Colombia

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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...

Articles & Analysis | Grupo Éxito: Retail from The Report: Colombia 2013

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.

In the wake of the 2008 financial crisis, what factors supported the country’s financial resilience?

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...

Articles & Analysis | Grupo SURA: Diversified from The Report: Colombia 2013

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...

While Colombia began to open its economy to international trade slightly throughout the 1990s, the country did not truly put itself on the map until the early 2000s. At that time, the government made a great effort to overcome the nation’s security problems that had created Colombia’s negative perception abroad.

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