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HDI Seguros S.A. (Chile)

Main Activities: Direct Property and Casualty Insurance Carriers | Direct Title Insurance Carriers
Full name: HDI Seguros S.A. Profile Updated: January 29, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

HDI Seguros S.A. is one of the leading insurance companies in Chile. It is recognized for providing excellent service to its customers and offering innovative products and services. The company focuses on integrating digitalization into its products and processes, exchanging best practices, and developing new technologies. HDI Seguros is backed by Talanx AG, the third-largest insurance conglomerate in Germany and the seventh-largest in Europe. Talanx AG has annual gross premium income of over 50 billion Euros and also controls Hannover RE, a leading global reinsurer. HDI Seguros has a history of over 120 years and operates in more than 175 countries with over 24,000 employees worldwide. It is part of HDI International AG, one of the five business lines of the Talanx Group, with operations in Europe and Latin America, including Chile, Argentina, Brazil, Mexico, Uruguay, and Colombia. HDI Seguros is one of the five core businesses for the Talanx Group, along with Mexico, Brazil, Poland, and Turkey.

Headquarters
Blvd. Alonso De Cordova 5151, Floor 18
Santiago; Metropolitana;

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Website: http://www.magallanes.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:
January 20, 1956
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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99.95%
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Company Performance
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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
10.13%
Net fee and commission income
-15.75%
Total assets
16.76%
Investments
27.41%
Receivables
8.61%
Total equity
19.77%
Net Premiums Earned Trend
-50.09%
Loss Ratio
3.28%
Underwriting Expenses Ratio
7.25%

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