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Seguros de Monterrey New York Life, S.A. de C.V. (Mexico)

Main Activities: Direct Life, Health, and Medical Insurance Carriers | Direct Property and Casualty Insurance Carriers
Full name: Seguros de Monterrey New York Life, S.A. de C.V. Profile Updated: February 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

Established over 60 years ago, Seguros Monterrey New York Life S.A. de C.V. is specialized in the life insurance sector. In 1992, it merged with "Aetna International Inc" creating "Seguros Monterrey Aetna". In 1995, the company merged with "Grupo Financiero Bancomer", and in 2000 the American "New York Life" was established in Mexico. Those companies gave rise to "Seguros Monterrey New York Life". Currently, it offers insurance for people and companies, such as life insurance, accident, health, etc.

Headquarters
Paseo De La Reforma No. 342, Piso 12, Colonia Juarez
Mexico City - Cuauhtemoc; Federal District of Mexico City; Postal Code: 06600

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Website: https://www.mnyl.com.mx/

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
January 31, 2008
Key Executives
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Chief Executive Officer
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Chief Financial Officer
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Chief Financial Officer
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Chief Operating Officer
Ownership Details
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Company Performance
Financial values in the chart are available after Seguros de Monterrey New York Life, S.A. de C.V. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MXN. Absolute financial data is included in the purchased report.
Net insurance premium revenue
3.67%
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
-15.41%
Total assets
1.29%
Investments
1.65%
Receivables
2.12%
Total equity
-6.77%
Net Premiums Earned Trend
-4.26%
Net Profit Trend
N/A
Return on Equity (ROE)
-2.31%
Underwriting Expenses Ratio
10.04%

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