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
(2018
sales of 5.29 billion Brazilian Reals [US$1.30 billion]
of which 102%
was Insurance),
IRB Brasil Resseguros SA
of Brazil
(6.66 billion Brazilian Reals [US$1.64 billion]
), and
Interseguro Compania De Seguros S.A
which is
based in Peru
(1.35 billion Peruvian New Sols [US$405.84 million]
).
Sales Analysis.
Bicecorp SA reported sales of 963.91 billion Chilean Pesos (US$1.37 billion)
for the
year ending
December of 2018.
This
represents
an
increase of 7.7%
versus 2017, when the company's sales were 895.38 billion Chilean Pesos.
Despite this increase, sales are still
slightly
below the level achieved in 2016, when Bicecorp SA
reported sales of 964.59 billion Chilean Pesos.
Sales of Parent and Other Affiliates saw an increase
that was more than double the company's growth rate: sales were up
18.5% in 2018, from
23.37 billion Chilean Pesos to 27.69 billion Chilean Pesos.
Bicecorp SA also saw significant increases in sales in
Bice Bank (up 13.5% to 409.24 billion Chilean Pesos)
.