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Compania de Seguros Confuturo S.A. (Chile)

Main Activities: Direct Life Insurance Carriers | Reinsurance Carriers
Full name: Compania de Seguros Confuturo S.A. Profile Updated: January 30, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

Compania de Seguros Confuturo S.A., located in Santiago, is a leading company in the payment of life annuities, with over 105,000 pensioners. It is also a leader in real estate investments and one of the two main institutional investors in Chile. The company recently merged with CorpSeguros S.A., maintaining all contractual conditions and services for its clients. As a group, Confuturo and CorpSeguros pay over 100,000 pensions per month, making them the top payer of life annuities in the industry. The main shareholder, Inversiones Confuturo S.A, has shown confidence in the company by subscribing and paying UF 1,000,000 for a capital increase. Additionally, Confuturo and CorpSeguros have acquired 10 "Espacio Urbano" shopping centers, marking the largest transaction in Chile's real estate history.

Headquarters
Apoquindo 6750 - Piso 19
Santiago; Metropolitana;

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Website: https://www.confuturo.cl

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
November 14, 1989
Key Executives
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Director
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Director
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Director
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Director
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Director
Ownership Details
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100%
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Subsidiaries
Inmobiliarias e Inversiones Seguras S.A.
30.44%
Company Performance
Financial values in the chart are available after Compania de Seguros Confuturo S.A. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CLP. Absolute financial data is included in the purchased report.
Net insurance premium revenue
41.99%
Net fee and commission income
-16.31%
Total assets
7.44%
Investments
8.3%
Receivables
0.22%
Total equity
1.22%
Net Premiums Earned Trend
-49.25%
Loss Ratio
19.91%
Underwriting Expenses Ratio
15.27%

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