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Principal Compania de Seguros de Vida Chile S.A. (Chile)

Main Activities: Direct Life Insurance Carriers
Full name: Principal Compania de Seguros de Vida Chile S.A. Profile Updated: October 17, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

Principal Financial Group is a conglomerate of financial service companies with presence in 11 countries around the world, which serves more than 15 million customers. It has more than 125 years of experience and success in the insurance market in the U.S. and is a leader in private pension plans. It is present in Chile since 1995, operating through the following companies: Principal Administradora General de Fondos. Compania Experta en Administracion de Fondos Mutuos y Fondos Mutuos para Ahorro Previsional Voluntario. It is the first manager of mutual funds created in the market. Born in 1961 it has over 40 years of experience and is the largest in the market. Principal Compania de Seguros de Vida Chile S.A. is a successful business operator in annuities and life insurance and savings for businesses and individuals. Principal Creditos Hipotecarios is an expert in financing for housing.

Headquarters
Blvd. Apoquindo 3600, Floor 10
Santiago; Metropolitana;

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Website: http://www.principal.cl

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
August 28, 1990
Key Executives
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President
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Director
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Director
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Director
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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 Principal Compania de Seguros de Vida Chile S.A. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CLP. Absolute financial data is included in the purchased report.
Net insurance premium revenue
27.86%
Net fee and commission income
27.97%
Operating profit (EBIT)
6.52%
Net Profit (Loss) for the Period
50.68%
Total assets
1.65%
Investments
1.92%
Receivables
-1.86%
Total equity
0.53%
Net Premiums Earned Trend
N/A
Return on Equity (ROE)
3.12%
Loss Ratio
81.61%
Underwriting Expenses Ratio
-121.03%

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