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Mercantil Seguros C.A. (Venezuela)

Main Activities: Direct Health and Medical Insurance Carriers | Direct Property and Casualty Insurance Carriers
Full name: Mercantil Seguros C.A. Profile Updated: January 06, 2021
Buy our report for this company USD 19.99 Most recent financial data: 2017 Available in: English & Spanish Download a sample report

Mercantil Seguros (formerly Central de Seguros), was founded in December of 1988, after the decision of the Consorcio Inversionista Mercantil "CIMA" and Mercantil Banco Universal S.A. C.A. to expand the range of services they offered.
In the year 1998 it was associated with Aetna, the largest health insurer in North America with over 23 million members and 140 years of experience. This strategic alliance allowed having fast and efficient technology, resources and support necessary to continue as leaders in the insurance market.
In 2002 the New Mercantil Seguros was founded following its integration with Orinoco Insurance company with over 44 years of experience in the insurance market and strengthening its network of branches and agencies consisting of more than 35 service points throughout the country.

Headquarters
Edificio Sede de Mercantil Seguros, Av. Libertador con Av. Isaias Latigo Chavez, Urbanizacion Estado Leal
Distrito Metropolitano de Caracas; Distrito Capital; Postal Code: 1060

Contact Details: Purchase the Mercantil Seguros C.A. report to view the information.

Website: http://www.segurosmercantil.com

Basic Information
Registered Capital:
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Financial Auditors:
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Incorporation Date:
December 08, 1988
Key Executives
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President
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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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99.95%
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0.01%
Subsidiaries
Mercantil Financiadora de Primas C.A
100%
Company Performance
Financial values in the chart are available after Mercantil Seguros C.A. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency VEF. Absolute financial data is included in the purchased report.
Net insurance premium revenue
-99.99%
Net fee and commission income
-99.59%
Operating profit (EBIT)
97.8%
Net Profit (Loss) for the Period
-100%
Total assets
-99.93%
Investments
-99.92%
Receivables
-99.93%
Total equity
-99.85%
Net Premiums Earned Trend
N/A
Net Profit Trend
N/A
Return on Equity (ROE)
-9.49%

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