• The rating agency highlighted the Company’s strong equity base, corporate governance, and profitability, reaffirming its ability to maintain market confidence and its outlook in Latin America.
• This reaffirmation strengthens the Company’s positioning with investors and reinforces its access to the capital markets as a potential source of strategic financing.

BRC Ratings – S&P Global reaffirmed the AAA rating, with a stable outlook, for Suramericana S.A., a subsidiary of Grupo SURA, and its ordinary bond issuances of COP 1 trillion and COP 260 billion in the secondary market. This is the highest rating granted by the agency to long-term issuers in Colombia.

This decision supports Suramericana’s financial soundness and its corporate governance practices, maintaining its ability to generate cash flow to meet its obligations. It also highlights the Company’s geographic diversification, which reduces exposure to single-country risks and strengthens its operational and financial resilience in the current regional context.

In 2024, Suramericana achieved a net income of COP 756.132 billion (USD 186 million), reflecting an 11.5% growth. Total equity reached COP 6.12 trillion (USD 1.38 billion), demonstrating its financial strength. These results reinforce the support provided by independent rating agencies, offering specialized guidance to both companies and local and international investors.

“This reaffirmation supports our commitment to sound and efficient financial management aligned with our purpose of building trust among our investors and strategic partners,” said Juan Camilo Parra, Investment and Treasury Manager at Suramericana.

Beyond financial results, this rating sends a message of confidence to the capital markets and investors, by reaffirming the long-term sustainability of the business model. It also enables the Company to keep the doors open to the market as a strategic and timely source of funding. In more complex economic contexts, it becomes a competitive advantage that strengthens the organization’s credibility with its various stakeholders.

“Independent ratings like this one are a key guide for strategic decision-making. They reaffirm Suramericana’s positioning as a Company recognized for its financial strength and sustainable business model in the countries where it operates,” stated Manuel Esteban Rojas, Acting Chief Financial Officer at Suramericana.

Suramericana has maintained this AAA rating since 2016, reflecting a consistent track record of financial discipline, long-term vision, and responsible management in the seven countries where it operates.