Colombian Regulator Warns Insurer Over Misleading “All-Risk” Insurance Label

On January 16, 2025, the Colombian Financial Superintendency (the “SFC” for its acronym in Spanish) issued a warning to an insurance company for violating consumer protection regulations by offering a
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Colombian Council of State Defines Statute of Limitations for Insurance Claims in Fiscal Liability Proceedings

On November 28, 2024, the Colombian Council of State upheld a ruling that annulled the inclusion of an insurer as a civilly liable third party in a fiscal liability proceeding
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Employer´s liability coverage in civil liability insurance

This piece delves into a recent ruling by the Colombian Supreme Court (SL015-2025), which addresses the employer’s liability coverage under a civil liability insurance. The case involves the death of
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Colombian Council of State upholds enforcement of regulatory surety bonds (Insurance)

In its ruling of December 5, 2024 (Case No. 25000-23-24-000-2010-00132-01), the Colombian Council of State (hereinafter, the “CS”) upheld the authority of the Superintendence of Industry and Commerce (hereinafter, the
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Colombian supreme court reaffirms insurer´s obligation in survivor´s pensions

This piece explores a recent ruling by the Colombian Supreme Court confirms that when a pension fund takes out insurance to cover shortfalls in survivor’s pensions, the insurer must automatically
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Insuralex´s former president Lucas Fajardo awarded as “Insurance Lawyer of the year”

We at Insuralex are thrilled to share that Lucas Fajardo, partner at Brigard Urrutia (Insuralex Exclusive Member in Colombia) and leader of its Insurance and Reinsurance team, has been awarded
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Statute of limitations for claims under SOAT

Overview: In its ruling SC3075-2024, dated December 19, 2024, the Supreme Court of Justice (“SCJ”) addressed a dispute between a medical clinic and an insurer concerning the denial of indemnity
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Insurance exclusions must be clearly highlighted

On December 13, 2024, the Civil, Agrarian, and Rural Chamber of Colombia’s Supreme Court of Justice (“CSJ”, by its acronym in Spanish) issued ruling AC6958-2024, rejecting a cassation appeal filed
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Termination of Insurance: Unilateral Revocation and Non-Payment

The Colombian Supreme Court of Justice (the “Court”) addressed a dispute between (i) a policyholder under an all-risk insurance policy and (ii) the insurer. The issue arose from the interpretation
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Loss of profits coverage due to machinery breakdown and the “stock acumulation” clause

Summary of Arbitral Award 142820 (September 9, 2024) An arbitration tribunal of the Bogota’s Chamber of Commerce resolved a dispute between an insured company (policyholder) and an insurer under a all-risk
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