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This beat overall growth of 0.7% for the Spanish insurer across its operations in Latin America.

EPM revealed the $983 million USD settlement sum last month after a court ordered the Colombian public utility to disclose the figure paid by its insurer Mapfre.

Whatever contractor that wins the bid will likely do so at a price that takes into account the added uncertainty and liability.

Garzón’s own background spans 25 years of experience in forensic engineering, construction vulnerabilities, and pre-loss and post-loss consulting.

Things can get worse, much worse. But as Duque’s four year term comes towards a close, there is a practical consensus in Colombia that things could have been much better.

Colombian presidential hopeful Sergio Fajardo is one of the defendants the comptroller held responsible in today’s ruling, along with former Medellín Mayor Federico Restrepo, former candidate Alonso Salazar, and former CEO of EPM / current CEO of Cementos Argos, Juan Esteban Calle.

Fitch views EPM's corporate governance as weak due to the strong influence exerted by the company's owner, the City of Medellin. EPM has an ESG Relevance Score of '4', which reflects the company's recent instability in board membership and indicates that the score has a negative...

While EPM seeks a litigation jurisdiction of Antioquia Administrative court, the consortium is countersuing in an international court, away from potential political influence in Antioquia’s capital of Medellín.

Fitch Ratings has assigned a long-term 'BBB' rating to Empresas Publicas de Medellin E.S.P.'s (EPM) proposed senior unsecured U.S. dollar debt issuance that matures in 2031. Fitch has also assigned a long-term 'BBB' rating to the company's proposed reopening of its 8.375% senior...

Spanish insurer MAPFRE has entered into a strategic alliance with Banco Pichincha in Colombia to offer insurance products to the bank's customers.