Concejo dio luz verde al Metro de Medellín para crear reaseguradora en islas Bermudas, ¿por qué hay polémica?

Con un apoyo de 15 votos a favor y solamente tres en contra, el Concejo de Medellín autorizó este miércoles al Metro para crear una filial en islas Be...

Concejo dio luz verde al Metro de Medellín para crear reaseguradora en islas Bermudas, ¿por qué hay polémica?

TL;DR

  • Medellín's City Council approved the Metro's creation of a subsidiary in Bermuda with 15 votes in favor and 3 against.
  • The subsidiary is intended to optimize public resources and protect against the volatile insurance market.
  • Critics raised concerns about Bermuda's reputation, citing past scandals like the Paradise Papers, and the speed of the project's approval.
  • The Metro's manager stated that Bermuda was chosen for its specialized cluster structure in captive insurance management and its financial cooperation agreement with Colombia.
  • This captive insurance model is expected to reduce insurance costs by 10-15%, potentially saving up to $4 billion COP annually.
  • Similar captive insurance models have been implemented by other Colombian entities like EPM, Ecopetrol, Grupo Energía Bogotá, and ISA.