Sura to pay $100mn, Axa’s unit $13mn over Ituango Dam
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Sura to pay $100mn, Axa’s unit $13mn over Ituango Dam

Jairo Ibarra
December 14, 2021
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2CNCFTT colombia Hidroituango hydroelectric plant in Ituango, Colombia
Photo: Alamy Stock Photo

Colombian authorities are expecting regional carrier Suramericana to make a contingency payout of around $100mn (400bn pesos) over issues concerning the construction of the Ituango Dam as early as next week, this publication understands.

Axa’s subsidiary in the South American country, Axa Colpatria, is expected to pay about $13mn (50bn pesos), sources said.

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Jairo Ibarra
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