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Cooperacion Mutual Patronal SMSG (Argentina)

Main Activities: Direct Life, Health, and Medical Insurance Carriers | Direct Insurance (except Life, Health, and Medical) Carriers | Health and Welfare Funds
Full name: Cooperacion Mutual Patronal Sociedad Mutual de Seguros Generales Profile Updated: March 12, 2024
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Cooperacion Mutual Patronal S.M.S.G. was born on on October 17 of 1926 when a group of industrialists, mainly bakers decided to join in solidarity to address the costs of the labor misfortunes that its employees could suffer. Currently it is operating in all branches of insurance: auto, housing, people, industries and businesses.

Headquarters
Blvd. 25 De Mayo 53A
Venado Tuerto; Santa Fe;

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

Basic Information
Total Employees:
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Outstanding Shares:
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Incorporation Date:
December 01, 1926
Key Executives
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President
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Manager
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Deputy of the Management Board
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Deputy of the Management Board
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Deputy of the Management Board
Ownership Details
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100%
Company Performance
Financial values in the chart are available after Cooperacion Mutual Patronal SMSG 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
208.14%
Operating profit (EBIT)
-35.29%
Net Profit (Loss) for the Period
-35.29%
Total assets
236.27%
Investments
288.54%
Receivables
240.32%
Total equity
224.61%
Net Premiums Earned Trend
131.66%
Net Profit Trend
-190.17%
Return on Equity (ROE)
16.08%
Loss Ratio
12.83%
Underwriting Expenses Ratio
17.76%

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