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Zurich Santander Seguros Mexico, S.A (Mexico)

Main Activities: Direct Life, Health, and Medical Insurance Carriers | Direct Property and Casualty Insurance Carriers
Full name: Zurich Santander Seguros Mexico, S.A Profile Updated: September 16, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

Zurich Santander Seguros Mexico S.A. originated from Seguros Serfin Lincoln. In March 2000 Grupo Financiero Santander became its unique shareholder to acquire the remaining 49% of the shares still handled by Lincoln National Corporation, changing its name to Seguros Santander. Finally in 2011, Grupo Financiero Santander signed an agreement with the insurer Zurich, to which the financial group sold 51% of capital in its insurance operation in Latin America, Zurich taking charge of companies management operation and Santander in the distribution of insurance products.

Headquarters
Calle Juan Salvador Agraz Numero 73 piso 4 Colonia Santa Fe Delegacion Cuajimalpa de Morelos
Mexico City - Cuauhtemoc; Federal District of Mexico City; Postal Code: 05348

Contact Details: Purchase the Zurich Santander Seguros Mexico, S.A report to view the information.

Website: https://www.zurichsantander.com.mx/es_ES/Mexico.html

Basic Information
Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
March 27, 1991
Key Executives
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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
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Member of Board of Directors
Ownership Details
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51%
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49%
Company Performance
Financial values in the chart are available after Zurich Santander Seguros Mexico, S.A report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MXN. Absolute financial data is included in the purchased report.
Net insurance premium revenue
3.37%
Operating profit (EBIT)
-32.59%
Net Profit (Loss) for the Period
3.3%
Total assets
28.95%
Investments
39%
Receivables
1.38%
Total equity
4.41%
Net Premiums Earned Trend
-44.7%
Net Profit Trend
-10.98%
Return on Equity (ROE)
-0.32%
Underwriting Expenses Ratio
-10.23%

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