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Colombia’s mobile market is the most saturated in the Andean region, with over 82 million mobile lines for its 50 million citizens.

GeoPark's fossil fuel reserves have fallen below seven years, something Fitch says the firm would be unable to “dramatically reverse” within the next 12 months.

Colombia has maintained its BB+ credit rating despite high inflation numbers and the loss of Petro’s supermajority.

Fitch says commodity prices will be the main transmission channel of China’s rebound for Latin American economies.

Colombia's local bond market has dried up as a financing alternative for corporates.

Higher interest rates will weaken interest coverage among Fitch-rated leverage finance issuers in 2023.

Inflation and high capital costs are causing deteriorating liquidity for Colombian corporates, according to Fitch.

Loss ratios for most of the rated insurers were up due to a higher cost of claims.

The concessions expect to receive their payments between May and June 2023, according to the big three rating agency.

The lower underwriting of both annuities and pension insurance will reduce premiums and pressure earnings of insurers with exposure.