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La Union Compania Nacional de Seguros S.A. (Ecuador)

Main Activities: Insurance Carriers
Full name: La Union Compania Nacional de Seguros S.A. Profile Updated: March 30, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

La Union Compania Nacional de Seguros S.A. is a company located in Guayaquil, Ecuador. Founded over 75 years ago, it is the first national insurance company in the country. La Union Compania Nacional de Seguros S.A. has been a pioneer in the private insurance industry, introducing contemporary products to the market. The company is committed to providing its customers with the most suitable products and constant advice.

Headquarters
Km 5,5 Rd to La Costa, Urb. Los Cedros Solares 1-2
Guayaquil; Guayas;

Contact Details: Purchase the La Union Compania Nacional de Seguros S.A. report to view the information.

Website: http://www.seguroslaunion.com/

Basic Information
Outstanding Shares:
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Registered Capital:
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Incorporation Date:
April 21, 1943
Key Executives
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Chairman
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Vice President
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Member of Board of Directors
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Member of Board of Directors
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General Manager
Ownership Details
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98.75%
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0.52%
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0.25%
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0.22%
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0.06%
Subsidiaries
Inmobiliaria Shantou S.A.
100%
Generali Ecuador S.A.
0.24%
Company Performance
Financial values in the chart are available after La Union Compania Nacional de Seguros S.A. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net insurance premium revenue
28.78%
Net fee and commission income
1053.29%
Operating profit (EBIT)
882.21%
Net Profit (Loss) for the Period
1520.35%
Total assets
165.14%
Investments
60.15%
Receivables
10.13%
Total equity
0.72%
Net Premiums Earned Trend
-43.53%
Net Profit Trend
1403.13%
Return on Equity (ROE)
53.48%
Loss Ratio
-1.88%
Underwriting Expenses Ratio
128.61%

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