forsikring
Interim Report Second Quarter 2002
Copenhagen, Helsinki, Oslo, Stockholm, 22 August 2002 Interim Report Second Quarter 2002 Stable profit excluding investment earnings Operating profit before investment earnings EUR 409m, unchanged compared
THE EMPIRE LIFE INSURANCE COMPANY
THE EMPIRE LIFE INSURANCE COMPANY Condensed Interim Consolidated Financial Statements For the nine months ended September 30, 2013 Unaudited Issue Date: November 6, 2013 These condensed interim consolidated
Investeringsselskabet. Nasdaq OMX Copenhagen A/S Announcement No 7 Nikolaj Plads 6 page 1 of 19 PO Box 1040 date 27 August 2015
Investeringsselskabet LUXOR Frederiksborggade 50, 1360 København K Telefon 33 32 50 15 Telefax 33 12 41 70 CVR-nr. 49 63 99 10 Nasdaq OMX Copenhagen A/S Announcement No 7 Nikolaj Plads 6 page 1 of 19 PO
6 FINANCIAL HIGHLIGHTS AND KEY RATIOS
ALM. BRAND bank A/S Midtermolen 7 2100 københavn ø registration (CVR) NO. 81 75 35 12 ALM. BRAND BANK A/S a n n u a l Re P O R T 2 0 0 9 WWW.ALMBRAND.DK ALM. BRAND ALM. sund BANK A/S FORNUFT annual report
Postbank Group Interim Management Statement as of September 30, 2013
Postbank Group Interim Management Statement as of September 30, 2013 Preliminary Remarks Macroeconomic Development Business Performance Preliminary Remarks This document is an interim management statement
BOŚ S.A. GROUP Q3 2012
BOŚ S.A. GROUP Q3 2012 PU\Warsaw\Bos\C20120377 Agenda 1. Key information about BOŚ S.A. Group 2. BOŚ S.A. Group after Q3 2012 Appendices 2 3 Key information about BOŚ S.A. Group BOŚ S.A. Group Bank Ochrony
Contents. We offer a broad range of insurance products to both private individuals and businesses.
Annual report 2012 Contents 1 Income overview 2 Introduction by the Chairman 3 Introduction by the Group CEO 4 Highlights of the year 8 Strategy and Key Performance Indicators 10 Customers 12 Insurance
Sydbank s Interim Report First Half 2015
SYDBANK INTERIM REPORT FIRST HALF 2015 Sydbank s Interim Report First Half 2015 Sydbank reports historically high core income and growth in lending for sixth consecutive quarter CEO Karen Frøsig comments
Presentation of consolidated results as at 30 June 2014. Carlo Cimbri CEO Bologna, 6 August 2014
Presentation of consolidated results as at 30 June 2014 Carlo Cimbri CEO Bologna, 6 August 2014 Unipol Group key operations Consolidated results Insurance business Non-Life insurance business Agenda Life
Sydbank s Interim Report Q1-Q3 2014
SYDBANK INTERIM REPORT Q1-Q3 2014 Sydbank s Interim Report Q1-Q3 2014 Sydbank s plan to increase profitability is generating results CEO Karen Frøsig comments on the interim financial statements: - Q3
FINNISH INSURANCE IN 2014 PUBLICATIONS AND SURVEYS 2015 27 APRIL 2015
FINNISH INSURANCE IN 2014 PUBLICATIONS AND SURVEYS 2015 27 APRIL 2015 FINNISH INSURANCE IN 2014 1 FINNISH INSURANCE IN 2014 2 FINNISH INSURANCE IN 2014 CONTENTS Highlights 4 Insurance market developments
FINANCIAL STATEMENTS. 38 Financial statements. 105 Group chart 106 Glossary 107 Products
Annual report 2014 Menu Management s review MANAGEMENT S REVIEW 3 Income overview 16 Commercial 18 Corporate 34 Group Executive Management 36 Corporate Social Responsibility in Tryg Learn more 4 Introduction:
Annual report 2013 Tryg Forsikring A/S
Annual report 2013 Tryg Forsikring A/S (CVR-no. 24260666) Contents Company details... 3 Management s review... 4 Statement by the Supervisory Board and the Executive Management...40 Independent auditor's
1 Regional Bank Regional banks specialize in consumer and commercial products within one region of a country, such as a state or within a group of states. A regional bank is smaller than a bank that operates
Arranged by: Tryg Forsikring A/S. Tier 2 subordinated bond issue. Company presentation May 2016
Arranged by: Tryg Forsikring A/S Tier 2 subordinated bond issue Company presentation May 2016 Important information Disclaimer Certain statements in today s presentations are based on the beliefs of our
FINANCIAL REVIEW Financial highlights 2 Financial results Danica strategy
Contents FINANCIAL REVIEW Financial highlights 2 Financial results Danica strategy 3 3 The financial markets 5 Investment return 5 Development in costs 6 Development in balance sheet items 6 Risks and
Rella Holding A/S in liquidation CVR-No. 15 35 94 39. Final Liquidation Accounts 1 January 2015 13 July 2015
CVR-No. 15 35 94 39 Final Liquidation Accounts 1 January 2015 13 July 2015 1 CONTENTS Page STATEMENT BY THE LIQUIDATOR... 2 STATEMENT BY THE COMPANY S INDEPENDENT AUDITOR 3 COMPANY INFORMATION.. 5 KEY
Annual report 2014 Tryg Forsikring A/S
Annual report 2014 Tryg Forsikring A/S (CVR-no. 24260666) Contents Company details... 3 Management s review... 4 Statement by the Supervisory Board and the Executive Management... 37 Independent auditor's
Getin Holding Group s Financial Results for the first 9 months of 2011
Getin Holding Group s Financial Results for the first 9 months of 2011 a presentation of unaudited financial results for investors and analysts Warsaw, 10 November 2011 Disclaimer This presentation ( Presentation
Q3 INTERIM MANAGEMENT STATEMENT Presentation to analysts and investors. 28 October 2014
INTERIM MANAGEMENT STATEMENT Presentation to analysts and investors 28 October HIGHLIGHTS FOR THE FIRST NINE MONTHS OF Continued successful execution of our strategy and further improvement in financial
Topdanmark. Risk segmentation and the Danish private market
Topdanmark Risk segmentation and the Danish private market Agenda Market place Competitive situation Financial ratios Trends in the private market Risk management Profitability on product level Micro rating
SBERBANK GROUP S IFRS RESULTS. March 2015
SBERBANK GROUP S IFRS RESULTS 2014 March 2015 SUMMARY OF PERFORMANCE FOR 2014 STATEMENT OF PROFIT OR LOSS Net profit reached RUB 290.3bn (or RUB 13.45 per ordinary share), compared to RUB 362.0bn (or RUB
AXA s approach to Asset Liability Management. HELVEA Insurance Capital Adequacy and Solvency Day April 28th, 2005
AXA s approach to Asset Liability Management HELVEA Insurance Capital Adequacy and Solvency Day April 28th, 2005 ALM in AXA has always been based on a long-term view Even though Solvency II framework is
FINNISH INSURANCE IN 2012 PUBLICATIONS AND RESEARCH 2013 30 APRIL 2013
FINNISH INSURANCE IN 2012 PUBLICATIONS AND RESEARCH 2013 30 APRIL 2013 FINNISH INSURANCE IN 2012 1 FINNISH INSURANCE IN 2012 2 FINNISH INSURANCE IN 2012 CONTENTS Highlights 4 Market developments 5 Corporate
Overview Q1 2009 YTD 09 YTD 08 -35 37. Core income in DKK million. Cost and expenses in DKK million 399 343
Q1 29 Satisfactory growth in earnings before impairment - impairment of loans and advances and contributions to sectortargeted solutions slice pre-tax profits to DKK 49 million 29 April 29 Overview Q1
FIRST BANKS, INC. ST. LOUIS, MISSOURI NEWS RELEASE FOR IMMEDIATE RELEASE: First Banks, Inc. Announces First Quarter 2014 Results
FIRST BANKS, INC. ST. LOUIS, MISSOURI NEWS RELEASE Contacts: Terrance M. McCarthy Lisa K. Vansickle President and Executive Vice President and Chief Executive Officer Chief Financial Officer First Banks,
Norwegian insurance market and. Gjensidige s ambitions. December 1, 2008
Norwegian insurance market and Gjensidige s ambitions Disclaimer The information contained herein has been prepared by and is the sole responsibility of Gjensidige Forsikring BA ( the Company ). Such information
Note 8 - Loans and advances to customers
Note 8 - Loans and advances to customers 2013 2014 (NOK million) 2014 2013 Loans specified by type - - Financial lease 1,937 1,877 11,547 12,523 Bank overdraft and operating credit 12,523 11,547 3,277
CREDIT UPDATE. Copenhagen Roadshow June 2015
CREDIT UPDATE Copenhagen Roadshow June 2015 DISCLAIMER The information contained in this presentation shall not constitute an offer to sell or the solicitation of an offer to buy securities of Spar Nord