Table of Contents
1 KEY FACTS AND HIGHLIGHTS
2 EXECUTIVE SUMMARY
3 ECONOMY AND DEMOGRAPHICS
4 SEGMENT OUTLOOK
4.1 Regional Comparison
4.2 Segment Indicators
4.2.1 Gross written premium and penetration
4.2.2 Active policies
4.2.3 Claims
4.2.4 Assets and investments
5 OUTLOOK BY SUB-SEGMENT
5.1 Individual Life Insurance
5.1.1 Premium
5.1.2 Active policies
5.1.3 Penetration
5.2 Group Life Insurance
5.2.1 Active policies
5.2.2 Penetration
6 DISTRIBUTION CHANNEL OUTLOOK
7 COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Seguros de Vida Alfa SA - company overview
7.1.2 Seguros de Vida Suramericana SA - company overview
7.1.3 Compañía de Seguros Bolívar SA - company overview
7.1.4 Seguros de Riesgos Profesionales Suramericana - company overview
7.1.5 Positiva Compañía de Seguros SA - company overview
8 GOVERNANCE, RISK AND COMPLIANCE
8.1 Legislation Overview and Historical Evolution
8.2 Latest Changes in Regulation
8.3 Legislation and Market Practice by Type of Insurance
8.3.1 Life insurance
8.3.2 Property insurance
8.3.3 Motor insurance
8.3.4 Liability insurance
8.3.5 Marine, aviation and transit insurance
8.3.6 Personal accident and health insurance
8.4 Compulsory Insurance
8.4.1 Motor third-party liability insurance
8.4.2 Workers' compensation insurance
8.4.3 Professional indemnity insurance for reinsurance brokers
8.4.4 Personal accident insurance for passengers of public vehicles
8.4.5 Liability insurance for Colombian Stock Exchange brokers
8.4.6 Liability insurance for ships with respect to oil pollution
8.5 Supervision and Control
8.5.1 International Association of Insurance Supervisors
8.5.2 Association of Insurance Supervisors Latin America
8.5.3 Financial Superintendence of Colombia
8.5.4 Federación de Aseguradores Colombianos (Fasecolda)
8.6 Non-Admitted Insurance Regulations
8.6.1 Overview
8.6.2 Intermediaries
8.6.3 Market practices
8.6.4 Fines and penalties
8.7 Company Registration and Operations
8.7.1 Type of insurance organization
8.7.2 Establishing a local company
8.7.3 Foreign ownership
8.7.4 Types of license
8.7.5 Capital requirements
8.7.6 Solvency margin
8.7.7 Reserve requirements
8.7.8 Investment regulations
8.7.9 Statutory return requirements
8.7.10 Fee structure
8.8 Taxation
8.8.1 Insurance premium or policy taxations
8.8.2 Withholding taxes on premium paid overseas.
8.8.3 Corporate tax
8.8.4 VAT
8.8.5 Captives
8.9 Legal System
8.9.1 Introduction
8.9.2 Access to court
8.9.3 Alternative dispute resolution
9 DATABOOK
9.1 Policies and Premium
9.2 Claims and Expenses
9.3 Assets and Investments
9.4 Individual Life Insurance
9.5 Individual Life Insurance by Category
9.6 Group Life Insurance
10 DEFINITIONS AND METHODOLOGY
10.1 Definitions
10.2 Methodology
11 ABOUT TIMETRIC
11.1 Contact Timetric
11.2 About Timetric
11.3 Timetric's Services
11.4 Disclaimer

List of Tables
Table 1: Colombian Life Insurance - Key Facts, 2016
Table 2: Colombian Life Insurance - Segment Shares of the Top Insurers, 2016
Table 3: Colombian Government Credit Ratings
Table 4: Colombian Life Insurance - Gross Written Premium (COP Trillion and US$ Billion), 2012-2016
Table 5: Colombian Life Insurance - Penetration (%), 2012-2016
Table 6: Colombian Life Insurance - Gross Written Premium (COP Trillion and US$ Billion), 2016-2021
Table 7: Colombian Life Insurance - Penetration (%), 2016-2021
Table 8: Colombian Life Insurance - Premium per Capita (COP and US$), 2012-2016
Table 9: Colombian Life Insurance - Premium per Capita (COP and US$), 2016-2021
Table 10: Colombian Life Insurance - Number of Active Policies (Million), 2012-2016
Table 11: Colombian Life Insurance - Number of Active Policies (Million), 2016-2021
Table 12: Colombian Life Insurance - Paid Claims (COP Trillion and US$ Billion), 2012-2016
Table 13: Colombian Life Insurance - Paid Claims (COP Trillion and US$ Billion), 2016-2021
Table 14: Colombian Life Insurance - Total Assets (COP Trillion and US$ Billion), 2012-2016
Table 15: Colombian Life Insurance - Total Assets (COP Trillion and US$ Billion), 2016-2021
Table 16: Colombian Life Insurance - Total Investment Income (COP Trillion and US$ Million), 2012-2016
Table 17: Colombian Life Insurance - Total Investment Income (COP Trillion and US$ Million), 2016-2021
Table 18: Colombian Life Insurance - Investment Portfolio (COP Trillion), 2012-2016
Table 19: Colombian Life Insurance - Investment Portfolio (COP Trillion), 2016-2021
Table 20: Colombian Life Insurance - Direct Written Premium by Sub-Segment (COP Trillion), 2012-2016
Table 21: Colombian Life Insurance - Direct Written Premium by Sub-Segment (COP Trillion), 2016-2021
Table 22: Colombian Individual Life Insurance - Direct Written Premium by Category (COP Billion), 2012-2016
Table 23: Colombian Individual Life Insurance - Direct Written Premium by Category (COP Billion), 2016-2021
Table 24: Colombian Individual Life Insurance - Number of Active Policies by Category (Thousand), 2012-2016
Table 25: Colombian Individual Life Insurance - Number of Active Policies Sold by (Thousand), 2016-2021
Table 26: Colombian Group Life Insurance - Number of Active Policies by Category (Million), 2012-2016
Table 27: Colombian Group Life Insurance - Number of Active Policies by Category (Million), 2016-2021
Table 28: Colombian Life Segment - Market Shares of Leading Insurers (%), 2016
Table 29: Seguros de Vida Alfa SA - Key Facts
Table 30: Seguros de Vida Alfa SA - Key Financials (US$ Million), 2012-2016
Table 31: Seguros de Vida Suramericana SA - Key Facts
Table 32: Seguros de Vida Suramericana SA - Key Financials (US$ Million), 2012-2016
Table 33: Compañía de Seguros Bolívar SA - Key Facts
Table 34: Compañía de Seguros Bolívar SA - Key Financials (US$ Million), 2012-2016
Table 35: Seguros de Riesgos Profesionales Suramericana - Key Facts
Table 36: Seguros de Riesgos Profesionales Suramericana - Key Financials (US$ Million), 2012-2016
Table 37: Positiva Compañía de Seguros SA - Key Facts
Table 38: Positiva Compañía de Seguros SA - Key Financials (US$ Million), 2012-2016
Table 39: Colombia - Insurance Regulatory Framework Key Features
Table40: Colombia - Life Insurance Regulatory Framework
Table41: Colombia - Property Insurance Regulatory Framework
Table42: Colombia - Motor Insurance Regulatory Framework
Table43: Colombia - Liability Insurance Regulatory Framework
Table 44: Colombia - Ratings Required For Registration Of Reinsurance Business
Table45: Colombia - Corporate Tax Rates for the Financial Year 2017
Table 46: Colombian Life Insurance - Policies and Premium, 2012-2016
Table 47: Colombian Life Insurance - Policies and Premium, 2016-2021
Table 48: Colombian Life Insurance - Claims and Expenses, 2012-2016
Table 49: Colombian Life Insurance - Claims and Expenses, 2016-2021
Table 50: Colombian Life Insurance - Assets and Investments, 2012-2016
Table 51: Colombian Life Insurance - Assets and Investments, 2016-2021
Table 52: Colombian Life Insurance - Individual Life Insurance, 2012-2016
Table 53: Colombian Life Insurance - Individual Life Insurance, 2016-2021
Table 54: Colombian Life Insurance - Individual Life Insurance by Product, 2012-2016
Table 55: Colombian Life Insurance - Individual Life Insurance by Product, 2016-2021
Table 56: Colombian Life Insurance - Group Life Insurance, 2012-2016
Table 57: Colombian Life Insurance - Group Life Insurance, 2016-2021
Table 58: Insurance Industry Definitions

List of Figures
Figure 1: Colombian Real GDP (US$ Billion), 2012-2021
Figure 2: Colombian Current Account Balance as Percentage of GDP (%), 2012-2016
Figure 3: Colombian Consumer Price Inflation (%), 2012-2021
Figure 4: Colombian COP-US$ Exchange Rate, 2011-2020
Figure 5: Colombian Unemployment Rate, 2012-2021
Figure 6: Colombian Population by Age Group, 1991-2025
Figure 7: Colombian Life Insurance Penetration - Regional Comparison (%), 2015
Figure 8: Colombian Insurance Segment Direct Written Premium Shares - Regional Comparison (%), 2015
Figure 9: Colombian Life Insurance - Gross Written Premium (COP Trillion), 2012-2021
Figure 10: Colombian Life Insurance - Penetration (%), 2012-2021
Figure 11: Colombian Life Insurance - Premium per Capita (COP), 2012-2021
Figure 12: Colombian Life Insurance - Number of Active Policies (Million), 2012-2021
Figure 13: Colombian Life Insurance - Paid Claims (COP Trillion), 2012-2021
Figure 14: Colombian Life Insurance - Total Assets (COP Trillion), 2012-2021
Figure 15: Colombian Life Insurance - Total Investment Income (COP Trillion), 2012-2021
Figure 16: Colombian Life Insurance - Investment Portfolio (COP Trillion), 2012-2021
Figure 17: Colombian Life Insurance - Investment Portfolio Dynamics by Category, 2012-2021
Figure 18: Colombian Life Insurance - Direct Written Premium by Sub-Segment (COP Trillion), 2012-2021
Figure 19: Colombian Life Insurance - Direct Written Premium Share by Sub-Segment, 2012-2021
Figure 20: Colombian Life Insurance - Direct Written Premium Dynamics by Sub-Segment, 2012-2021
Figure 21: Colombian Individual Life Insurance - Direct Written Premium by Category (COP Billion), 2012-2021
Figure 22: Colombian Individual Life Insurance - Direct Written Premium Share by Category, 2012-2021
Figure 23: Colombian Individual Life Insurance - Direct Written Premium Dynamics by Category, 2012-2021
Figure 24: Colombian Individual Life Insurance - Number of Active Policies by Category (Thousand), 2012-2021
Figure 25: Colombian Individual Life Insurance - Penetration (%), 2012-2016
Figure 26: Colombian Individual Life Insurance - Penetration (%), 2016-2021
Figure 27: Colombian Group Life Insurance - Number of Active Policies by Category (Thousand), 2012-2021
Figure 28: Colombian Group Life Insurance - Penetration (%), 2012-2016
Figure 29: Colombian Group Life Insurance - Penetration (%), 2016-2021
Figure 30: Colombian Life Segment - Market Shares of Leading Insurers (%), 2016
Figure 31: Colombia - Insurance Supervision and Control at Various Levels
Figure 32: Colombia - Insurance Regulatory Frameworks for Company Registration and Operation