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Grupo Assa S.A. (Panama)

Main Activities: Direct Life Insurance Carriers | Direct Property and Casualty Insurance Carriers | Insurance Agencies and Brokerages
Secondary Activities: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
Full name: Grupo Assa S.A. Profile Updated: December 10, 2025
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English & Spanish Download a sample report

Grupo Assa S.A. is a company based in Panama, with its head office in Panama. It operates in the Direct Life Insurance Carriers sector. It was established on April 02, 1971. Grupo Assa S.A. currently employs 1,702 (2024) people. The company’s latest financial report indicates a net sales revenue increase of 5.95% in Q3C2025. A negative growth of 20.42% was recorded in its total assets.

Headquarters
Av Nicanor Con Calle 56 Este Obarrio
Panama; Panama; Postal Code: 5371

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Website: http://www.assanet.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
April 02, 1971
Key Executives
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Chief Executive Officer
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Vice President
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Subsidiaries
Activos Financieros De Centroamerica, S.A.
100%
Desarrollo El Dorado S.A.
100%
Inmobigral S.A.
100%
Company Performance
Financial values in the chart are available after Grupo Assa S.A. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency PAB. Absolute financial data is included in the purchased report.
Net Insurance Premium Revenue
5.95%
Operating Profit
9.6%
Net Profit/Loss for the Period
3.46%
Total Assets
-20.42%
Receivables
-3.44%
Total Equity
18.52%
Net Premiums Earned Trend
-4.16%
Net Profit Trend
-35.26%
Return on Equity (ROE)
-0.82%
Loss Ratio
-0.04%
Underwriting Expenses Ratio
10.31%

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