Presentation on theme: "J.C. Flowers & Co. LLC 1 Lactuaire à létranger. Nicolas ROSSKOPF."— Presentation transcript:
J.C. Flowers & Co. LLC 1 Lactuaire à létranger. Nicolas ROSSKOPF
J.C. Flowers & Co. LLC 2 Agenda Company Overview Legal environment in Luxemburg Actuarials
J.C. Flowers & Co. LLC 3 Strategy & Company Overview NPG's Markets Confidential Geographical Coverage Only wealth management solutions Wealth management solutions and financial planning Target Customers Unbundled Products 2) Bundled Products 1) HNWIs HAIs Mass market NPG targets highly affluent individuals (HAIs) and high net worth individuals (HNWIs) in Western and Northern Europe Headquarter in Luxembourg 1) Bundled Product: Standardized product with fund managers and investment options selected by NPG and managed within unit-linked life insurance policies 2) Unbundled Product: Bespoke product with broader range of assets (incl. hedge funds, private equity) selected by the client or fund manager and managed within dedicated life insurance policies. Net assets: 2-5m Net assets: 5-30m
J.C. Flowers & Co. LLC 4 Strategy & Company Overview Positioning of NPG Confidential …cross-border solutions using investment-based life insurance products with minimal residual guarantees principally in Europe to the HAI segment and upwards via independent distribution. NPG provides… 1. 2. 3. 4. 5. 6. NPG targets a specific, profitable niche in the European Wealth Management landscape
J.C. Flowers & Co. LLC 5 2009 Financial Results of my group In 2009, NPG profited from strong sales and recovering financial markets –The Wealth Management Business largely recovered in 2009 after the financial crisis. –NPG's fees are partly linked to Assets under Management. The Group therefore profited from the recovery in equity markets. Market Environment New Business –New sales performed well in 2009. –NPG diversified its business Key Figures –At the end of the year, NPG managed client assets of 6.1bn (+ 12%).