Market Report, "Reinsurance in Colombia, Key Trends and Opportunities to 2017", Published
Although the Colombian reinsurance segment registered strong growth at a CAGR of 34.9% during the review period (2008-2012), it is in its initial phases of development. Only foreign reinsurers currently operate in the country; multinational reinsurers, such as SCOR, Mapfre, Hannover and Munich Re have established operations but direct business through their representative offices and brokers. Swiss Re is in the process of establishing representative offices in Bogota. In June 2013, the government permitted domestic companies to make reinsurance arrangements...
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