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Colon (Ecuador)

Main Activities: Insurance Carriers
Full name: Colon Profile Updated: October 01, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

Seguros Colón S.A. is an insurance company located in Guayaquil, Ecuador. It was incorporated in 1992 with the aim of bridging the gap between the private sector and the public sector by providing surety bonds that enable the completion of essential projects and works for the country's growth. Currently, Seguros Colón is one of the most secure, liquid, and technically proficient insurance companies in the country. It is regulated and supervised by the Superintendence of Companies, Securities, and Insurance of Ecuador. The company is also a member of the Pan-American Surety Association (APF-PASA), an organization that brings together the most important surety and reinsurance companies in the world, and is part of its Executive Committee. In 2018, Seguros Colón expanded its operations to include other property and personal insurance lines, in addition to surety bonds, in order to continue guiding its customers in all their interests and provide quality service in these new areas.

Headquarters
Parroquia , Calle Av Francisco de Orellana, Centro Empresarial las Camaras Bldg. , Floor 6
Guayaquil; Guayas;

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Website: http://www.seguroscolon.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
November 27, 1992
Key Executives
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Chairman
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Member of Board of Directors
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Member of Board of Directors
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Member of Board of Directors
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Member of Board of Directors
Ownership Details
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33.95%
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33.11%
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31.83%
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0.66%
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0.32%
Company Performance
Financial values in the chart are available after Colon report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net insurance premium revenue
6.01%
Net fee and commission income
-5.3%
Operating profit (EBIT)
10.86%
Net Profit (Loss) for the Period
19.37%
Total assets
11.07%
Investments
2.39%
Receivables
57.8%
Total equity
1.11%
Net Premiums Earned Trend
N/A
Net Profit Trend
-47.83%
Return on Equity (ROE)
0.51%
Loss Ratio
-132.92%
Underwriting Expenses Ratio
-94.64%

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