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Banestes Seguros S.A. (Brazil)

Main Activities: Direct Insurance (except Life, Health, and Medical) Carriers
Secondary Activities: Direct Life Insurance Carriers
Full name: Banestes Seguros S.A. Profile Updated: April 23, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Portuguese Download a sample report

Established in March 8, 1971, Banestes Seguros is present north and south in the state of Espirito Santo. The company holds a considerable market share in the state, in the fields of automobile and life. Banestes Seguros has in its portfolio coverage in the branches: Cars, Life and Personal Accident and it´s policy and its action is directed to retail sales through it´s branch network and its partnership with the Insurance Brokers in the state of Espirito Santo´s market.

Headquarters
Rua Cassiano Antonio Moraes 60, Pavmto3, Enseada do Sua
Vitoria; Espirito Santo; Postal Code: 29050525

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Website: http://www.banestes.com.br

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
September 27, 1971
Key Executives
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Board of Directors - Council
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Board of Directors - Council
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Board of Directors - Council
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Board of Directors - Council
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Board of Directors - Council
Ownership Details
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100%
Company Performance
Financial values in the chart are available after Banestes Seguros S.A. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BRL. Absolute financial data is included in the purchased report.
Net insurance premium revenue
0.71%
Operating profit (EBIT)
11.87%
Net Profit (Loss) for the Period
24.42%
Total assets
34.47%
Investments
67.69%
Receivables
1.3%
Total equity
126.33%
Net Premiums Earned Trend
-25.47%
Net Profit Trend
-22.79%
Return on Equity (ROE)
-2.24%
Loss Ratio
2.46%
Underwriting Expenses Ratio
3.28%

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