Presentation is loading. Please wait.

Presentation is loading. Please wait.

J.C. Flowers & Co. LLC 1 Lactuaire à létranger. Nicolas ROSSKOPF.

Similar presentations


Presentation on theme: "J.C. Flowers & Co. LLC 1 Lactuaire à létranger. Nicolas ROSSKOPF."— Presentation transcript:

1 J.C. Flowers & Co. LLC 1 Lactuaire à létranger. Nicolas ROSSKOPF

2 J.C. Flowers & Co. LLC 2 Agenda Company Overview Legal environment in Luxemburg Actuarials

3 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

4 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

5 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%).

6 J.C. Flowers & Co. LLC 6 2009 Preliminary Financial Results Client Assets In 2009, NPG's client assets grew by 12% + 19%+ 33%+ 12% ( bn) 1.0 2.0 3.0 4.0 5.0 6.0 7.0 6.1 PEL: 2.9 CUIL: 0.6 ATP LUX: 0.4 ATP BDA: 0.3

7 J.C. Flowers & Co. LLC 7 Agenda Company Overview Legal environment in Luxemburg Actuarials

8 J.C. Flowers & Co. LLC 8 Legal reporting :

9 J.C. Flowers & Co. LLC 9 Legal reporting :

10 J.C. Flowers & Co. LLC 10 Agenda Company Overview Legal environment in Luxemburg Actuarials

11 J.C. Flowers & Co. LLC 11 Moses : beaucoup de sociétés à gérer.

12 J.C. Flowers & Co. LLC 12 Currencies : Risque de change à gérer. Altraplan Assurance Currency conversion rates Balance sheet :Red = Fixed rate (based on Euro closing rates) Profit & loss: Blue = Variable rate As at 30 June 2008 SUNGLOBUSSUNGLOBUS (*)(/)(*)(/) USD (BM1)BM1EUR (LU1)LU1Period USD EURO ATSAustria=0,1145458,7302220,07267313,7603002008006 AUDAustralia=0,9594171,0423000,6092361,6414002008006 BEFBelgium=0,03907225,5936500,02478940,3399002008006 BMDBermuda=1,000000 0,6344501,5761682008006 CADCanada=0,9858041,0144000,6255861,5985002008006 CHFSwiss Francs=0,9817401,0186000,6230531,6050002008006 CZKCzech Koruna=0,06590215,1740000,04181223,9168002008006 DEMGermany=0,8058821,2408760,5112921,9558302008006 DKKDenmark=0,2112604,7335000,1340867,4579002008006 ESPSpain=0,009473105,5635980,006010166,3860002008006 EUREurope=1,5761680,6344501,000000 2008006 FIMFinland=0,2650923,7722680,1681885,9457302008006 FRFFrance=0,2402854,1617190,1524496,5595702008006 GBPBritain=1,9910400,5022501,2633440,7915502008006 HKDHong Kong=0,1282407,7979000,08138712,2869002008006 I000Italian lira 1000=0,8140231,2284670,5164571,9362702008006 IEPIreland=2,0013210,4996701,2697380,7875642008006 ITLItalian lira=0,0008141.228,4665020,0005161.936,2700002008006 JPYJapan=0,009433106,0150000,005988166,9900002008006 LTLLithuania=0,4563292,1914000,2895893,4531702008006 LUFLuxembourg=0,03907225,5936500,02478940,3399002008006 NLGNetherlands=0,7152341,3981440,4537802,2037102008006 NOKNorway=0,1963135,0939000,1246328,0236002008006 NZD New Zeland dollars =0,7610351,3140000,4830922,0700002008006 PTEPortugal=0,007862127,1958050,004988200,4820002008006 SEKSweden=0,1662466,0152000,1055059,4782002008006 USDUS of America=1,000000 0,6344501,5761682008006 XEUCEE=1,5761680,6344501,000000 2008006 ZARSouth Africa=0,1277337,8288000,08105312,3376002008006

13 J.C. Flowers & Co. LLC 13 Tables de mortalité : Beaucoup de tables différentes Private Estate Life - MoSes Application - Mortality tables DirectoryC:\moses\NPGWM\2009Q4\tables\In_Force\ FilenameC:\moses\NPGWM\2009Q4\tables\In_Force\Mortality Tables.xls Save Table?Description Date saved MK Y* Belgian MK Mortality tablke (Males) 4/10/2010 11:08 FK Y* Belgian FK Mortality tablke (Females) 4/10/2010 11:08 gbm7680 Y* Gbm 7680 Base Females - Ultimate Rates 4/10/2010 11:08 gbm8085 Y* Gbm 8085 Base Females 4/10/2010 11:08 gbm8590 Y* Gbm 8590 Base Males 4/10/2010 11:09 gbm9095 Y* Table Gbm 9095 Base Table 4/10/2010 11:09 gbv7680 Y* Gbv 7680 Base Females - Ultimate Rates 4/10/2010 11:09 gbv8085 Y* Gbv 8085 Base Females - Ultimate Rates 4/10/2010 11:09 gbv8590 Y* Gbv 8590 Base Males - Ultimate Rates 4/10/2010 11:09 gbv9095 Y* Table Gbv 9095 Base Table - Ultimate Rates 4/10/2010 11:09 G82M Y* Danish Mortality Table G82 Male 4/10/2010 11:09 G82F Y* Danish Mortality Table G82 Female 4/10/2010 11:09 T84M Y* CUIL Mortality Table T84 Male 4/10/2010 11:09 T84F Y* CUIL Mortality Table T84 Female 4/10/2010 11:09


Download ppt "J.C. Flowers & Co. LLC 1 Lactuaire à létranger. Nicolas ROSSKOPF."

Similar presentations


Ads by Google