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Rigel Seguros de Vida S.A. (Chile)

Main Activities: Direct Life Insurance Carriers
Full name: Rigel Seguros de Vida S.A. Profile Updated: October 17, 2024
Buy our report for this company USD 19.99 Most recent financial data: 2019 Available in: English & Spanish Download a sample report

Rigel Seguros de Vida S.A. is a Chilean company located in Santiago. It was incorporated in 2014 under the name BTG Pactual Seguros de Vida. In 2020, it became owned by DT Rigel S.A., which is controlled by a branch of the Del Río family. DT Rigel S.A. is part of the Dercorp Holding, a prominent Chilean business group with interests in the retail, automotive, and real estate industries. The Dercorp Holding has subsidiaries such as Falabella, Derco, and a network of large commercial premises throughout Chile. In 2021, BTG Pactual Seguros de Vida merged with Rigel Seguros de Vida, becoming the first insurance company of the group. Since April 2021, the company operates as a single entity under the name 4Life Seguros de Vida. The company's management team has extensive experience in the financial sector, and the integration of the two insurers has been successful in terms of operations, strategy, and organization.

Headquarters
Alonso De Cordova 4125, Floor 4
Santiago; Metropolitana;

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Website: http://rigelseguros.cl/

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
January 19, 2010
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 Rigel Seguros de Vida 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
25.34%
Net fee and commission income
-46.25%
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
N/A
Total assets
38.07%
Investments
57.89%
Receivables
-22.68%
Total equity
113.32%
Net Premiums Earned Trend
24.66%
Net Profit Trend
N/A
Return on Equity (ROE)
N/A
Loss Ratio
37.69%
Underwriting Expenses Ratio
-2.61%

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