Panal Compania de Seguros Generales S.A. (Paraguay)

Panal Compañía de Seguros Generales S.A. is a Paraguayan insurance company that offers traditional insurance within the property and personal branches. It was incorporated in December 2002 and authorized to operate as an insurance company by the Superintendence of Insurance of the Central Bank of Paraguay since February 2003. The company is supported by its shareholders, leading cooperatives in the sector, including Cooperativa Universitaria Ltda. with 91% of the shares, Cooperativa Binacional de Servicios Cabal Paraguay Ltda. with 1% of the shares, and Cooperativa Multiactiva Lambaré Ltda. with 8% of the shares. The company has a social capital of 38,400,000,000.- represented by 38,400 shares. To provide greater coverage and support to policyholders, Panal Compañía de Seguros Generales S.A. has a headquarters located in one of the main corporate areas of the capital city, as well as 2 service centers and 17 representations in the main cities of the Eastern Region. Over the years, the company's real coverage and solvency have earned the trust of more than 25,000 people who rely on their products and services.