Pena Verde SAB
8.35
MXN
-0.15
(-1.76%)
ISIN
MX01PV000008
Return %
Stock
S&P 500
1Y
5.43
14.20
3Y
-13.92
81.12
5Y
-17.98
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
MXN
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in mil. unless spec.Quarterly Revenue
MXN
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in mil. unless spec.Quarterly Earnings Per Share
MXN
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in mil. unless spec.Quarterly Dividends Per Share
MXN
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in mil. unless spec.Company Description
- CEO
- Manuel Santiago Escobedo Conover
- Full Time Employees
- 1,089
- Sector
- Finance
- Industry
- Property/Casualty insurance
- Address
- Wet Saw 626 Mexico City DF Mexico 11010
- IPO Date
- Sep 21, 2012
- Website
- grupopenaverde.com
- Similar Companies
- Business
- Peña Verde, S.A.B. is a Mexico City-based publicly traded holding company primarily engaged in the insurance and reinsurance sector. Founded in 1971, the company operates through its subsidiaries General de Seguros SAB, Reaseguradora Patria SAB, and Patria Corporate Member Ltd. Peña Verde offers a comprehensive range of insurance and reinsurance products, including life, personal accident, health, casualty, third party liability, agricultural, fire, automotive, aircraft, boats, credit, earthquake, and other catastrophic risk policies. It serves markets across Mexico, Latin America, the Caribbean, and internationally. The company has undergone significant strategic developments in recent years. It completed the acquisition of a controlling stake in its major subsidiaries, raising ownership in General de Seguros to over 98%, and fully acquiring Reaseguradora Patria. Peña Verde became publicly listed on the Mexican Stock Exchange under the ticker PV in recent years, enhancing its corporate governance and capital market presence. It also expanded its geographic operations with new entities including Patria Re Servicios in Santiago, Chile, and Patria Corporate Member Ltd., which operates within the Lloyd's market in London. Additionally, Peña Verde launched CCSS - Peña Verde, a telehealth service center, diversifying its service offerings beyond traditional insurance. Peña Verde’s business model focuses on providing integrated risk management solutions through its diverse portfolio of insurance and reinsurance products, targeting individual, commercial, and institutional clients. The company has reinforced its market position through acquisitions, organizational restructuring, and international expansion over the past two years. Its solid financial foundation is reflected in Fitch Ratings’ recent upgrades and affirmed credit ratings for its subsidiaries, underlying its strong operational and financial performance. Peña Verde maintains its headquarters in Mexico City and operates as a key player in Latin America's insurance market.