Letter to Shareholders


As Chairman of Peña Verde, and on behalf of the Board, I would like to greet and welcome you to our first annual report.

Enrique Julio Zorrilla Fullaondo
Chairman of Peña Verde

Peña Verde, S. A. B.



In Peña Verde Group we are a portfolio of companies primarily dedicated to risk management, drawing for this purpose from our Insurance and Reinsurance Divisions. Our wide scope in the industry comprehensively covers the management of risk from its inception to its final placement.

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Business Divisions

Insurance


Represented by General de Seguros, which consolidates General de Salud and other subsidiaries

Reinsurance


Comprises Reaseguradora Patria, the oldest reinsurance company in Latin America, it has collaborated with the risk management of the reinsurance industry through comprehensive services and personalized advice on economic, technical and administrative topics.

Business Support and
Transformation Division

This newly-formed division seeks to coordinate efforts to achieve a technological and cultural transition in our Group

Asset Management
and Financial
Strategy Division

Its main objective is integrate in our efficient management of capital a common area, given it is as a scarce asset, with the aim of attaining higher returns than those offered by the market by means of building and sustaining an optimal capital structure

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Financial Highlights 2020
10,226

Written Premiums
(Ps. Mills.)

886

Technical Result
(Ps. Mills.)

356

Cash
(Ps. Mills.)

26,255

Assets
(Ps. Mills.)

See the Income Statement Summary



Recognized as a Great Place to Work in Mexico, in the banking, insurance and finance sector.




Commitment to Corporate Sustainability

  • Stakeholders

    We adhere to the best corporate practices on the environmental, social and corporate governance fronts (ESG) at Grupo Peña Verde. In this sense, for the sake of being “good corporate citizens”, we make sure these practices are measurable and verifiable, as well as a capable of supporting the self-improvement of our companies.

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  • Environmental
    Commitment

    In October 2020 we joined the United Nations Global Compact, the world's largest corporate sustainability initiative. Through this membership, we seek to serve as nationwide reference in the areas of Human Rights, Labor Standards, Environmental Care and Anti-Corruption, while reaffirming our commitment to being a sustainable and responsible group.

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  • Social
    Commitment

    Peña Verde Day
    We invite all our associates to voluntarily take part in activities that contribute to the environment and the community.
    UNiTE / Orange Day
    We joined the UNiTE to End Violence against Women campaign.

    Go to Social Commitment

  • Our
    Team

    We have developed, and live by, a work culture based on integrity, quality work, customer service, facing challenges, transformation and a passion for our work.

    Go to Our Team