Upload
augustus-williams
View
225
Download
2
Embed Size (px)
Citation preview
23 April 2009
Kotak Life Insurance
Presentation Structure
Kotak Group Kotak Group
Kotak Life InsuranceKotak Life Insurance
Regulatory Compliance Regulatory Compliance
1
2
3
Kotak Group
Journey so far…
TradeFinance
1985 1986
1990 2003200119981996199519921991
Ford Credit JVs
Mutual Fund
StockBroking
GoldmanSachs JVsIPO
InvestmentBanking
AutoFinance
Life InsuranceOld Mutual JV
Dubai London
New York
BANK
In October 2005, Kotak Group acquired the 40% stake in Kotak Prime held by Ford Credit International (FCI) and FCI acquired the stake in Ford Credit Kotak Mahindra (FCKM) held by Kotak Group.In May 2006, Kotak Group bought 25% stake held by Goldman Sachs in Kotak Mahindra Capital Company and Kotak Securities
Restructuring Ford& Goldman JVs
2006
• Full-range of Financial Products
• One of the fastest growth of businesses in financial services
• Market leader in Broking, Car-Finance & Investment Banking
• Full-range of Financial Products
• One of the fastest growth of businesses in financial services
• Market leader in Broking, Car-Finance & Investment Banking
San FranciscoSingapore
2007
2008
Kotak Group - Growing Leaps and Bounds
Data as on 31st Mar ‘08
Total AUMs in FY 08 for the group stand at Rs. 36,500 crores; a jump of 55% over last year
Kotak Group – A Snapshot
Consolidated Net Worth (Rs. Crore)
1055 1233 14672247
3233
58246327
01000200030004000500060007000
FY 03 FY 04 FY 05 FY 06 FY 07 FY 08 YTD Q309
Group Employees
15003000
44006700
10800
17100
02000400060008000
1000012000140001600018000
FY 03 FY 04 FY 05 FY 06 FY 07 FY 08
Earnings Per Share (Rs.)
2.35.8 5.7
16.5
29.2
12.711.0
0
510
1520
2530
35
FY03 FY04 FY05 FY06 FY07 FY08 YTD Q309
Growing Value to Stakeholders
Kotak Group – The Preferred Investment Bankers
Leadership in the Indian market
Mr. Uday Kotak awarded the Indian Business Leader of the Year 2009 award
Best Performing Equity Broker in India in 08
Best Domestic Investment Bank in India in 06, 07 & 08Best Equity House in India in 08
Emerged winner in 16 categories in the Private Banking Poll 2007, including the Best Local
Private Bank
‘Best Debt Fund House’ and won the ‘NDTV Business Leadership Award’ in 07
Leadership in the Indian market
In the top 5 for Corporate Governance in Asia Pacific / Africa in 08
Best Banking Security Systems Project Award in 07
6 IBA Banking Technology Awards in 07
# 1 Book runner/ Lead Manager in terms of value of Indian equity offerings (PRIME Database) 2006,
2005, 2004, 2003
Customer Responsiveness Award in 06 and 07
Kotak Life Insurance
Kotak and Old Mutual – synergies at a glance
One of India’s leading financial institutions
First NBFC given banking license
Leaders in Securities, Investment Banking & Wealth Management and Auto finance
Group Networth of Rs 6,327 + crores
Fortune 500 company also part of FTSE 100
Over 165 years of Assurance History
Leading financial services company in South Africa and Sweden
Employs more than 54,000 people in over 40 countries
Data as on 31st Dec ‘08
Kotak Life Insurance – A Snapshot
Total Share Capital Rs.562 crore Amongst the top quartile in New Business Premium / Capital
Employed
Strong Pan-India presence 141 cities 197 branches 43,483 Life Advisors 90 Corporate Agents 277 Brokers
Premium Quality Player in Indian Life Insurance AUM of Rs 3,374 + crores Strong Product Basket Strong Fund Performance History – Automatic allocation fund and
Leaders in Capital Guarantee performance
Data as on 31st Dec ‘08
Kotak Life Insurance – Growth
One of the fastest growing Insurance
companies
03-04 04-05 05-06 06-07 07-08 08-09 09-10 (E)
151
466622
972
1692
Total Insurance Premium (Rs. crore)
2343
3350
(E) Estimated figures
First Year Premium Growth of 23% for Year 2008-09
Kotak Life Insurance - Accolades
2008Kotak Platinum
Advantage Plan – Best Investment ULIP, type
II1
Kotak Long Life Wealth Plus – 4th
Best Investment ULIP, type I2
Kotak Aggressive Growth Fund – Second best ULIP Equity Fast
Fund3
2007
Kotak Platinum Advantage Plan – Best Investment ULIP, type
II1
Kotak Retirement Income Plan – Best
Pension ULIP
Kotak Headstart Future Protect –
Second best child ULIP
Kotak Dynamic Balanced Fund – Best ULIP Balanced Fund
Kotak Aggressive Growth Fund – Second best ULIP Equity Fund
1 Type II ULIPs offer both Sum Assured and Fund Value as Death Benefit2 Type I ULIPs offer higher of Sum Assured and Fund Values as Death Benefit3 Equity Fast Funds are defined as funds having equity exposure of more than 60%
Regulatory Compliance
Regulatory Compliance
Adherence to Regulatory Norms
Strict adherence to IRDA guidelines on Asset, Liability & Solvency Margins, 2000
Maintenance of Solvency Margins of 150%
Investment mobilization as per IRDA Investment Regulation, 2001
Checks & Control Measures
Sound Investment Philosophy
Strict observance of credit quality of investments
Investment Policy approved by Board & monitored by Investment Committee
Systematic Asset Allocation
Diversified Portfolio Strategy
Transparency of Fund Management
Thank You