28 April 2014 Insurance

Rimac enters Colombian market

Peruvian re/insurer Rimac Seguros has been authorised to offer reinsurance coverage in Colombia.

The re/insurer said that the expansions of Peruvian companies into other countries of the region prompted the entrance into the Colombian market.

Rimac is Peru’s oldest insurance company, with ratings of ‘Baa3’ from Moody’s and BBB from Fitch Ratings.

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