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Seguros Banorte Generali S.A. de C.V. (Mexico)

Main Activities: Direct Property and Casualty Insurance Carriers | Reinsurance Carriers
Full name: Seguros Banorte Generali S.A. de C.V. Profile Updated: February 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

Seguros Banorte Generali S.A. de C.V. was established in 1997 as a partnership between "Grupo Financiero Banorte" and "Generali Group" of Italy. It is dedicated to developing insurance and reinsurance activities in the operations of life, injury and illness in the fields of personal injury and medical expenses, and damages in the fields of civil liability and professional risks, maritime and transportation, fire, agriculture and of animals, cars, credit exclusively in reinsurance, earthquakes and other catastrophic risks.

Headquarters
Av. Hidalgo No. 250 Pte., Col. Centro
Mexico City; Federal District of Mexico City; Postal Code: 64000

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

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
September 25, 1990
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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100%
Subsidiaries
Asistencia Banorte, S.A. De C.V.
Comercial Banorte, S.A. De C.V.
Servicios BanorteS.A. De C.V.
Company Performance
Financial values in the chart are available after Seguros Banorte Generali S.A. de C.V. 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
33.71%
Operating profit (EBIT)
-48.31%
Net Profit (Loss) for the Period
17.87%
Total assets
22.46%
Investments
23.95%
Receivables
21.49%
Total equity
6.57%
Net Premiums Earned Trend
28.41%
Net Profit Trend
-0.98%
Return on Equity (ROE)
2.21%
Underwriting Expenses Ratio
19.07%

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