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Nacion Seguros S.A. (Argentina)

Main Activities: Direct Life Insurance Carriers | Other Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Nacion Seguros S.A. Profile Updated: March 12, 2024
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Nacion Seguros belongs to the largest financial group in the country, led by Banco de la Nacion Argentina. The group, founded in 1891, aims to meet the financial needs of individuals and legal entities, through its related companies, leaders in the markets they operate. The insurance companies of the Group were created in 1994 to participate together with the AFJP in the Pension System. As they developed their activity, different coverage needs arose especially from the Banco de la Nacion Argentina for their savings banks, checking accounts and credit cards, as well as the different lines of mortgage and personal loans. Through life insurance and retirement insurance, they covered the different protection, saving and investment needs of individuals and organizations.

Headquarters
Blvd. San Martin 913, Floor 5
Buenos Aires (City); Federal Capital; Postal Code: C1004AAS

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Website: https://www.nacion-seguros.com.ar/

Basic Information
Outstanding Shares:
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Incorporation Date:
May 13, 1994
Key Executives
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President
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Director
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Head Director
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Head Director
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Head Director
Ownership Details
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99.69%
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0.31%
Company Performance
Financial values in the chart are available after Nacion Seguros 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
294.12%
Operating profit (EBIT)
231.32%
Net Profit (Loss) for the Period
236.53%
Total assets
287.19%
Investments
303.26%
Receivables
259.66%
Total equity
264.7%
Net Premiums Earned Trend
232.41%
Net Profit Trend
-86.74%
Return on Equity (ROE)
-0.8%
Loss Ratio
0.11%
Underwriting Expenses Ratio
3.49%

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