Insurers’ duty of due diligence to verify the nature of the risk

Insurers’ duty of due diligence to verify the nature of the risk In a recent ruling issued in 2025, the Colombian Constitutional Court (hereinafter, the “Court”) ruled on key aspects
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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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Photos II: 2025 Insuralex Madrid International Insurance Summit

The annual Global Insurance Summit, organised by Insuralex, has been a pivotal gathering for more than two decades (Miami, London, Chicago, New York, Dublin, Los Angeles, Munich, Bermuda, etc.) with
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Photos I: 2025 Insuralex Madrid International Insurance Summit

The annual Global Insurance Summit, organised by Insuralex, has been a pivotal gathering for more than two decades (Miami, London, Chicago, New York, Dublin, Los Angeles, Munich, Bermuda, etc.) with
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Markian Malskyy elected as a new managing partner of Insuralex Ukraine (ARZINGER)

From the 1st May, 2025 Markian Malskyy becomes the new managing partner of ARZINGER (Insuralex Exclusive Member in Ukraine), replacing Timur Bondaryev, founding partner. Timur Bondaryev has held this position almost ever since the firm was
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Limitations on Surety Bond Coverage for Structural Stability Defects

By means of a recent arbitral award published in 2025, an arbitral tribunal in Colombia (hereinafter, the “Tribunal”) settled a dispute between (i) a contracting company, insured and beneficiary under
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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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Another approach to the application of interest under article 20 of the Insurance Contract Act

This judgement partially accepts the appeal and modifies the ruling of the lower court by fixing the date of recovery at a different moment than that established by the lower
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The theory of disproportionate harm

In order to assess the existence of civil liability it is necessary that the person who alleges its existence proves the constituent elements of the same; however, among the exceptions
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