Council of State clarifies requirements for subrogation in insurance

In a recent 2025 judgment, the Council of State (hereinafter, the “CE”) decided an appeal in the context of a contractual dispute. The case arose from the performance of an
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Indemnity under performance bond insurance for loss of opportunity

In a recent 2025 ruling, the Council of State (the “CS”) clarified that, for an insured party covered under a performance bond to claim compensation for loss of opportunity, it
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Bancassurance: Bank sanctioned for breach of duty of due diligence

In a recent 2025 sanction, the Colombian Financial Superintendence (the “SFC”, for its acronym in Spanish) imposed a penalty on a bank for deficiencies in the management and safekeeping of
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Limitations on performance bond coverage for wages and benefits

In a recent 2025 ruling, the Colombian Supreme Court of Justice (hereinafter, the “Court”) issued a decision on the scope of coverage for salaries and social benefits under surety bonds
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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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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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Insurance contracts: implications of misrepresentations

In a recent ruling, the Colombian Constitutional Court (the “Court”) outlined significant guidelines concerning the repercussions of misrepresentations made by policyholders at the inception of an insurance policy. In an
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