Investor Presentaiton
Overview of key operational themes
Youi
Youi Direct
Youi BZI
Youi CTP
Significant premium inflation resulting
from recent natural perils losses,
higher reinsurance cost and retention
and higher general inflation impacting
repair costs.
Benign weather environment with
large reduction on natural event
claims.
Moderated unit growth with focus on
pricing discipline.
Operational profit realised attributed
to scale, better claims performance
and favourable weather.
Net earned premium growth of
138.5% and reduction in claims ratio
from 87.6% to 63.2%.
Moderating new business growth
resulting from increased competition
in the broker channel. (as guided at
year-end)
Launch of CTP in South Australia on
1 July 2022 contributing to higher
operating loss.
Continued strong gross and net
premium growth.
Claims experience remains volatile
on the small book and impacted by a
large single loss event.
OUTsurance Group Limited
OUT
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