In July 2015, Lloyd’s obtained approval from the Colombian authorities to open a representative office in Colombia.

Lloyd’s has been registered as a foreign reinsurer with the Colombian authorities since 1999 which enables Lloyd’s underwriters to write reinsurance from Colombia (i.e. on a cross-border basis). The regulator has now granted Lloyd’s the authorisation to establish a representative office in Colombia, which will enable Lloyd’s managing agents to appoint individuals as their delegates within the Lloyd’s office.

press release announcing the opening of a Lloyd’s representative office in Colombia was issued by Lloyd’s on 14 July 2015. More details on the regulatory implications of this development will be announced in due course.

For further information please contact:

Lloyd's International Trading Advice (LITA)
Lloyd's Desk, Ground Floor, Underwriting Room
t: +44 (0)20 7327 6677