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FRISS and Guidewire Software, Inc. (NYSE: GWRE) announced last week that SURA Colombia (SURA) has deployed its integrated claims fraud detection program for motor personal lines with the FRISS accelerator for Guidewire ClaimCenter. According to FRISS, SURA Colombia is the first...

Last week United Airlines (NASDAQ: UAL) moved to remove longtime chairman and controlling shareholder Germán Efromovich from Avianca’s  (NYSE: AVH) (BVC: PFAVH), board of directors. Adding insult to injury, United installed Roberto Kriete as the board’s new chairman. All this...

Fitch Ratings has affirmed Sura Asset Management S.A.’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) at ‘BBB+’ with a stable rating outlook. Key Ratings Drivers, IDRs and Senior Debt Medellín, Colombia based Sura Asset Management’s...

The Ernesto Illy International Coffee Award winner will be announced during a ceremony at the world-famous Rockefeller Center on October 4.

About 80% of the sum will be devoted to operations in Colombia with the remainder going to holdings in Panama, Guatemala, and El Salvador.

Avianca and Tokyo-based airline All Nippon Airways (ANA) have expanded their codeshare agreement to include flights between Japan and the Latin American capitals of Bogotá and San Salvador. These flights connect Colombia and El Salvador to Japan via a stopover in Mexico City’s...

While the rest of Latin America is going one way, Colombia is still lagging behind. Only Ecuador, with a 6.1% drop in the first quarter, performed worse.

"The next administrations in both Chile and Colombia will face challenges to achieving fiscal consolidation," said Fitch.

The jump, if fully realized, would be enormous, adding some 57% to the current capacity in nine Latin American nations.

"This demonstrates confidence that Grupo Bancolombia and Agrícola has in El Salvador," said Juan Carlos Mora of Grupo Bancolombia.