Bicecorp SA operates in the Life insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Bicecorp SA with three other
insurance companies in Latin America:
BB Seguridade Participacoes SA
of BRAZIL
(2020
sales of 5.24 billion Brazilian Reals [US$994.32 million]
of which 109%
was Insurance),
IRB Brasil Resseguros SA
of BRAZIL
(8.63 billion Brazilian Reals [US$1.64 billion]
), and
Grupo Profuturo S.A.B. DE C.V.
which is
based in MEXICO
(19.23 billion Mexican Pesos [US$968.07 million]
of which 66%
was Pension Insurance).
Sales Analysis.
Bicecorp SA reported sales of 1.05 trillion Chilean Pesos (US$1.51 billion)
for the
year ending
December of 2020.
This
represents
a
decrease of 10.1%
versus 2019, when the company's sales were 1.17 trillion Chilean Pesos .
The sales level in 2020 was fairly close to the level five years ago: in 2015, Bicecorp SA had sales
of 971.28 billion Chilean Pesos .
Contributing to the drop in overall sales was the 13.0% decline
in Life Insurance, from 685.27 billion Chilean Pesos to 596.45 billion Chilean Pesos .
There were also decreases in sales in
Bice Bank (down 6.3% to 426.70 billion Chilean Pesos )
and
Parent and Other Affiliates (down 2.2% to 30.49 billion Chilean Pesos )
.