Aventus Capital Inc. · TSXV:AVTS
Aventus Capital — The Westaim — Shareholder Meeting (May 2017)
16 slides from Aventus Capital's shareholder meeting presentation, May 18, 2017
Slide 1: Annual General Meeting
Annual General Meeting May 18, 2017
Slide 2: Disclaimer
Disclaimer Safe Harbour Statement This document and its contents are proprietary information and may not be reproduced or otherwise disseminated in whole or in part either directly or indirectly without the prior written consent of each of The Westaim Corporation (“Westaim” or the “Corporation”), Ho
Slide 3: Ian W. Delaney, Executive Chairman of the Board
Ian W. Delaney Executive Chairman of the Board The Westaim Corporation
Slide 4: Cameron MacDonald, President and Chief Executive Officer
Cameron MacDonald President and Chief Executive Officer The Westaim Corporation
Slide 5: The Westaim Corporation
The Westaim Corporation The Westaim Corporation (“Westaim”) Structure Alternative Investment Management Specialty Property and Casualty Insurance and Specialty Finance Houston International Insurance Group (“HIIG”) Arena Group Westaim has invested in two complementary platforms – specialty P&C insur
Slide 6: Fairfax Strategic Investment in Westaim
The Westaim Corporation Fairfax to Make Strategic Investment in Westaim and to Make Significant Portfolio Investment through Arena Investors(1) On April 3, 2017, Westaim announced that it had entered into a letter agreement pursuant to which Fairfax Financial Holdings Limited, through certain of i
Slide 7: Westaim 2017 First Quarter Results - Highlights
The Westaim Corporation Westaim 2017 First Quarter Results - Highlights HIIG Increase in gross written premium driven primarily by additional Three Months Ended March 31, 2017 premiums written in the Commercial and Specialty segments Gross Written Premium $130.3 Net premiums written decreased du
Slide 8: Breakdown of Book Value Per Share at March 31, 2017
The Westaim Corporation Breakdown of Book Value Per Share (“BVPS”)(1) at March 31, 2017 BVPS BVPS Entity Arena (US$) (C$) Arena Investors HIIG US$1.00 C$1.33 Origination 0.2% (43.7% owned by Westaim)(2)(3) 10.0% Arena Group Arena Finance 0.99 1.32 (100% owned by Westaim)(3) Arena Origination 0.22 0.
Slide 9: Stephen L. Way, Chairman & Chief Executive Officer, HIIG
Stephen L. Way Chairman & Chief Executive Officer Houston International Insurance Group, Ltd.
Slide 10: Houston International Insurance Group, Ltd.
Houston International Insurance Group, Ltd. Business Description Executive management with 4 subsidiary P&C Diversified specialty significant industry experience insurance companies P&C company (Chairman and CEO: and an underwriting agency Stephen L. Way) Trailing Twelve Months Invested Assets Gross
Slide 11: Houston International Insurance Group, Ltd.
Houston International Insurance Group, Ltd. Gross Written Premium(1)(2) Net Premiums Written(1)(2) For the Trailing Twelve Month Period Ended For the Trailing Twelve Month Period Ended March 31, 2017 March 31, 2017 A&H A&H Commercial Commercial 15.6% 14.9% 16.0% 15.8% MGU Partners Specialty MGU Part
Slide 12: Daniel B. Zwirn, Chief Executive Officer, The Arena Group
Daniel B. Zwirn Chief Executive Officer The Arena Group
Slide 13: Arena Group Overview
Arena Group Overview Arena Group is an investment firm and merchant Separately capital provider that seeks to generate attractive, Managed Accounts Arena risk-adjusted, stable, and uncorrelated returns by 47.1% Finance investing across the entire credit spectrum in areas 32.5% where conventional s
Slide 14: Arena Group Private Loans and Credit Investments
Arena Group Actual Underwritten Characteristics of Private Loans and Credit Investments which Arena made (March 31, 2017) Corporate Real Estate Commercial & Structured Consumer Overall Private Credit Credit(1) Industrial Finance Assets Total Coupon 12.2% 11.1% 15.2% 12.0% 14.7% 12.8% (incl. PIK) Und
Slide 15: Share Price Performance
The Westaim Corporation Share Price Performance(1) 800.0% CAGR(2) 700.0% Westaim 26.2% S&P Total Return Index 14.4% 701.4% 600.0% TSX Total Return Index 9.6% 500.0% % Gain 400.0% 300.0% 307.0% 215.1% 200.0% 100.0% 0.0% Jan-09 May-10 Oct-11 Mar-13 Jul-14 Dec-15 May-17 Westaim S&P Total Return Index T
Slide 16: The Westaim Corporation Contact
The Westaim Corporation 70 York Street, Suite 1700 Toronto, Ontario Canada M5J 1S9 www.westaim.com [email protected]