The insurance sector has consistently outperformed Colombian GDP growth in recent years. A rise in disposable income, an expansion of the formal economy, falling unemployment and gradual advancement on major infrastructure projects have helped push up demand across the spectrum of general and life insurance products. The number of insured has...
THE COMPANY: Grupo Éxito is the lead retailer in Colombia. It has been operating for more than a century and has a local market share of over 40%. Currently its majority shareholder is Casino Group from France. The company has 418 stores and is present in 68 Colombian towns and cities.
Largely shielded from the ill effects of the global financial crisis, Colombian banks have gone from strong to stronger. The sector is among the most stable and profitable in the region. Building on the solid domestic financial performances that have been seen in recent years, domestic institutions are increasingly looking towards regional expansion...
THE COMPANY: Grupo de Inversiones Suramericana (Group Sura) is a holding company listed on the Colombian bourse. It has an investment portfolio grouped into two main segments: the first, called Strategic Investments, integrates financial services, pensions, insurance and social security, as well as...
Rapid expansion in the insurance industry over the past decade has largely been focused on Colombia’s medium- and higher-income groups, which together make up a little more than 30% of the population. However, as competition is forcing premiums on some policies to unsustainable lows, industry players are eager to extend their reach into the large...
THE COMPANY: Grupo Nutresa is the fourth-largest consumer company in Latin America by market capitalisation. The firm has a well diversified portfolio of products with more than 122 brands, 15 of which are leaders in Colombia and neighbouring countries. It also has six different business units: cold cuts...
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