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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.

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...

Colombian doctors are threatening to walk off the job in response to a presidential decree they say orders them to work without pay or basic protection. 21 doctors in Cartagena have already resigned.

The rating downgrades of Ecopetrol, OCENSA and A.I. Candelaria reflect the direct and indirect linkage of these companies to the Sovereign Rating downgrade of Colombia, which Fitch downgraded to 'BBB-' from 'BBB'. The ratings for Emgesa, Isagen and UNE EPM Telecomunicaciones have...

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...

FRISS and Guidewire Software, Inc. (NYSE: GWRE) announced last week that SURA Colombia (SURA) has deployed its integrated claims fraud detection program for motor personal lines with the FRISS accelerator for Guidewire ClaimCenter. According to FRISS, SURA Colombia is the first...

Fitch Ratings has affirmed Sura Asset Management S.A.’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) at ‘BBB+’ with a stable rating outlook. Key Ratings Drivers, IDRs and Senior Debt Medellín, Colombia based Sura Asset Management’s...

"We are able to simplify the underwriting process by automating manual processes, thereby increasing operational efficiency," said Valentina Sierra Toro of SURA.

Year over year, entrepreneurship in Colombia is become a major driver for economic growth and job creation, establishing the country as a leader in entrepreneurial development in the region. This has led to the creation of platforms and enterprises that boost growth initiatives,...

Bancolombia topped the rankings in 2017, but fell one spot to second place in this year's Merco report.