Grupo de Inversiones Suramericana SA operates within the Life insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Grupo de Inversiones Suramericana SA with three other
insurance companies in Latin America:
IRB Brasil Resseguros SA
sales of 8.63 billion Brazilian Reals [US$1.71 billion]
(1.05 trillion Chilean Pesos [US$1.45 billion]
of which 57%
was Life Insurance), and
BB Seguridade Participacoes SA
based in BRAZIL
(5.24 billion Brazilian Reals [US$1.04 billion]
of which 109%
During the first
quarter of 2021, sales at Grupo de Inversiones Suramericana SA totalled
5.32 trillion Colombian Pesos .
an increase of 14.6%
from the 4.64 trillion Colombian Pesos in sales at the company during the first quarter of 2020.
There appears to be at least some degree of seasonality in the sales at Grupo de Inversiones Suramericana SA: during 7 of the previous 8
years, sales were highest during the fourth quarter.
The exception to this was during 2013, when the
third quarter was the best quarter, accounting for
29% of sales (during that same year, the
fourth quarter accounted for 24% of sales).
During the year ended December of 2020, sales at
Grupo de Inversiones Suramericana SA were 20.48 trillion Colombian Pesos (US$5.53 billion).
decrease of 0.8%
versus 2019, when the company's sales were 20.64 trillion Colombian Pesos .
Contributing to the drop in overall sales was the 96.3% decline
in Services, from 5.24 trillion Colombian Pesos to 192.01 billion Colombian Pesos .
There were also decreases in sales in
Fund Management (down 11.3% to 3.44 trillion Colombian Pesos )
However, these declines were partially offset by the increase in sales of
Insurance (up 33.1% to 16.99 trillion Colombian Pesos )
Corporate (up 1.8% to 1.14 trillion Colombian Pesos )