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Cardif do Brasil Seguros e Garantias S.A. (Brazil)

Main Activities: Insurance Carriers and Related Activities
Full name: Cardif do Brasil Seguros e Garantias 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

Cardif do Brasil Seguros e Garantias S.A. is a company located in Sao Paulo, Brazil. It was established in 2000 and has become one of the leading experts in mass insurance in the country. The company specializes in offering products such as lender insurance, extended warranties (including for vehicles), and theft and accidental damage insurance for portable devices. Cardif do Brasil Seguros e Garantias S.A. operates as a B2B2C insurer, meaning it has a business model based on partnerships with large Brazilian companies. These partners distribute the company's insurance products to customers in various markets, including retail, automotive, banking, and digital sectors. The company's focus is on providing insurance solutions that meet the needs of the Brazilian population, offering economic options and helping customers achieve their goals while protecting them from unexpected events. In 2021, Cardif do Brasil Seguros e Garantias S.A. reported a revenue of 2.5 billion Brazilian reais and had over 30 million active certificates and 1.4 million new policies issued per month.

Headquarters
Avenida Presidente Juscelino Kubitschek 1909 1909, Torre Sul Andar 7 E 8 Conj 71B E 81 Parte, Vila Nova Conceicao
Sao Paulo; Sao Paulo; Postal Code: 04543907

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

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
August 30, 2006
Key Executives
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Chairman of the Board of Directors
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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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Director
Ownership Details
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100%
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Company Performance
Financial values in the chart are available after Cardif do Brasil Seguros e Garantias 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
81.86%
Operating profit (EBIT)
38.14%
Net Profit (Loss) for the Period
-17.8%
Total assets
51.8%
Investments
64.81%
Receivables
-2.69%
Total equity
-0.57%
Net Premiums Earned Trend
34.24%
Net Profit Trend
N/A
Return on Equity (ROE)
-1.08%
Loss Ratio
4.95%
Underwriting Expenses Ratio
-5.72%

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