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Seguros Equinoccial S.A. (Ecuador)

Main Activities: Insurance Carriers
Full name: Seguros Equinoccial S.A. Profile Updated: July 03, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

Seguros Equinoccial S.A. is an insurance company located in Quito, Ecuador. It was founded in 1973 and has since become a leading company in the Ecuadorian market. The company aims to provide excellent service to its customers and offers comprehensive insurance solutions for individuals and businesses. Seguros Equinoccial's main focus is to be a model multiline company in the Ecuadorian insurance market with international projection. They strive for constant profitable growth and leadership in preferred risk segments. The company is inspired by a commitment to excellence in customer service and is composed of a high-performing team that is motivated by success. They provide ample opportunities for personal and professional development for all employees. The company aims to add value and continuously reward its stakeholders. They promote economic growth, environmental care, and social well-being. Seguros Equinoccial's main goal is to ensure the present and future tranquility of their clients, their families, and their businesses by offering comprehensive protection and support solutions.

Headquarters
De las Hiedras N41-130 y Av. De Los Granados (Edificio Equinoccial)
Quito; Pichincha;

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Website: http://www.segurosequinoccial.com/

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
December 03, 1973
Key Executives
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Executive President
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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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General Manager
Ownership Details
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77.92%
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11.99%
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5.01%
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1.58%
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1.08%
Subsidiaries
Negocios Masivos del Valle S.A. Vallenegma
70%
Sentinel - Ecuador S.A.
50%
Compania Reaseguradora del Ecuador S.A.
5.18%
Company Performance
Financial values in the chart are available after Seguros Equinoccial S.A. 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
-16.75%
Net fee and commission income
-849.04%
Operating profit (EBIT)
-21.32%
Net Profit (Loss) for the Period
-13.78%
Total assets
-6.3%
Investments
-6.8%
Receivables
1.49%
Total equity
-4.65%
Net Premiums Earned Trend
-8.79%
Net Profit Trend
N/A
Return on Equity (ROE)
-0.95%
Loss Ratio
15.94%
Underwriting Expenses Ratio
5.95%

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