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Porto Seguro - Seguros Del Uruguay S.A. (Montevideo) (Uruguay)

Main Activities: Direct Property and Casualty Insurance Carriers
Full name: Porto Seguro - Seguros Del Uruguay 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

Porto Seguro - Seguros Del Uruguay S.A. is an insurance company located in Montevideo, Uruguay. It was established on June 19, 1995, as a subsidiary of Porto Seguro Companhia de Seguros Gerais, a Brazilian insurance company founded in 1945. Porto Seguro focuses on understanding the society it operates in and offers innovative products and services to its customers. The company initially started with the automobile insurance portfolio and has since become the leading private insurer in the country's automotive sector. Porto Seguro values its relationship with its employees, directors, shareholders, advisors, and service providers, and aims to provide a familiar and attentive customer experience. In 2013, the company inaugurated its new headquarters, which is environmentally sustainable and the first building in Uruguay to receive LEED® green building program certification. Porto Seguro continues to expand its services and products, seeking new ways to connect with society and develop innovative solutions tailored to the local market.

Headquarters
Americo Ricaldon 2750 esq. Brito del Pino
Montevideo; Montevideo; Postal Code: 11800

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

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
August 27, 1945
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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100%
Subsidiaries
Porto Servicios Y Comercio S.A.
Company Performance
Financial values in the chart are available after Porto Seguro - Seguros Del Uruguay 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
8.92%
Operating profit (EBIT)
50.83%
Net Profit (Loss) for the Period
53.2%
Total assets
9.4%
Investments
15.48%
Receivables
-1.98%
Total equity
9.84%
Net Premiums Earned Trend
-6.07%
Net Profit Trend
-107.5%
Return on Equity (ROE)
3.91%
Loss Ratio
1.42%
Underwriting Expenses Ratio
0.49%

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