Sura to pay $100mn, Axa’s unit $13mn over Ituango Dam
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

Sura to pay $100mn, Axa’s unit $13mn over Ituango Dam

Jairo Ibarra
December 14, 2021
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
2CNCFTT colombia Hidroituango hydroelectric plant in Ituango, Colombia
Photo: Alamy Stock Photo

Colombian authorities are expecting regional carrier Suramericana to make a contingency payout of around $100mn (400bn pesos) over issues concerning the construction of the Ituango Dam as early as next week, this publication understands.

Axa’s subsidiary in the South American country, Axa Colpatria, is expected to pay about $13mn (50bn pesos), sources said.

A

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Take a free trial Already a subscriber? Login now

Topics

NewsMajor lossesAxa XL
jairo ibarra 2024 ii us 2.png
Jairo Ibarra
Senior Reporter
Contact
Gift this article