Colombia earthquake claims estimated at $3.7 trillion; payouts concentrated in Valle del Cauca and Risaralda

Insurers estimate $3.7 trillion in claims one month after a major earthquake in Colombia, with the majority concentrated in Valle del Cauca and Risaralda across 451 municipalities in 31 departments. The scale of insured losses suggests significant economic disruption and reconstruction needs, though the full extent of uninsured damage remains uncertain.