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Colina Holdings Bahamas Limited (Bahamas)

Main Activities: Direct Life Insurance Carriers | Direct Health and Medical Insurance Carriers
Full name: Colina Holdings Bahamas Limited Profile Updated: February 21, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English & Spanish Download a sample report

Colina Holdings Bahamas Limited, located in Nassau, is the largest provider of life and health insurance and related financial planning products in The Bahamas. The company traces its roots back to Canadian and American insurance giants, Imperial Life Assurance Company of Canada and the Insurance Company of North America (INA), later known as CIGNA International. In 1899, Imperial Life Assurance Company of Canada formed its Nassau Agency, the first to be created outside of Canada. In 1965, INA began operations in The Bahamas. Colina Insurance Limited is known for its trust, integrity, and responsibility. They offer insurance and related financial services products to help clients prepare for unexpected events. The company is committed to market-leading innovations, reliable products, and cordial customer service. Colina also engages in corporate stewardship by partnering with non-profit organizations and causes that promote health and wellness, music and the arts, education, and financial literacy and stability. The company's employees actively participate in the community and Colina is intentional about recruiting top talent and providing an attractive compensation package and a motivating work environment. Colina is dedicated to constant innovation and being responsible corporate citizens, aiming to achieve maximum value for all stakeholders, including customers, employees, shareholders, and the community.

Headquarters
308 East Bay Street, P. O. Box N-4728
Nassau; Nassau; Postal Code: N-4728

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Website: http://www.colina.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
June 20, 2012
Key Executives
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Chairman
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President
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Chief Executive Officer
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Chief Operating Officer
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Vice President
Subsidiaries
Bay St. Holdings Ltd.
100%
Cfal Securities Ltd.
100%
Colimpco One Ltd.
100%
Company Performance
Financial values in the chart are available after Colina Holdings Bahamas Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BSD. Absolute financial data is included in the purchased report.
Net insurance premium revenue
-4.95%
Operating profit (EBIT)
143.81%
Net Profit (Loss) for the Period
186.89%
Total assets
5.89%
Investments
39.6%
Receivables
111.38%
Total equity
1.71%
Net Premiums Earned Trend
N/A
Net Profit Trend
N/A
Return on Equity (ROE)
4.77%
Loss Ratio
-2.9%
Underwriting Expenses Ratio
18.62%

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