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Chilena Consolidada Seguros de Vida S.A. (Chile)

Main Activities: Direct Life Insurance Carriers
Full name: Chilena Consolidada Seguros de Vida 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

Chilena Consolidada Seguros de Vida S.A. is a company located in Santiago, Chile. It was incorporated in 1853 in Valparaíso as the first national insurance company and the oldest in Latin America. The company was initially focused on insuring fire and maritime risks. Shortly after its founding, it issued its first policy to General Ramón Herrera for a fire insurance on a property in Cochrane Street, Valparaíso. Chilena Consolidada Seguros de Vida S.A. became a founding member of the Inter-American Federation of Insurance Companies (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. Chilena Consolidada Seguros de Vida S.A. is backed by Zurich Insurance Co.

Headquarters
Apoquindo 5550, Floor 21
Santiago; Metropolitana;

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Website: http://www14.chilena.cl/es-cl

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
January 15, 1944
Key Executives
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President
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Vice President
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Director
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Director
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Director
Ownership Details
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99.23%
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0.45%
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0.3%
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Subsidiaries
Euroamerica Administradora General de Fondos S.A.
99.99%
Zurich Administradora General de Fondos S.A.
99.97%
Company Performance
Financial values in the chart are available after Chilena Consolidada Seguros de Vida 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
11.72%
Net fee and commission income
-18.01%
Operating profit (EBIT)
174.89%
Net Profit (Loss) for the Period
72.29%
Total assets
1.35%
Investments
2.58%
Receivables
0.19%
Total equity
3.53%
Net Premiums Earned Trend
N/A
Return on Equity (ROE)
1.45%
Loss Ratio
14.45%
Underwriting Expenses Ratio
-9.94%

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