• In the latest general ranking of insurance groups in Latin America, carried out by the Mapfre Foundation, the Company rose to seventh place.
• This annual survey also showed that Suramericana went from fourth to third position among insurers of Latin American origin, with two Brazilian insurance companies occupying first and second place.
• With a presence in nine Latin American countries, Suramericana's regional market share stood at 2.9% at year-end 2020.

In what was  a challenging situation for all sectors of the Latin American economy due to the pandemic, Suramericana demonstrated its commitment to people´s well-being as well as the competitiveness of companies throughout the region. Evidence of this is having ascended in the latest ranking of insurance groups in Latin America, carried out by the economic studies division of the Mapfre Foundation, this based on data corresponding to 2020. In the overall ranking, it moved up one position to seventh place, and is the third largest Latin American company, behind Brazil's Brasilprev and Bradesco.

According to the study, Suramericana's market share was 2.9% of the total held by the rest of the industry, compared to 2.8% in 2019, which covers Seguros SURA’s presence in eight countries within the region and as Asesuisa, in El Salvador. At the end of 2020, the Company consolidated a 6.5% annual growth in written premiums, which totaled USD 3,826 million, excluding premiums for health services provided by its Colombian operation.

"The fact that we are the third largest Latin American insurer in terms of written premiums is further encouragement for continuing to deploy our strategy as trend and risk managers in order to provide better support for the people and companies that have placed their trust in Seguros SURA. This is particularly relevant in the midst of the pandemic and at a key moment for the region´s social and economic recovery," stated Juana Francisca Llano, Chief Executive Officer of Suramericana.

Upon reviewing Mapfre's study on an individual segment basis, Suramericana ranked fourth in the Property And Casualty (Non-Life) Insurance segment, and second in Latin America, while maintaining a market share of 4.1%. On the other hand, the Company moved up one position in the Life Insurance Segment, to 16th position with a market share that increased to 1.3%.

Seguros SURA, as a trend and risk management company, launched several solutions in the context of the current economic situation that allowed it to evolve its portfolio. The regional launch of digital protection insurance, both for individuals and companies, focused on offering coverage and assistance in any situation where cybersecurity may be breached. The solution designed for companies, in keeping with current needs given the increase in digital fraud, is already present in all nine countries where the Company is present.

The Company also created solutions tailored to the new dynamics of people's mobility, such as insurance based on KM (kilometers) covered in Chile, Panama, El Salvador, the Dominican Republic and Uruguay, as well as protection for short trips or moments of micro-mobility, already present in four countries, as well as insurance for electric vehicles. It should be noted that in countries such as El Salvador, Colombia, Mexico, Colombia and Chile,  mobility insurance has already been made available through our on-line channel.

As for its other lines of business, the Company now offers the possibility of insuring new moments in life through employability insurance in Argentina and Colombia. And finally, reaffirming its commitment to driving the region´s economic recovery and with a special focus on SMEs, support was given to more than 160 thousand entrepreneurs in all 9 countries where present through the Empresas SURA (SURA Enterprises) platform, which helped them to mitigate the impacts of the pandemic and provided them with tools for ensuring their ongoing sustainability.