Company Overview of Interseguro Compania de Seguros S.A.
Interseguro Compania de Seguros SA operates as an insurance company in Peru. It offers life insurance products, such as flex life, whole life, life endowment, term life, savings, accident protection, and guaranteed education insurance; annuity products with various retirement options; and mass insurance products, including statutory accident insurance, bancassurance, group insurance, and worksite insurance, as well as general insurance services, which covers armored card and debit protection plans. The company was founded in 1998 and is based in San Isidro, Peru.
Av. Pardo y Aliaga 640
Founded in 1998
Key Executives for Interseguro Compania de Seguros S.A.
Vice-President of Finance & Human Development and Director
Vice-President of Operations
Investment Vice President and Director
Commercial Vice President and Director
Compensation as of Fiscal Year 2014.
Interseguro Compania de Seguros S.A. Key Developments
Interseguro Compania de Seguros S.A. Announces Earnings Results for the Second Quarter Ended June 30, 2014
Jul 30 14
Interseguro Compania de Seguros S.A. announced earnings results for the second quarter ended June 30, 2014. For the quarter, the company reported premiums were PEN 177.8 million compared to PEN 136.8 million for the same period a year ago. Net income was PEN 59.0 million compared to PEN 17.1 million for the same period a year ago. ROE was 68.7% compared to 15.7% for the same period a year ago. The year over year premiums increase is mainly attributable to higher sales in Annuities and Non-Life. The increase in Annuities was achieved by Interseguro's leadership position in a market that increased 27.1%. The increase in Non-Life is due to Card Protection premiums provisions and to increased sales of Payments Protection previously explained, as well as sales of Car Insurance and Extended Warranty. Net investment income was PEN 107.6 million compared to PEN 57.3 million for the same period a year ago.
Interseguro Reports Earnings Results for the Second Quarter Ended June 30, 2013
Jul 25 13
Interseguro reported earnings results for the second quarter ended June 30, 2013. For the quarter, the company has posted net income of PRN 17.1 million against PEN 122.5 million a year ago. ROE was 15.6% against 138.0% a year ago. The year on year decline in net earnings was due to a PEN 105.9 million reduction in investment income, explained by a PEN 106.3 million non-recurring gain on the sale of real estate investments reported in second quarter of 2012, which included the Real Plaza Mall in Chiclayo and the north wing of Real Plaza Primavera Mall in Lima. Premiums were PEN 136.8 million against PEN 106.3 million a year ago.
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