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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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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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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Free Webinar: “2023 Surety Bonds in Latin America – Industry Insights”

We at Insuralex are excited to announce an upcoming Insuralex event titled “Surety Bonds in Latin America – Industry Insights.” Surety Bonds are the backbone for the development and execution
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Free Webinar: “2023 Surety Bonds in Latin America – Industry Insights”

We at Insuralex are excited to announce an upcoming Insuralex event titled “Surety Bonds in Latin America – Industry Insights.” Surety Bonds are the backbone for the development and execution
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