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//superfinanciera
Credit Card JESHOOTScom / Pixabay
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1.1 Million Colombians Joined the Formal Financial System in 2017

This figure represents an 11% uptick in the number of new entrants to the system compared to the 999,000 people who secured financial products for the first time in 2016.
Posted On August 5, 2018
, By Jared Wade
Jorge Castaño Gutiérrez, the top financial regulator in Colombia, has named Jeannette Santacruz de la Rosa as the new legal director of the Financial Superintendence of Colombia. (Credit: Superfinanciera)
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Jeannette Santacruz de la Rosa Named Legal Director of Superfinanciera

Santacruz de la Rosa has worked for the Bogotá-based public agency for more than 25 years.
Posted On December 29, 2017
, By Jared Wade
Colombian Financial Industry – BBVA ATM Cajero Automatico Bogota Colombia Financial Industry (Photo credit: Jared Wade)
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One Million Colombians Entered the Formal Financial System for the First Time in 2016

Overall, 25.7 million Colombians have now used at least one financial product. Of the nearly one million added in 2016, more than half were women.
Posted On July 23, 2017
, By Jared Wade
colombia earthquake model RMS
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Regulators Approve RMS Colombian Earthquake Model

"Colombia has one of the highest seismic hazards in South America," said Victor Roldán of RMS.
Posted On February 22, 2017
, By Jared Wade
isagen colombia FDI
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Isagen to Issue $102 Million USD Worth of Bonds on September 13

Isagen will issue the AAA-rated ordinary bonds on September 13 through the Colombia stock market in a Dutch auction.
Posted On September 3, 2016
, By Jared Wade
first data bancolombia colombia (Photo credit: Jared Wade)
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Bancolombia Partners with First Data to Improve Transaction Processing

“We are committed to investing in Colombia, a strategic market that represents huge potential,” said Gustavo Marín of First Data.
Posted On August 4, 2016
, By Jared Wade
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Colombia’s Regulatory Authority Orders Cooper Gay To Suspend Operations In Colombia

Superfinanciera, Colombia’s Financial Superintendence that oversees banking and insurance operations, has issued Resolucion 0130 de 2016, a cease and desist order against Cooper Gay Ecuador C.A. Intermediario de Reaseguros, demanding that they suspend all reinsurance...
Posted On February 19, 2016
, By Loren Moss
Downtown Bogota street scene - Photo credit Loren Moss
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Fitch: Colombia’s Insurance Market Continues To Be Attractive To New Participants

Bogotá, Colombia–(Business WIre)– Fitch Ratings has announced that its Sector and Rating Outlooks for the Colombian insurance industry are currently stable, and that there is a high likelihood Fitch will affirm the ratings of most Colombian insurance companies in...
Posted On January 23, 2016
, By Loren Moss
Lloyds of London Image
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Lloyd’s Opening Representative Office In Bogotá, Appoints Realphe As Colombia Head

London based global specialty insurance and reinsurance market Lloyd’s, announced last week that it has received approval from the Colombia’s financial regulatory authority Superfinanciera to open a representative office in Bogotá.  Under the new Lloyd’s representative...
Posted On July 19, 2015
, By Loren Moss
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Brazilian Reinsurer Terra Brasis Enters Colombian Market

Superfinanciera, the Colombian regulator of insurance activities, has given Brazilian Reinsurance provider Terra Brasis Re authorization to enter the Colombian insurance market as a foreign reinsurer, as registered in Colombia’s REACOEX, or Registry of Foreign Reinsurers and...
Posted On February 8, 2015
, By Loren Moss
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