trending Market Intelligence /marketintelligence/en/news-insights/trending/6_WQVdvFx5V3T5cOfX5zeA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Grupo Sura insurance units complete merger

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity


Grupo Sura insurance units complete merger

Seguros De Vida Suramericana SA has completed its absorption of Seguros de Riesgos Laborales Suramericana SA, parent company Grupo de Inversiones Suramericana SA said.

The internal restructuring was approved by the boards of both entities in July 2018. At the time, Grupo Sura said the move will lead to greater capital efficiency given the complementary nature of the companies' financial structures.

The merger does not entail any changes to the management or service models of the two entities. Grupo Sura's labor risk business will continue to operate under the ARL SURA brand, the company said.