Grupo Financiero Atlántida Reaches Agreement with Talanx A.G. for the Acquisition of HDI-Seguros S.A. in Ecuador

Quito, February 24, 2025 – Grupo Financiero Atlántida and Talanx A.G. have signed a purchase/sale agreement for HDI-Seguros S.A. (formerly Liberty Seguros Ecuador).

This agreement includes the acquisition of 100% of the shares of HDI-Seguros S.A. Ecuador by Grupo Financiero Atlántida, subject to the approval of Ecuadorian authorities and regulatory entities.

With this new acquisition, Grupo Financiero Atlántida strengthens its investment portfolio, which began in 2020 and includes other entities in the Ecuadorian financial market. It continues to mark milestones in the local financial industry, significantly contributing to the country’s economy, its clients, and the public at large.

Grupo Financiero Atlántida is a financial organization composed of 27 companies in six countries, recognized for its strength and leadership, backed by 112 years of experience. It operates more than 260 offices with over 6,000 employees and manages more than 21 billion dollars in assets.

The Group holds a leading position in pension fund and investment management in several of the countries where it operates. In the insurance sector, it is an active player in the Central American market, known for its excellence in customer service, financial protection, and constant innovation. In Ecuador, the Group operates through companies such as Banco D-Miro, Fiduciaria Atlántida, Atlántida Casa de Valores, Reditum, CapitalPrime, CrediPrime, Atlántida Insurance, and soon, HDI-Seguros S.A.

The integration of HDI-Seguros S.A. strengthens Grupo Financiero Atlántida’s presence in Ecuador, acknowledging the great investment potential the country offers. The incorporation of the insurance company aims to expand customer service options through innovative services, providing the financial strength and capability needed to positively impact the Ecuadorian insurance market.

During the approval process by regulatory authorities, HDI-Seguros S.A. will continue to operate independently and as usual, maintaining the same excellence and service standards that have characterized it.