OBS_VALUE: There is no specific regulations regarding mutual insurance. However, the regulator (Financial Superintendence of Colombia), stated through resolution Concepto No. 2003022259-1. Of 07 May 2004 that such practice is allowed in the country as long as the service provider obtains the proper authorization from them. More information at: https://www.superfinanciera.gov.co/jsp/loader.jsf?lServicio=Publicaciones&lTipo=publicaciones&lFuncion=loadContenidoPublicacion&id=18984&dPrint=1