Grupo Peña Verde is the holding company of several subsidiaries that are grouped into 4 different business lines. This structure began to take shape in 2012, when we became the holding company of General de Seguros, S.A.B. and Reaseguradora Patria, S.A., following the corresponding takeover bids.
Later that same year, in October, we established Servicios Administrativos Peña Verde, S.A. de C.V., which seeks to integrate a participatory and innovative organizational culture that promotes optimal organizational performance, in order to strengthen the competitiveness of all business lines. And, in 2013, we established Patria Re Marketing Services, Ltd in London.
As a stronger group with the capacity for domestic and international expansion, on September 25, 2015, we incorporated Patria Corporate Member Limited (PCM) under the laws of the United Kingdom, to capitalize on the reinsurance opportunities offered by the Lloyd’s Bank PLC market. We also established Patria Re Servicios, S.A. in Santiago de Chile.
Lastly, in 2016, we established CCSS - Peña Verde, S.A. de C.V. to engage in the insurance-related ancillary services market; and, we established Patria Risk Management, Inc in Miami.
Company | Grupo Peña Verde's Stake |
---|---|
Servicios Administrativos Peña Verde | 99.9999% (1) |
Reaseguradora Patria | 99.98229825% |
General de Seguros | 98.4475% |
CCSS Peña Verde | 99.99% (2) |
(2) The remaining 0.001% is owned by Servicios Administrativos Peña Verde