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Banestes Seguros S.A. (Brazil)

Main Activities: Direct Insurance (except Life, Health, and Medical) Carriers
Secondary Activities: Direct Life Insurance Carriers
Full name: Banestes Seguros S.A. Profile Updated: May 27, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Portuguese Download a sample report

Established in March 8, 1971, Banestes Seguros is present north and south in the state of Espirito Santo. The company holds a considerable market share in the state, in the fields of automobile and life. Banestes Seguros has in its portfolio coverage in the branches: Cars, Life and Personal Accident and it´s policy and its action is directed to retail sales through it´s branch network and its partnership with the Insurance Brokers in the state of Espirito Santo´s market.

Headquarters
Rua Cassiano Antonio Moraes 60, Pavmto3, Enseada do Sua
Vitoria; Espirito Santo; Postal Code: 29050525

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Website: http://www.banestes.com.br

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
September 27, 1971
Key Executives
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Board of Directors - Council
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Board of Directors - Council
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Board of Directors - Council
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Board of Directors - Council
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Board of Directors - Council
Ownership Details
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100%
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100%
Company Performance
Financial values in the chart are available after Banestes Seguros S.A. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BRL. Absolute financial data is included in the purchased report.
Net insurance premium revenue
4.3%
Operating profit (EBIT)
-4.83%
Net Profit (Loss) for the Period
-3.09%
Total assets
45.58%
Investments
72.52%
Receivables
9.31%
Total equity
115.54%
Net Premiums Earned Trend
-3.25%
Net Profit Trend
N/A
Return on Equity (ROE)
-12.13%
Loss Ratio
5.42%
Underwriting Expenses Ratio
1.17%

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