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Reaseguradora Patria S.A.B (Mexico)

Main Activities: Direct Life Insurance Carriers
Full name: Reaseguradora Patria S.A.B Profile Updated: March 18, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

Reaseguradora Patria S.A.B is a company located in Mexico City - La Magdalena Contreras. The company's mission is to participate in the risk management of businesses through comprehensive reinsurance services and personalized economic, technical, and administrative advice. They aim to build long-term business relationships for the benefit of their shareholders, clients, employees, partners, and society in general. The company's teams are composed of individuals with integrity, teamwork skills, and good preparation. They constantly update their knowledge and strive to deliver total commitment to their work. The teams possess decision-making capabilities, market sensitivity, customer orientation, and provide the best value solutions. They develop new competencies, particularly in customer service and advisory roles, and possess qualities such as identifying opportunities, effective communication and negotiation skills, critical judgment, analytical aptitude, and decision-making abilities. All employees are aligned with the company's institutional philosophy and actively contribute to the growth of Reaseguradora Patria S.A.B. The company values the retention of individuals based on their ability to generate profitability, growth potential, performance quality, integrity, and commitment to the organization.

Headquarters
Periferico Sur No. 2771, Col. San Jeronimo Lidice
Mexico City - La Magdalena Contreras; Federal District of Mexico City; Postal Code: 10200

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Website: https://www.patriare.com.mx/

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
February 26, 1953
Key Executives
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Member of Board of Directors
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Member of Board of Directors
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Member of Board of Directors
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Member of Board of Directors
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Member of Board of Directors
Ownership Details
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16.09%
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10.06%
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9.99%
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9.99%
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9.99%
Company Performance
Financial values in the chart are available after Reaseguradora Patria 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
11.01%
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
-2.03%
Total assets
10.49%
Investments
9.11%
Receivables
-0.99%
Total equity
11.95%
Net Premiums Earned Trend
-17.6%
Net Profit Trend
4.01%
Return on Equity (ROE)
-1.39%
Underwriting Expenses Ratio
11.86%

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