{
  "id": 3368460,
  "title": "Colombia Quake Insurance Claims Triple as Court Weighs Pension Reform",
  "url": "https://urgent.news/2026/08/25/colombia-quake-insurance-claims-triple-as-court-weighs-pension-reform",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-25T22:26:04.000Z",
  "source": {
    "name": "The Rio Times",
    "slug": "the-rio-times",
    "url": "https://www.riotimesonline.com/colombia-earthquake-insurance-claims-pension-court-2026/"
  },
  "original_language": "en",
  "account": "In Colombia, earthquake insurance claims have surged by 248% in a week, reaching a total of 36,415 claims valued at approximately COP 1.2 trillion, or US$394 million, according to the federation Fasecolda. The Constitutional Court is concurrently reviewing the suspended pension reform, Law 2381 of 2024, which has been delayed since June 2025 over procedural issues. As of 21 August 2026, insurers have already paid out COP 11,104 million, or US$3.6 million, a mere fraction of the projected cost. Only one in ten Colombian homes has insurance for fire and earthquakes, leaving most affected families to bear the financial burden without coverage. The pending decision by the Constitutional Court will determine the fate of the pension reform, impacting around 25 million Colombians who rely on the state-funded Colpensiones system.",
  "summary": "Fasecolda reported 36,415 claims from the 10 August 2026 earthquake, with an estimated settlement cost of about US$394 million. Claims more than tripled in a week, and only one in ten Colombian homes has cover. The post Colombia Quake Insurance Claims Triple as Court Weighs Pension Reform appeared first on The Rio Times .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}