Zurich Insurance Group Ltd · SIX:ZURN
Zurich Insurance — FY2012 Earnings Presentation
16 slides from Zurich Insurance's earnings presentation, Feb 14, 2013
Slide 1: Annual results 2012
Annual results 2012 Media presentation with CEO Martin Senn and CFO Pierre Wauthier February 14, 2013
Slide 2: Agenda
Agenda Introduction Martin Senn Annual results 2012 Martin Senn / Pierre Wauthier Q&A Closing remarks Martin Senn © Zurich Insurance Company Ltd February 14, 2013 Annual Results 2012 2
Slide 3: Disclaimer and cautionary statement
Disclaimer and cautionary statement Certain statements in this document are forward-looking statements, including, but not limited to, statements that are predications of or indicate future events, trends, plans or objectives of Zurich Insurance Group Ltd or the Zurich Insurance Group (the Group). F
Slide 4: Introduction
Introduction Martin Senn Chief Executive Officer February 14, 2013
Slide 5: FY 2012 results key messages
FY 2012 results key messages Strong capital and cash flows support sustainable and attractive CHF 17 per share dividend Pricing and portfolio management discipline generate strong underlying profitability Accelerated top-line growth in target markets Excellent investment performance delivering 7% to
Slide 6: Financial highlights
Financial highlights in USD millions 2012 20111 Change for the years ended December 31 Business operating profit (BOP) 4,075 4,243 -4% Net income attributable to shareholders 3,878 3,750 3% General Insurance combined ratio 98.4% 98.9% +0.5pts Global Life new business value2 1,085 980 11% Farmers Mgm
Slide 7: Proposed dividend of CHF 17.04 per share for 2012
Proposed dividend of CHF 17.04 per share for 2012 Dividends / EPS in respect of the business year (in CHF) 50 45 40 35 1 29.9 30 2 25 23.4 24.21 24.3 3 24.7 22.5 20 17.0 17.0 17.04 16.0 15 11.0 10 5 0 2008 2009 2010 2011 2012 © Zurich Insurance Company Ltd Dividend Diluted earnings per share 1 CHF 2
Slide 8: Annual results 2012
Annual results 2012 Martin Senn Chief Executive Officer Pierre Wauthier Chief Financial Officer February 14, 2013
Slide 9: Business operating profit by segment
Business operating profit by segment in USD millions Q4-12 Q4-111 Change 2012 20111 Change General Insurance 21 515 -96% 2,097 2,247 -7% Global Life 380 348 9% 1,338 1,353 -1% Farmers (incl. Farmers Re) 416 390 7% 1,414 1,486 -5% Other Operating Businesses -258 -248 -4% -903 -835 -8% Total BOP opera
Slide 10: General Insurance – key performance indicators
General Insurance – key performance indicators in USD millions 2012 20113 Change Change for the years ended December 31 in LC1 GWP and policy fees 35,610 34,572 3% 7% Rate change2 3.7% 3.5% 0.2pts Loss ratio 70.3% 72.0% +1.7pts Expense ratio 28.1% 26.9% -1.2pts Combined ratio 98.4% 98.9% +0.5pts Bus
Slide 11: Global Life – key performance indicators
Global Life – key performance indicators in USD millions 2012 2011 Change Change for the years ended December 31 in LC5 GWP and policy fees (incl. insurance 30,259 27,711 9% 16% deposits)1 Net inflows to Assets under Mgmt1 1,402 2,769 -49% -47% Annual Premium Equivalent (APE)2 4,767 3,992 19% 24% Ne
Slide 12: Farmers – key performance indicators
Farmers – key performance indicators in USD millions 2012 2011 Change for the years ended December 31 Farmers Management Services Management fees and other related revenues 2,846 2,767 3% Managed gross earned premium margin1 7.3% 7.3% 0.0 pts Business operating profit 1,441 1,370 5% Farmers Re2 Gros
Slide 13: Investment performance of Group Investments
Investment performance of Group Investments in USD millions 2012 2011 Change for the years ended December 31 Net investment income 6,711 7,185 -7% Net capital gains/(losses) on investments and 2,201 2,182 1% impairments1 of which attributable to shareholders 1,687 1,515 11% Net investment result 8,9
Slide 14: Top line development by segment
Top line development by segment in USD millions 2012 2011 Change Change for the years ended December 31 in LC1 General Insurance GWP and policy fees 35,610 34,572 3% 7% Global Life GWP and policy fees and insurance 30,259 27,711 9% 16% deposits Annual Premium Equivalent (APE)2 4,767 3,992 19% 24% Fa
Slide 15: Q&A
Q&A @ ZURICH
Slide 16: Closing remarks
Closing remarks Martin Senn Chief Executive Officer February 14, 2013
Zurich Insurance Group — FY2012 Earnings Presentation on 6ix