Reinsurance News
Colombia
Life insurance drives growth as Colombia’s non-life segment faces rising leverage risks: AM Best
1st December 2025
Colombia, among Latin America’s more advanced insurance markets, is seeing growth increasingly driven by the life insurance sector, according to a new AM Best report. While non-life insurance continues to hold the larger share of market participants and has benefited from higher demand in commercial, motor, and liability lines, AM Best’s ... Read the full article
Grupo ilao strengthens presence in Colombia with 21 brokerage acquisitions
5th August 2025
Chariot & Castle Seguros, a property and casualty insurance brokerage operating in Colombia under the name Grupo ilao, has announced the successful acquisition of 21 insurance brokerages across seven Colombian cities over the past two years. This strategic expansion positions the company among the top five insurance brokerages in the country. The ... Read the full article
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