Corporate Information

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All about Ocaso.

OCASO is currently one of the best regarded insurance companies; not only by its customers, but also by the market itself.

The prestigious firm A.M. Best ( ), the specialist in solvency and financial strength analysis and rating for insurance companies, has recognised the strength of OCASO, and has given it the rating of A (Excellent).

Ocaso started its journey in 1920, when the Company was founded by Ramón D'Ortega y Hervella, and has since maintained its independence from banking or financial groups, whether Spanish or foreign. Always at the forefront, in 1988 it became the first Spanish insurance company authorised to operate in the direct insurance sector in the United Kingdom. 

  • Sede Central OCASO C/ Princesa, 23 28008 Madrid
  • Edificio Regional Cataluña. Barcelona Gran Vía de les Corts Catalanes, 676 08010 Barcelona
  • Edificio Regional Madrid Capital C/ Carranza, 1 28004 Madrid
  • Edificio Sucursal Salamanca. C/ Azafranal, 48-50 Bajo 37001 Salamanca
  • Edificio Regional Noroeste. A Coruña C/ Cantón Pequeño, 13-14 14833 A Coruña
  • Edificio Regional Andalucía Occidental. C/ Alisios (Esq. Pº de la Palmera) nº1, 41012 Sevilla
Financial Information

OCASO’s financial strength is undoubtedly one of its main assets. The Company’s solvency margin as at December 31, 2014, amounted to 1009.77 million of euros, that is, 6.4 times higher than that established as a requirement by the legislation in force. Thus, OCASO has maintained a privileged position with regard to its competitors for many years now.

OCASO’s risk selection policy has brought, for many years, significant net profit. Net profit for FY 2014, after tax, was 81.79 million of euros which, consolidated with the profit obtained by the rest of companies in the Group, amounted to a total of 85 million of euros.

The prestigious firm A.M. Best (, the specialist in solvency and financial strength analysis and rating for insurance companies, has confirmed OCASO’s financial strength rating, with an A (Excellent) rating.

In 2014 we fulfilled the general objectives set at the beginning of the same period, reaching a total volume of premiums written for direct insurance of 908.95 million Euros. In relation to the turnover of the Group we have reached a figure of 1,051 million euros.

Type of Insurance 2014 2013 Difference %
Traditional Insurance 469,87 460,68 9,19 1,99
Personal Insurance 156,18 147,60 8,58 5,81
General Insurance 282,90 281,60 1,30 0,46
Total 908,95 889,88 19,07 2,14

Gráfico datos económicos

Capital stock amounts to 310 million of euros. In brief, the good results obtained by OCASO confirm the strength, once again, of its business approach based on independence, solvency and financial stability, profitable growth and excellence in its service and assistance to the Insured.

Human Resources

Ocaso maintains a team of agents, employees and collaborators consisting of over 30,000 people, in order to guarantee to its customers, at all times and in all places, the best possible service and attention.

Currently, the average age of the professionals who work in the different departments of the Company, (management, sales and administrative) is 44,5, with an average length of service in the company of approximately 15,3 years.

In addition, the Company continues promoting the development of its human resources by means of a structured training programme as an essential tool for improving quality of service.

Courses given:
Students participating:
Teaching hours:
Group Companies

In order to offer a more specialised service directly to customers from professional experts in the different fields of insurance, Grupo Ocaso is structured as a coherent set of companies that diversify and reinforce each other’s operations even further.

OCASO S.A. Compañía de Seguros y Reaseguros
Logo de Ocaso
Head Office:
Calle de la Princesa nº 23
28008 Madrid
S. T. I. Code:
A- 28016608
Mercantile Register:
Madrid, tomo 3773, folio 33, sección 8, hoja M- 62817
General Insurance Directorate Administrative Authorisation:

Eterna Aseguradora, Sociedad Anónima Compañía de Seguros y Reaseguros
Logo de Eterna aseguradora
Head Office:
Calle de la Princesa nº 23
28008 Madrid
S. T. I. Code:
A- 15009244
Mercantile Register:
Madrid, tomo 5588, folio 180, sección 8, hoja M- 91466
General Insurance Directorate Administrative Authorisation:

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