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Seguros Alianza S.A. (Ecuador)

Main Activities: Insurance Carriers
Secondary Activities: Insurance Carriers and Related Activities | Other Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Seguros Alianza 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

Seguros Alianza S.A. is an Ecuadorian insurance company located in Quito. It was founded on July 8, 1982, by Álvaro Florez and Carlos Romero, who were originally from Spain. The company was born out of their vision and passion for the insurance market in Ecuador. Within just three months of its establishment, Seguros Alianza had expanded its operations to include offices in Guayaquil and Cuenca. The company's main objective is to provide the best risk coverage products and serve the Ecuadorian people. They strive to achieve this by constantly innovating their product offerings and improving their guarantees. Seguros Alianza is committed to enriching their range of products and developing better coverage options to continue serving the entire country. Florez and Romero believe that people are the company's greatest asset. They have dedicated their efforts to ensuring that Seguros Alianza is a company that is fully focused on its employees and customers. They prioritize providing excellent service with respect, honesty, and trust. Above all, they aim to be a company that keeps its promises.

Headquarters
Av. 12 de Octubre y Baquerizo Moreno, Alianza Tower
Quito; Pichincha;

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Website: http://www.segurosalianza.com/

Basic Information
Outstanding Shares:
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Registered Capital:
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Incorporation Date:
July 08, 1982
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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31.65%
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29.1%
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22.29%
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16.15%
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0.08%
Company Performance
Financial values in the chart are available after Seguros Alianza 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
39.25%
Net fee and commission income
22.97%
Operating profit (EBIT)
18.58%
Net Profit (Loss) for the Period
110.01%
Total assets
14.06%
Investments
124.65%
Receivables
1.6%
Total equity
0.59%
Net Premiums Earned Trend
-54.64%
Net Profit Trend
109.09%
Return on Equity (ROE)
4.74%
Loss Ratio
6.37%
Underwriting Expenses Ratio
-6.53%

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