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Far Compania de Seguros S.A. (Montevideo) (Uruguay)

Main Activities: Direct Property and Casualty Insurance Carriers
Full name: Far Compania de Seguros S.A. Profile Updated: October 01, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

FAR Compañía de Seguros S.A. is a national insurance company located in Montevideo, Uruguay. It was incorporated on July 1, 1996, and is authorized by the Superintendence of Insurance and Reinsurance of Uruguay. The company specializes in providing insurance for motor vehicles. Since its establishment, FAR Compañía de Seguros S.A. has prioritized the interests of its policyholders and has aimed to provide real guarantees in unforeseen circumstances. The company has continuously evolved and conducted research to ensure the satisfaction of its policyholders. As a result, it has quadrupled its original customer base, mainly due to recommendations from its policyholders and insurance brokers who recognize the company as an effective and reliable option. FAR Compañía de Seguros S.A. continues to grow and attributes its success to the trust placed in them by their customers.

Headquarters
3170 Burgues Blvd.
Montevideo; Montevideo; Postal Code: 11700

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Website: http://www.farseguros.com.uy

Basic Information
Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
July 01, 1996
Key Executives
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President
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Vice President
Ownership Details
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100%
Company Performance
Financial values in the chart are available after Far Compania de Seguros S.A. (Montevideo) report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency UYU. Absolute financial data is included in the purchased report.
Net insurance premium revenue
6.39%
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
N/A
Total assets
2.35%
Investments
8.08%
Receivables
-2.88%
Total equity
15.72%
Net Premiums Earned Trend
-7.96%
Net Profit Trend
-84.66%
Return on Equity (ROE)
N/A
Loss Ratio
-2.48%
Underwriting Expenses Ratio
-0.27%

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