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//insurance
1

4th Annual LatAm IoT & Tech Conference Launches Online August 26

Share experiences learned and applied by peers, champions and thought leaders in industries as diverse as mining, energy, telecommunications, banking, financial services, insurance, education, government and others.
Posted On July 1, 2021
, By Loren Moss
Drone inspection. Operator inspecting construction building turbine power plant
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P&C Insurer Chubb Launches Drone Inspection Program In Colombia

Chubb Risk Engineering initially developed this service in North America, then introducing it in Chile during 2018, then rolling it out to several Latin American countries.
Posted On March 2, 2021
, By Loren Moss
Hidroituango spillway photo courtesy EPM
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EPM’s Hidroituango: New Report By Independent Geological Engineering Expert Challenges Existing Narrative

This is the abridged version of a new independent technical study of the Hidroituango Hydroelectric Dam project tunnel collapse on Colombia's Cauca River by Canadian geological engineering expert Dean Brox. According to Mr. Brox, serious design flaws and critical decisions led to...
Posted On October 5, 2020
, By Dean Brox
1

From Tomato-Thrower To Banana Republican, Can Medellin’s Mayor Daniel Quintero Learn Good Governance (Please?): Op-Ed

Only 8 months into his term as mayor of Medellín, tomato-throwing Daniel Quintero has managed to unite Paisas from labor unions to corporate giants against him.Multiple boards of directors have resigned, and Fitch has downgraded the city-owned utility's credit, citing 'governance...
Posted On September 1, 2020
, By Loren Moss
reinsurance latin america house collapse
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AM Best Revises Outlook To Negative On Colombia’s Insurance Industry

AM Best has revised its market segment outlook to negative from stable on Colombia’s insurance industry, owing mainly to the COVID-19 pandemic and the resulting economic damage, which will strain the segment considerably. A new Best’s Market Segment Report, titled, “Market...
Posted On June 8, 2020
, By Loren Moss
map-of-the-world (Image credit: Yuri_B / Pixabay)
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Korean Re Approved To Begin Operations In Colombia

Korean Reinsurance Company has obtained approval from Colombian regulators to open a representative office in Bogota.
Posted On February 27, 2020
, By Loren Moss
Photo: Cayo Cangrejo, off the islands of San Andrés and Providencia in the Caribbean, is one of many tropical paradises in Colombia. (Credit: Roberto San Andrés)
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Colombia’s Insurance Industry “Stable” According To AM Best

AM Best is maintaining its stable market segment outlook on Colombia’s insurance industry, citing Colombia’s favorable economy, strong capital positions among carriers and adequate regulation. The new Best’s Market Segment Report, titled, “Market Segment Outlook: Colombia...
Posted On February 26, 2020
, By Loren Moss
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MAPFRE Insurance Signs Deal With Banco Pichincha For Voluntary Insurance

Spanish insurer MAPFRE has entered into a strategic alliance with Banco Pichincha in Colombia to offer insurance products to the bank's customers.
Posted On January 27, 2020
, By Loren Moss
Ignacio Garralda is the chairman of Spanish insurer Mutua Madrileña
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Mutua Madrileña Takes 45% Stake In Colombia’s Seguros Del Estado

Spain’s Mutua Madrileña insurance company has purchased 45% of Colombia’s Seguros del Estado, a private insurance company operating in Colombia. Seguros del Estado claims the #2 ranking in property and casualty insurance in Colombia. Mutua Madrileña also acquired an option to...
Posted On November 18, 2019
, By Loren Moss
sura asset management senior notes moody's grupo sura suramerica
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Moody’s Maintains Sura Asset Management at Baa1

Moody’s Investors Service has completed a periodic review of the ratings of Sura Asset Management, S.A. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody’s reassessed the...
Posted On August 19, 2019
, By Loren Moss
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