Finance Colombia » 2015 » February

Fitch: Colombian Merger & Acquisition Market Expected To Stay Hot

Fitch Ratings announced this week that the US based ratings firm expects that favorable financing conditions and projected GDP growth of 3.5% for 2015 bode well for mergers and acquisitions (M&A) activity in the Colombian corporate sector. ‘Colombia has become a vibrant...

Posted On February 8, 2015

, By Loren Moss

Business Travel Survey Cites Avianca As Best Airline in South America

Readers of Business Travel Magazine had the opportunity to vote for their favorite products and services, in line with their most efficient, productive and enjoyable travel experiences. The business travelers participating in Best in Business Travel Awards selected the best...

Posted On February 8, 2015

, By Loren Moss

US Based Travelers Partners With Brazilian J Malucelli To Take Control Of Cardinal Compañía de Seguros

Bogota Based Cardinal Compañia de Seguros has concluded negotiations leading to The Travelers Companies of The United States partnering with Brasil based J Malucelli to acquire a majority stake in the upstart surety provider. The company will remain in Bogotá but be rebranded as...

Posted On February 8, 2015

, By Loren Moss

Brazilian Reinsurer Terra Brasis Enters Colombian Market

Superfinanciera, the Colombian regulator of insurance activities, has given Brazilian Reinsurance provider Terra Brasis Re authorization to enter the Colombian insurance market as a foreign reinsurer, as registered in Colombia’s REACOEX, or Registry of Foreign Reinsurers and...

Posted On February 8, 2015

, By Loren Moss