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Axa Colpatria Seguros de Vida S.A. (Colombia)

Main Activities: Health and Welfare Funds | Direct Life Insurance Carriers
Full name: Axa Colpatria Seguros de Vida S.A. Profile Updated: March 13, 2020
Buy our report for this company USD 29.95 Most recent financial data: 2019 Available in: English & Spanish Download a sample report

Seguros de Vida Colpatria S.A. was founded on January 30, 1959. It offers a broad portfolio of products and branches composed of individual life insurance, health insurance, personal accident insurance, insurance education, insurance for the care of accident, group life insurance and group insurance and annuity. On August 8, 2013 the Superintendencia Financiera de Colombia, authorized the demerger of the companies: Seguros Colpatria S.A., Seguros de Vida Colpatria S.A. and Capitalizadora Colpatria S.A. with the condition that the new companies will be capitalized once the division is complete. This process will create three new entities: Barlie Global Inc., Gieran SA and Banderato Corp., which will be registered in Panama. In addition, the stakes currently held by the companies in Banco Colpatria S.A., Brunate Holding Inc. and Mineros S.A.will be transferred to the new entities.

Headquarters
Carrera 7 No. 24 - 89 Pisos 4 Y 7 (Torre Colpatria)
Bogota D.C.; Bogota D.C;

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Website: http://www.pendiente.com.co

Basic Information
Total Employees:
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Financial Auditors:
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Ratings:
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Incorporation Date:
January 30, 1959
Key Executives
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Legal Representative
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Legal Representative
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Legal Representative
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Legal Representative
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Legal Representative
Ownership Details
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51%
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22.65%
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14.44%
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8.9%
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2.8%
Company Performance
Financial values in the chart are available after Axa Colpatria Seguros de Vida S.A. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency COP. Absolute financial data is included in the purchased report.
Net insurance premium revenue
21.11%
Net fee and commission income
-49.53%
Operating profit (EBIT)
151.64%
Net Profit (Loss) for the Period
197.36%
Total assets
16.09%
Investments
15.88%
Receivables
15%
Total equity
40%
Net Premiums Earned Trend
9.37%
Net Profit Trend
-39.62%
Return on Equity (ROE)
6.28%
Loss Ratio
-4.02%
Underwriting Expenses Ratio
-4.94%

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