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Panal Compania de Seguros Generales S.A. (Paraguay)

Main Activities: Insurance Carriers
Full name: Panal Compania de Seguros Generales S.A. 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

Panal Compañía de Seguros Generales S.A. is a Paraguayan insurance company that offers traditional insurance within the property and personal branches. It was incorporated in December 2002 and authorized to operate as an insurance company by the Superintendence of Insurance of the Central Bank of Paraguay since February 2003. The company is supported by its shareholders, leading cooperatives in the sector, including Cooperativa Universitaria Ltda. with 91% of the shares, Cooperativa Binacional de Servicios Cabal Paraguay Ltda. with 1% of the shares, and Cooperativa Multiactiva Lambaré Ltda. with 8% of the shares. The company has a social capital of 38,400,000,000.- represented by 38,400 shares. To provide greater coverage and support to policyholders, Panal Compañía de Seguros Generales S.A. has a headquarters located in one of the main corporate areas of the capital city, as well as 2 service centers and 17 representations in the main cities of the Eastern Region. Over the years, the company's real coverage and solvency have earned the trust of more than 25,000 people who rely on their products and services.

Headquarters
Av. Dr. Guido Boggiani 5579 c/ Procer Arguello
Asuncion; Distrito Capital;

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Website: http://www.panalseguros.com.py/

Basic Information
Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
December 05, 2002
Key Executives
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President
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General Manager
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Vice President
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Administration and Finance Manager
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Commercial Manager
Ownership Details
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99%
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1%
Company Performance
Financial values in the chart are available after Panal Compania de Seguros Generales S.A. 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
10.05%
Operating profit (EBIT)
529.47%
Net Profit (Loss) for the Period
521.39%
Total assets
13.8%
Investments
15.04%
Receivables
2.33%
Total equity
13.03%
Net Premiums Earned Trend
-8.44%
Net Profit Trend
N/A
Return on Equity (ROE)
3.2%
Underwriting Expenses Ratio
-1.5%

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