As a holding company, we divide our subsidiaries into four different business lines, as shown in the following diagram:

This structure began to take shape in 2012, when we carried our takeover bids for General de Seguros, S.A.B. and Reaseguradora Patria, S.A.B., becoming a holding company incorporating these entities.

Likewise, with the objective of boosting the competitiveness of our different business areas to a new level, on October 23 of the same year, we created Servicios Administrativos Peña Verde, S.A. de C.V., which is geared towards the integration of a participative and innovative organizational culture with a strategy focused on organizational performance.

This effort contributed to our consolidation as a solid group striving for national and international expansion, since on September 25, 2015, we established Patria Corporate Member Limited (PCM) under the laws of the United Kingdom, whose main purpose is to carry out reinsurance activities in the Lloyds Bank PLC market.

Finally, in 2016, we incorporated CCSS - Peña Verde, S.A. de C.V., whose purpose is to participate in the ancillary services market related to insurance.

As of December 31, 2020, our stake in our main subsidiaries is as follows:

Company Grupo Peña Verde’s ownership
Servicios Administrativos Peña Verde 99.9999% (1)
Reaseguradora Patria 99.98229825%
General de Seguros 98.14644%
CCSS-Peña Verde 99.9800% (2)
(1) The remaining 0.0001% is owned by Reaseguradora Patria.
(2) The remaining 0.0200% is owned by Servicios Administrativos Peña Verde.