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Zurich Chile SegurosGenerales S.A. (Chile)

Main Activities: Direct Life Insurance Carriers | Direct Health and Medical Insurance Carriers | Direct Title Insurance Carriers
Full name: Zurich Chile SegurosGenerales S.A. Profile Updated: October 30, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

Zurich Chile SegurosGenerales S.A. is a company located in Santiago, Chile. It was incorporated in 1853 as the Compañía Chilena de Seguros, making it the first national insurance company and the oldest in Latin America. The company was initially focused on insuring fire and maritime risks. It quickly issued its first policy just two days after its founding, which was directed to General Ramón Herrera for a fire insurance on a property in Cochrane Street, Valparaíso. The company played a significant role in the insurance industry by becoming a founding member of the Federación Interamericana de Empresas de Seguros (FIDES), a non-profit organization representing 22 countries in Latin America, the United States, and the Iberian Peninsula. Jorge Bande, the General Manager of Chilena Consolidada at the time, was appointed as the first President of FIDES. After becoming part of the Zurich Group, the company benefited from the capabilities of the Zurich world and focused on becoming the best provider of protection and savings solutions in the Chilean market, serving both individuals and businesses. Zurich Chile SegurosGenerales S.A. is backed by Zurich Insurance Co.

Headquarters
Blvd. Pedro De Valdivia 195
Santiago; Metropolitana;

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Website: http://www.chilena.cl

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
August 09, 1905
Key Executives
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President
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Vice President
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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87.59%
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5.82%
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1.34%
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0.96%
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0.69%
Company Performance
Financial values in the chart are available after Zurich Chile SegurosGenerales 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
-2.27%
Net fee and commission income
-1.85%
Operating profit (EBIT)
247.89%
Net Profit (Loss) for the Period
50.65%
Total assets
14.16%
Investments
0.41%
Receivables
-4.93%
Total equity
1.32%
Net Premiums Earned Trend
N/A
Return on Equity (ROE)
6.1%
Loss Ratio
15.28%
Underwriting Expenses Ratio
0.45%

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