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Reale Chile Seguros Generales S.A. (Santiago) (Chile)

Main Activities: Insurance Carriers
Full name: Reale Chile Seguros Generales 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

Reale Chile Seguros Generales S.A. is an insurance company located in Santiago, Chile. It was incorporated on May 13, 2016, through a collaboration between Reale Group and two local partners. The company operates in the property and casualty insurance sector. Reale Chile Seguros focuses on distributing its products and services through intermediaries and aims to provide excellent customer service. It has a workforce of 70 employees and collaborates with major insurance intermediaries in Chile. Reale Group, leveraging the stability of the Chilean economy and society, entered the Latin American market for the first time through this venture. The company aims to achieve a balanced budget within the first five years of its establishment and aims to reach a total of 240 million euros in premiums within the first ten years. It also aims to become one of the top five insurance companies in Chile in the property and casualty sector, with approximately 340 employees. Reale Chile Seguros upholds the five fundamental values of Reale Group: integrity, responsibility, cohesion, innovation, and attention to people. These values aim to foster a relationship based on respect, collaboration, and mutual growth.

Headquarters
Los Militares 5890
Santiago; Metropolitana; Postal Code: 7561283

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Website: http://www.realegroup.eu/IT/institutional/corporate/gli-organi-sociali/reale-chile-seguros

Basic Information
Total Employees:
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Outstanding Shares:
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Incorporation Date:
November 08, 2016
Key Executives
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President
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Vice President
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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 Reale Chile Seguros Generales S.A. (Santiago) 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
-18.97%
Net fee and commission income
31%
Operating profit (EBIT)
73.72%
Net Profit (Loss) for the Period
N/A
Total assets
3.61%
Investments
76.17%
Receivables
-10.09%
Total equity
40.11%
Net Premiums Earned Trend
N/A
Return on Equity (ROE)
N/A
Loss Ratio
13.94%
Underwriting Expenses Ratio
11.18%

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