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La Meridional Paraguaya S.A. de Seguros (Paraguay)

Main Activities: Insurance Carriers
Full name: La Meridional Paraguaya S.A. de Seguros Profile Updated: October 03, 2023
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

La Meridional Paraguaya S.A. de Seguros was founded on October 4, 1990 in Asunción, Paraguay. On July 31, 1991, it obtained authorization from the Executive Power to begin its operations. Initially, the company operated from offices located at Yegros Street No. 954 in Asunción, until it acquired its own offices at Iturbe Street No. 1046 in the same city in 1993. From the beginning, the company's business policy has focused on stability and excellence in providing services to its customers. Selectivity, professionalism, and prudence in underwriting insurance policies have always guided the thinking and actions of La Meridional's executives.

Headquarters
Iturbe 1046 entre Teniente Farina y Republica de Colombia
Asuncion; Distrito Capital;

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Website: http://meridional.com.py/

Basic Information
Outstanding Shares:
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Registered Capital:
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Incorporation Date:
July 31, 1991
Key Executives
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President
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Vice President
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Syndic
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Director
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Director
Company Performance
Financial values in the chart are available after La Meridional Paraguaya S.A. de Seguros report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency PYG. Absolute financial data is included in the purchased report.
Net insurance premium revenue
-64.5%
Operating profit (EBIT)
52.87%
Net Profit (Loss) for the Period
45.92%
Total assets
-31.32%
Investments
11.23%
Receivables
-30.31%
Total equity
25.73%
Net Premiums Earned Trend
N/A
Net Profit Trend
-2.1%
Return on Equity (ROE)
0.61%
Underwriting Expenses Ratio
13.63%

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