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Compania de Seguros La Mercantil Andina S.A. (Argentina)

Main Activities: Direct Health and Medical Insurance Carriers | Direct Property and Casualty Insurance Carriers
Full name: Compania de Seguros La Mercantil Andina S.A. Profile Updated: March 18, 2024
Buy our report for this company USD 19.99 Most recent financial data: 2020 Available in: English & Spanish Download a sample report

Since its foundation in 1923, Mercantil Andina S. A. provides asset protection services in the province of Mendoza. Since 1958, coinciding with the start of the operations in the city of Buenos Aires, began a process of expansion and consolidation, which extended to major provinces and cities of Argentina. Its consolidated growth takes hold in 1978 when the insurance company is acquired by Grupo Pescarmona, who is now its largest shareholder.

Headquarters
Blvd. Necochea No 18A
Mendoza; Mendoza;

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

Basic Information
Total Employees:
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Outstanding Shares:
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Incorporation Date:
November 09, 1923
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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43.85%
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21.06%
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21.06%
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14%
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0.03%
Company Performance
Financial values in the chart are available after Compania de Seguros La Mercantil Andina S.A. 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
199.21%
Operating profit (EBIT)
475.3%
Net Profit (Loss) for the Period
458.91%
Total assets
200.34%
Investments
209.89%
Receivables
162.76%
Total equity
267.79%
Net Premiums Earned Trend
105.47%
Net Profit Trend
-1262.4%
Return on Equity (ROE)
11.26%
Loss Ratio
0.6%
Underwriting Expenses Ratio
-0.15%

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