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BICE Vida Compania de Seguros S.A. (Chile)

Main Activities: Direct Life Insurance Carriers
Full name: BICE Vida Compania de Seguros S.A. Profile Updated: October 17, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

BICE Vida Compañía de Seguros S.A. is a company located in Santiago, Chile. It was founded on January 5, 1993, as a partnership between BICECORP and the German insurance group Allianz, under the name Allianz BICE. In 1999, BICECORP decided to acquire 100% ownership of the company, leading to the establishment of BICE Vida Compañía de Seguros S.A. In May 2004, BICE Vida acquired the life insurance company La Construcción S.A., resulting in a merger between the two entities. Throughout its history, BICE Vida has been known for its excellent service, providing professional attention and quick responses to the needs and inquiries of its clients and brokers. The company currently operates in various lines of business within the life insurance industry.

Headquarters
Blvd. Providencia 1806
Santiago; Metropolitana; Postal Code: 7500012

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Website: http://www.bicevida.cl/

Basic Information
Total Employees:
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Outstanding Shares:
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Incorporation Date:
November 30, 1992
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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51.33%
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39.19%
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9.48%
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Company Performance
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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
16.99%
Net fee and commission income
-7.11%
Operating profit (EBIT)
-30.66%
Net Profit (Loss) for the Period
-20.15%
Total assets
8.61%
Investments
7.12%
Receivables
12.62%
Total equity
2.73%
Net Premiums Earned Trend
-43.8%
Return on Equity (ROE)
-2.56%
Loss Ratio
-7.51%
Underwriting Expenses Ratio
-15.57%

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