PROJECT

Projects

Summary of Proposed Investment

Project Number

30382

Company Name

La Positiva Vida Seguros y Reaseguros S.A.

Date SPI Disclosed

Oct 3, 2011

Country

Peru

Industry

Financial Markets

Projected Board Date

Nov 2, 2011

Status

Completed

Sector

Life Insurance

Department

Regional Industry FIG LAC & EUR

Environmental Category

C - No Impact

Previous Events

Approved : Nov 21, 2011
Signed : Mar 1, 2012
Invested : May 3, 2012

Project Description

La Positiva Vida Seguros y Reaseguros (“LPV” or ‘the Company”) is Peru’s 5th largest life insurance company. The Company was founded in 2005 as a spin-off La Positiva Seguros y Reaseguros (‘LP”) which holds an 89.5% equity stake.

LPV product offering includes annuities, retirement pension insurance, occupational life & disability insurance, mortgage life insurance and family protection insurance. The Company has focused in the B, C, and D segments of the population and has a particularly strong presence outside the capital city of Lima.

The proposed project consists of an equity investment in La Positiva Vida to facilitate the Company’s expansion of its insurance business.

Sponsor / Cost / Location

Development Impact