Qualitas Compania de Seguros, S.A.B. de C.V.
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Qualitas Compania de Seguros, S.A.B. de C.V.
- Company Capsule
Reference Code: FS0460CC
Published Date: April 2011
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Qualitas Compania de Seguros, S.A.B. de C.V. - Page 1
Company Profile
Qualitas Compania de Seguros, S.A.B. de C.V.
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Qualitas Compania de Seguros, S.A.B. de C.V. - Company Overview
Qualitas Compania de Seguros, S.A.B. de C.V. (Qualitas) is a Mexican insurance company. The company principally
offers insurance service to automobile sector for Mexican residents and for foreigners the US and Canada. Qualitas also
offers insurance for Mexican personal-use vehicles to cover travel outside the country. The company provides services
also to cover civil and professional liabilities, fire, automobiles, earthquake and other catastrophes, and miscellaneous
risks. Qualitas has non-financial sector subsidiaries namely, Asesoria y Servicios Q SA de CV, Corporativa COQU SA de
CV and Activos Jal SA de CV. The company insured 1.3 million vehicles in Mexico. Qualitas holds a leading market
position in Mexican automobile insurance market with 19.3% market share. The company is headquartered in Mexico
City, Mexico.
Financial Performance
The company reported revenue of MXN7,793 million during the fiscal year ended 2009. The company's revenue grew at a
CAGR of 7.92% during the period 2007-2009 with a year on year decrease of 1.08% over fiscal year 2008. During the
fiscal year 2009, its operating margin was 1.03% as against an operating margin of -0.57% in fiscal year 2008. During the
fiscal year 2009, the company registered a net margin of 1.94% as against a net margin of 4.29% in the fiscal year 2008.
Qualitas Compania de Seguros, S.A.B. de C.V. - Key Facts
Qualitas Compania de Seguros, S.A.B. de C.V., Key Facts
Boulevard Picacho Ajusco 236,
Ticker Symbol, Stock
Corporate Address: Mexico, , 14210, Mexico
QCPO (Mexico Stock Exchange)
Exchange
Telephone + 52 55 50025500 No. of Employees 2,363
Fax + 52 55 50025500 Financial Year End December
URL www.qualitas.com.mx Revenue (in MXN Million) 7,792.63
Industry Financial Services Revenue (in USD Million) 576.38
Locations Mexico
Source: Annual Report, Company Website, Primary and Secondary Research
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Qualitas Compania de Seguros, S.A.B. de C.V. - Company Page 2
Profile
Qualitas Compania de Seguros, S.A.B. de C.V.
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Qualitas Compania de Seguros, S.A.B. de C.V. - Major Products and Services
Qualitas Compania de Seguros, S.A.B. de C.V. is an automobile insurance provider in Mexico. Key products and services
of the company include the following:
Qualitas Compania de Seguros, S.A.B. de C.V., Major Products and Services
Products:
Prepaid cards
Services:
Automobile Insurance:
Automovile Insurance (Tourist).
Insurance For Mexican Personal-Use Vehicles
Source: Annual Report, Company Website, Primary and Secondary Research
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Qualitas Compania de Seguros, S.A.B. de C.V. - Company Page 3
Profile
Qualitas Compania de Seguros, S.A.B. de C.V.
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Qualitas Compania de Seguros, S.A.B. de C.V. - Key Competitors
The following companies are the major competitors of Qualitas Compania de Seguros, S.A.B. de C.V.:
General de Seguros SAB
Grupo Financiero BBVA Bancomer, S.A. de C.V.
Grupo Nacional Provincial SA
Reaseguradora Patria S.A.B.
Compania General de Seguros SA
La Latinoamericana Seguros SA
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Qualitas Compania de Seguros, S.A.B. de C.V. - Company Page 4
Profile
Qualitas Compania de Seguros, S.A.B. de C.V.
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Qualitas Compania de Seguros, S.A.B. de C.V. - Key Employees
Qualitas Compania de Seguros, S.A.B. de C.V., Key Employees
Name Job Title Board Level Since Age
Arturo Membrillo Romero Director, Director Non Executive Board
Brockmann Eduardo
Director Non Executive Board
Lozano
Carlos Sauri Campos Director Non Executive Board
Hector Rosas Rivera Director - Regional Director Executive Board 1999
Herrmann Harald
Director Non Executive Board 2005
Feldhaus
Joaquín Brockman President, Chief Executive Officer,
Executive Board 1996
Lozano Chairman
Jose Antonio Zarur Menez Director Non Executive Board
Jose Torres Olmos Director Non Executive Board 2008
Juan Felipe Sottil
Director Non Executive Board
Achutegui
Juan Marco Gutierrez
Director Non Executive Board
Wanless
Juan Murguia Pozzi Director Executive Board 1998
Juan Orozco y Gomez
Director Non Executive Board 2005
Portugal
Martin Rueda de Leon
Director Non Executive Board
Castillo
Raul Alejandro Jimenez
Director Non Executive Board 2005
Bonnet Garcia
Ricardo Escamilla Ruiz Director - Technical Director Non Executive Board 2003
Velarde Fernando Muro Director Non Executive Board
Wilfrido Javier Castillo
Director Non Executive Board
Miranda Olea
Wilfrido Javier Castillo
Chief Financial Officer, Director Executive Board 1996
Sanchez Mejorada
Source: Annual Report, Company Website, Primary and Secondary Research
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Qualitas Compania de Seguros, S.A.B. de C.V. - Company Page 5
Profile
Qualitas Compania de Seguros, S.A.B. de C.V.
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Qualitas Compania de Seguros, S.A.B. de C.V. - Locations and Subsidiaries
Head Office
Qualitas Compania de Seguros, S.A.B. de C.V.
Boulevard Picacho Ajusco 236
Mexico
Zip: 14210
Mexico
Tel: + 52 55 50025500
Fax: + 52 55 50025500
Other Locations & Subsidiaries
Qualitas Compania de Seguros, S.A.B. de C.V., Locations
Av Juárez No. 88, Room 410, Col. Centro CP
Leibinitz No. 167 Col. Anzures
Mexicao city
Zip: 11590
Zip: 060100