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La Equitativa del Plata S.A. de Seguros (Argentina)

Main Activities: Insurance Carriers
Full name: La Equitativa del Plata S.A. de Seguros Profile Updated: February 06, 2024
Buy our report for this company USD 19.99 Most recent financial data: 2020 Available in: English & Spanish Download a sample report

La Equitativa del Plata S.A. de Seguros is an insurance company located in Buenos Aires, Argentina. It was founded in 1897 by a group of merchants representing various immigrant communities. Initially, the company focused on life insurance. In 1927, after the entry of a French financial group as a shareholder and a statutory reform, they expanded their offerings to include fire and automobile insurance. Over the years, La Equitativa has continuously adapted to meet the evolving needs of its customers and anticipate new risks. In 2003, they added coverage for work-related risks through Reconquista ART to their product portfolio. La Equitativa is a family-owned and national company that has been operating for over 70 years. It has served up to four generations of policyholders, insurance agents, shareholders, executives, managers, supervisors, employees, appraisers, and advisors, forming what they refer to as the La Equitativa community. With a history of over 120 years, La Equitativa has faced and will continue to face the future's greatest challenges to provide coverage and protection.

Headquarters
Carlos Pellegrini 1069
Buenos Aires (City); Federal Capital;

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

Basic Information
Total Employees:
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Outstanding Shares:
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Incorporation Date:
April 24, 1997
Key Executives
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President
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First Vice president
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Head Director
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Substitute Director
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Head Controller
Ownership Details
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24.9%
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24.49%
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22.19%
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4.5%
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4.33%
Subsidiaries
Nova Re Compania Argentina de Reaseguros S.A.
5%
Company Performance
Financial values in the chart are available after La Equitativa del Plata S.A. 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
176.67%
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
N/A
Total assets
217.91%
Investments
251.56%
Receivables
141.48%
Total equity
264.69%
Net Premiums Earned Trend
88.14%
Net Profit Trend
-1029.5%
Return on Equity (ROE)
N/A
Loss Ratio
-3.17%
Underwriting Expenses Ratio
1.24%

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