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Beneficio S.A. Compania de Seguros (Argentina)

Main Activities: Direct Life Insurance Carriers | Direct Health and Medical Insurance Carriers | Direct Property and Casualty Insurance Carriers
Full name: Beneficio S.A. Compania de Seguros Profile Updated: January 31, 2024
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Beneficio S.A. Compania de Seguros is an insurance company located in Buenos Aires, Argentina. They specialize in personal insurance, offering coverage for life, personal accidents, health, and funeral expenses. Their main focus is on providing solutions to meet the protection needs of individuals and their families, as well as the obligations of employers and benefits for employees and affinity groups. The company works closely with their strategic partner, the Productor Asesor, who serves as their exclusive distribution channel. They aim to simplify the sales process for their partners by offering a range of straightforward and easily understandable coverage options, tailored solutions for corporate clients, and streamlined quotation and issuance processes. Beneficio S.A. has offices in Buenos Aires, Rosario, and Salta, and has plans for further expansion in Posadas, Corrientes, Resistencia, and Córdoba. With 27 years of experience in the market, the company's indicators of financial and asset solvency position them above the industry average.

Headquarters
Blvd. Leandro N Alem 584, Piso 12
Buenos Aires (City); Federal Capital;

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Website: http://www.beneficioweb.com.ar

Basic Information
Outstanding Shares:
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Incorporation Date:
April 04, 1994
Key Executives
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President
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Vice President
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Head Director
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Head Director
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Head Director
Ownership Details
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43.46%
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21.49%
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15.11%
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7.68%
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7.18%
Company Performance
Financial values in the chart are available after Beneficio S.A. Compania de Seguros report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency ARS. Absolute financial data is included in the purchased report.
Net insurance premium revenue
146.39%
Operating profit (EBIT)
503.81%
Net Profit (Loss) for the Period
1157.45%
Total assets
266.29%
Investments
326.77%
Receivables
139.05%
Total equity
459%
Net Premiums Earned Trend
43.25%
Net Profit Trend
N/A
Return on Equity (ROE)
10.82%
Loss Ratio
1.93%
Underwriting Expenses Ratio
-2.26%

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