Pena Verde SAB 2020 IR
The report highlights Grupo Peña Verde's performance in 2020, during which the company surpassed the Ps. 10 billion mark in written premiums for the first time, representing a 24.5% annual increase. This growth was primarily driven by Reaseguradora Patria's 41.2% expansion in written premiums. Despite recording a net loss of Ps. 195.5 million due to pandemic-related market volatility and increased reserve bookings, the company demonstrated strong financial resilience. Additionally, the company reinforced its ESG commitment by adhering to the United Nations Global Compact and restructuring its Board of Directors to consist entirely of independent directors.
Company: Pena Verde SAB
Sector: Financials
Country: Mexico
Year: 2020
Type: IR
Pages: 103
Pena Verde SAB
Annual Report Sustainability
The report highlights Grupo Peña Verde's performance in 2020, during which the company surpassed the Ps. 10 billion mark in written premiums for the first time, representing a 24.5% annual increase. This growth was primarily driven by Reaseguradora Patria's 41.2% expansion in written premiums. Despite recording a net loss of Ps. 195.5 million due to pandemic-related market volatility and increased reserve bookings, the company demonstrated strong financial resilience. Additionally, the company reinforced its ESG commitment by adhering to the United Nations Global Compact and restructuring its Board of Directors to consist entirely of independent directors.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Energy Consumption
Water Consumption
Employees