September 11, 2025
Business Companies

Sura 1H 2025 Net Income Rises 33.5% Year-on-Year

Medellin-based insurance and financial-services giant Grupo Sura announced August 14 that its first half (1H) 2025 net income rose 33.5% year-on-year, to COP$1.2 trillion (US$298 million).

Revenues also rose 4.7% year-on-year, to COP$14.7 trillion (US$3.66 billion), while pre-tax profits rose 20%, to COP$2 trillion (US$397 million).

The boost in revenues came partly from life-insurance premiums by the Suramericana insurance división as well as higher commissions from the Sura Asset Management “Asulado” unit, according to Sura.

Also contributing to the income boost was COP$847 billion (US$211 million) from Sura’s partial holdings in Cibest (Bancolombia).

Retained-risks also dipped by 9.3% in 1H 2025 versus 1H 2024, mainly thanks to higher interest rates and lower maturities, according to the company.

“With the completion of the spin-off process [whereby Sura swapped-out its former shareholdings in Grupo Argos] in July, the multiple benefits of the company’s strategic evolution began to become tangible for shareholders,” according to the company.

“Shareholders have seen a significant appreciation of their investment since the [spin-off] transaction was announced on December 18, 2024.

“Between December 2024 and July 31, 2025, and taking into account the investment received by each shareholder in Grupo Argos as a result of the process, common shares have increased by 65% and preferred shares by 93%, placing both shares among the three best performers on the Colombian Stock Exchange over the same period,” the company added.

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