The results for the first quarter of 2020 show the increase in premium insurance income, service provision and commissions, which reduced the accounting impact on the final result, mainly due to the devaluation of investment portfolios.
Investments in Financial services
We have a strategic focus on diverse financial services, participating through our companies in the insurance, pensions, savings and investments, and universal banking sectors.
(*) Shareholding stake in common shares
Investments in Industry
We expanded our portfolio with participation in investments in industry, with companies such as Grupo Nutresa (processed foods) and Grupo Argos (cement, energy, and concessions).
SURA Ventures is a program that allows us to streamline the transformation of our investment portfolio, based on its corporate purpose as a financial services holding company. Our goal is to find businesses and opportunities with a long-term horizon, to understand the new ecosystems, business models and emerging technologies applied. What do we look for in the companies in which we decided to invest? That they are innovative and scalable, generate a disruption and possess strategic profitability.
Investments in Other services
We complement our portfolio with investments in companies that provide other services, where we identify the potential for future growth.