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Grupo Sura

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Trading name
  
GRUPOSURA

Traded as
  
BVC: GRUPOSURA

Key people
  
David Bojanini (CEO)

Headquarters
  
Medellín

Operating income
  
827.3 billion USD (2014)

Type
  
Holding company

Area served
  
Global

Revenue
  
22.7 billion USD (2014)

Net income
  
671.9 billion USD (2014)

Subsidiaries
  
Bancolombia


Industry
  
Life Insurance, Health Insurance, Investments and Savings

CEO
  
David Emilio Bojanini García (Oct 2006–)

Founded
  
24 December 1997, Medellín, Colombia

Profiles

Grupo sura has been readmitted to the djsi


Grupo Sura is a Colombian multinational holding company headquartered in Medellín, Antioquia. Its primary businesses are investment banking, asset management, and insurance services. Currently, Sura takes part in the ADR as a level I depositary.

Contents

Grupo Sura is part of the keiretsu Grupo Empresarial Antioqueño and owns an important percentage of shares from Grupo Nutresa, Grupo Argos, and Bancolombia

International Growth

In July 2011, Grupo Sura acquired the divestments from the ING Group in Latin America for a sum of US$3.85 billion. With the acquisition, Grupo Sura gained control of ING's pension and voluntary savings businesses in Chile, Colombia, Mexico, Uruguay and ING’s 80% stake in AFP Integra S.A. in Peru; the life insurance businesses in Chile and Peru; including ING’s 33.7% stake in InVita Seguros de Vida S.A. in Peru, along with the local investment management capabilities in those countries.

In September 2015, Grupo Sura purchased RSA's Latin American operations for £403 Million. With the adquistion, Grupo Sura entered the Argentinian, Brazilian and Uruguayan insurance markets, and enlarged their operations in Colombia, Chile, and Mexico.

References

Grupo Sura Wikipedia


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