Grupo de Inversiones Suramericana S.A.
58,300.00
COP
-500.00
(-0.85%)
ISIN
COT13PA00060
Return %
Stock
S&P 500
1Y
54.64
14.20
3Y
373.98
81.12
5Y
210.11
68.34
Capital Structure
COP
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in mil. unless spec.Working Capital
COP
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in mil. unless spec.Growth Rates
COP
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in mil. unless spec.Quarterly Revenue
COP
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in mil. unless spec.Quarterly Earnings Per Share
COP
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in mil. unless spec.Quarterly Dividends Per Share
COP
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in mil. unless spec.Company Description
- CEO
- Ricardo Jaramillo Mejia
- Full Time Employees
- 63,384
- Sector
- Finance
- Industry
- Multi-line insurance
- Address
- Carrera 43A #5A Medellin AN Colombia 113
- IPO Date
- Sep 9, 1981
- Website
- gruposura.com
- Similar Companies
- Business
- Grupo de Inversiones Suramericana S.A. (Grupo SURA) is a Latin American investment holding company focused on managing a diversified portfolio with a primary emphasis on financial services; it operates as the holding entity of the SURA-Bancolombia Financial Conglomerate and invests in insurance, pensions and savings, asset management, and universal banking through key subsidiaries including Suramericana, SURA Asset Management, and Grupo Cibest (parent of Bancolombia). The company offers pension funds, voluntary savings plans, investment and asset management services; life, non-life, health insurance, reinsurance, and pension annuities; risk management and securities brokerage; healthcare services including medical, paramedical, dental care, clinical labs, and imaging; telecommunications outsourcing, data processing, vehicle inspection and repair; trust operations, mutual funds management, software development, real estate activities, and leasing services. Founded in 1945 and headquartered in Medellín, Colombia, Grupo SURA maintains operations across 10-11 countries in Latin America, including Colombia, Chile, Mexico, Brazil, Peru, Uruguay, Panama, Dominican Republic, El Salvador, and Argentina, as well as the United States, Luxembourg, and Bermuda, serving nearly 80 million clients primarily in financial services, industrial, and complementary sectors targeting individuals, corporations, and institutions. In recent developments, Grupo SURA completed a major partial spin-off by absorption with Grupo Argos and Cementos Argos in July 2025, simplifying its ownership structure, expanding its shareholder base to over 41,000, and refocusing its portfolio exclusively on financial services with core holdings in Suramericana (fourth-largest Latin American insurer by premiums at COP 19.7 trillion), SURA Asset Management (leading regional pension and asset manager with COP 734 trillion in assets under management), and Grupo Cibest/Bancolombia (COP 364 trillion in assets); this transaction, announced in December 2024, drove a 54% gain in ordinary shares and 76% in preferred shares, generating COP 7.5 trillion in shareholder value. The company also finalized a share purchase agreement with Grupo Bolivar in early 2025 for select stakes and secured a US$500 million club deal facility in May 2024, led by Bladex, BBVA, Itaú, Banco General, and Citibank, to finance its public tender offer for remaining shares in Grupo Nutresa, which was subsequently divested to streamline operations. These moves affirm Grupo SURA's strategic shift toward sustainable profitability in financial services amid international capital market dynamics, with shares resuming trading on the Colombian Stock Exchange and gaining inclusion in MSCI Global Small Cap and FTSE4GOOD indexes.