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Grupo Nacional Provincial, S.A.B. (Mexico)

Main Activities: Direct Life, Health, and Medical Insurance Carriers | Direct Property and Casualty Insurance Carriers
Full name: Grupo Nacional Provincial, S.A.B. Profile Updated: February 21, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

Grupo Nacional Provincial S.A. B. is a company operating within the insurance sector. In 1972, "Grupo Bal" acquired "La Nacional Compañía de Seguros", (founded in 1901), and "Seguros la Provincial" (founded in 1936) and in December 1992 this companies merged and adopted the name "Grupo Nacional Provincial". The company operates in the segments of life insurance (medical expenses, accidents, and illnesses), car insurance, damage insurance, health insurance (through "Medica Integral GNP"), medical attention and emergency transportation ("Medica Movil"), integral health plans ("Medica Integral GNP"), bonds ("Credito Afianzador"), credit ("Arrendadora Valmex"), salvages("GNP Comercializadora de Salvamentos") and sales Administration ("Administradora de Venta Masiva").

Headquarters
Avenida Cerro De Las Torres Nu. 395 Campestre Churubusco
Mexico City; Federal District of Mexico City; Postal Code: 04200

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Website: http://www.gnp.com.mx

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
November 21, 1901
Key Executives
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President
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Chief Executive Officer
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Chief Financial Officer
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Director/Member of the Board
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Secretary
Ownership Details
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Subsidiaries
Corporacion Gnp
99.9%
Gnp Administracion De Venta Masiva S.A. De C.V.
99.9%
Medica Movil
99.9%
Company Performance
Financial values in the chart are available after Grupo Nacional Provincial, S.A.B. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MXN. Absolute financial data is included in the purchased report.
Net insurance premium revenue
33.77%
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
52.29%
Total assets
7.33%
Investments
754.4%
Receivables
-2.92%
Total equity
23.14%
Net Premiums Earned Trend
2.21%
Net Profit Trend
-10.45%
Return on Equity (ROE)
4.19%
Underwriting Expenses Ratio
8.83%

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