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

Marquez wants the Cuban system. Petro promises more limited reforms...for now.

Between December 19 and January 18, 2023, more than 1.3 million policies have already been issued.

The bridge was never opened when finished due to rising tensions between the two neighbors.

Colombia's compulsory vehicle liability insurance provides roughly $72,000 or $192,000 USD in injury & disability coverage, depending on tier.

The protests are over the price of gasoline, mandatory accident insurance (SOAT), and alleged abuses by transit authorities, such as demanding cash bribes.

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

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...

While the insurance market in Colombia grew at a rate of 5.5% in 2018, Aseguradora Solidaria stood out with a growth rate of 18.8%, led by growth in personal lines. Carlos Arturo Guzmán, (above) president of the company, revealed: “the truth was a year of very good results,...

The sustainability and profitability of compulsory auto liability auto insurance (SOAT) in Colombia will depend on the insurance industry’s effectiveness at stopping the upward trend in claims, which is being driven by technical fraud, the increased share of motorcycles in...