Printed from BusinessInsurance.com

BBVA Seguros' Colombian unit records 20% premium growth in 2015

Posted On: Jan. 27, 2016 12:00 AM CST

The Colombian subsidiary of Spain-based BBVA Seguros S.A. de Seguros y Reaseguros recorded 20% overall growth in premiums in 2015, reports BNamericas citing news agencies.

BBVA Seguros president Milton David Mican said that premiums grew 24% in the nonlife segment.

Mr. Mican said that infrastructure developments and agriculture represent large opportunities for insurers in Colombia.

BBVA is anticipating a 12% growth in premiums in 2016.

Read more