​ The Company recorded COP 4 billion in consolidated revenues for this past quarter for a year-on year growth of 26.8%. Assets came to COP 57.4 billion (USD 19.1 billion), showing a growth of 3.4% compared to year-end 2015 Net income rose by 53.6%, reaching COP 506.539 million (USD 168.8 million), compared to the first quarter of 2015.   Medellin, May 26 - 2016 – Grupo de Inversiones Suramericana - Grupo SURA  - reported its financial results for the first quarter of this year. Special mention was made of the level of performance obtained by i ts subsidiaries producing a 26.8% increase in the Company's consolidated revenues totaling COP 4.0 billion (USD 1.3 billion) , in which retained insurance premiums and commissions rose by 26% and 16.2% respectively.  Furthermore, the Company reported a net income of COP 506,539 million (USD 168.8 million), for a year-on-year growth of 53.6%, driven mainly by the amount of investment income obtained which rose by 20.6%, as well as the exchange difference which totaled COP 198,213 million (USD 66.1 million). On the other hand, net income was affected by the amount of wealth tax to be paid by Grupo SURA, Suramericana and SURA Asset Management, which for 2016 totaled COP 87.183 million (USD 29.1 million). Grupo SURA´s consolidated assets came to COP 57.4 billion (USD 19.1 billion) at the end of Q1, showing an increase of 3.4% compared to year-end 2015. Meanwhile, equity attributable to the shareholders of Grupo SURA came to COP 22.0 billion (USD 7.3 billion), showing a decrease of 3.5%.   HIGHLIGHTS FOR Q1 2016 In addition to our financial performance, during this last quarter Ricardo Mejia Jaramillo took over as Grupo SURA´s new Chief Corporate Finance Officer. Mr. Mejía had previously served as Chief Executive Officer of Bancolombia's Investment Banking Division.  Another important event was Grupo Sura's acquisition of a 7.31% stake that General Atlantic held in SURA Asset Management, thus increasing its overall stake in this strategic asset to 78.7%. Also, during this same time frame, regulatory approval was obtained for the newly acquired RSA operations in Brazil, Colombia, Chile, Argentina and Mexico, with just Uruguay pending due authorization.  In order to leverage these expansion plans, Grupo SURA successfully placed an international issue of bonds for a total value of USD 550 million, obtaining a bid to cover ratio of 5.3. This issue, which shall be shown in the results corresponding to the second quarter of this year, was placed by our subsidiary Gruposura Finance for a term of 10 years carrying a rate of return of 5.65%. "This year got off to a good start for the Group, with our insurance business and investments deserving a special mention. Also, Suramericana is now establishing itself in the bulk of the countries where it acquired the former RSA operations which is allowing us to move forward with consolidating our portfolio. We continue to maintain a positive outlook for the rest of 2016"  stated David Bojanini , Chief Executive Officer of Grupo SURA.    Subsidiary performance SURA Asset Management , an expert player in the pension, savings and investment industry, obtained operating income from its fund management firms totaling COP 527.923 million (USD 175.9 million) , showing a drop of 4.7%, excluding the exchange rate effect, while the life insurance business (associated with the Company´s pension and savings products) totaled COP 116.196 million (USD 38.7 million), for a growth of 37%.  Net income for the first quarter of the year came to COP 134.512 million (USD 44.8 million), which was a gratifying result compared to the same period last year since this represented a 44.2% increase at constant exchange rates, mainly driven by a positive level of earnings due to exchange differences and derivative appraisals. Consolidated assets totaled COP 25.3 billion (USD 8.4 million) showing an increase of 2.3%. It must be noted that as of May 1st, Ignacio Calle Cuartas, our former Chief Corporate Finance Officer, took over as the new CEO of SURA Asset Management.  Suramericana S.A. , our  insurance and trend/risk management subsidiary,  performed well during this past quarter, thanks to its different insurance solutions that produced revenues of COP 2.1 billion (USD 697 million) , for a year-on-year increase of 20.7%.  This level of performance helped provide the Company with a net income of COP 100.431 million (USD 33.5 million), showing an increase of 34.0%.   Suramericana S.A.´s consolidated assets came to COP 13.8 billion (USD 4.6 billion), showing a growth of 4.5% compared to year-end 2015 with equity declining by 3.1% to COP 2.6 billion (USD 861 million) compared to year-end 2015. Suramericana S.A. expects to soon obtain regulatory approval in Uruguay so as to complete its acquisition of the former RSA operations. This acquisition is allowing us to consolidate our regional strategy by diversifying our product portfolio, channels and solutions as well as number of countries where present, in attending to more than 17 million customers.   About Grupo SURA Grupo de Inversiones Suramericana, the parent company of the Sura Business Group is a Latin American company listed on the Colombian Stock Exchange and registered with the ADR- Level 1 program in the United States. We are also the only company from the Latin American Diversified Financial Service Sector to be admitted to the Dow Jones Sustainability World Index, which lists companies who have become global benchmarks thanks to the best practices they have adopted from the economic, environmental and social standpoints. Grupo SURA has two fields of investment: its core strategic interests in the financial service, insurance, pension, savings and investment sectors; and its industrial interests in the processed food, cement,  energy and infrastructure sectors.​