Deutsche Investitions- und Entwicklungsgesellschaft mbH and Corporación Andina de Fomento acquired a stake in Istmo Compañía de Reaseguros, Inc. for $35 million on February 11, 2015. The investment will be divided into new and existing shares of Istmo Compañía de Reaseguros. The initial payment of the investment portfolio of $30 million that includes $12 million in shares of a new issuance and $18 million in existing shares. The investment of Deutsche Investitions- und Entwicklungsgesellschaft and Corporación Andina de Fomento are of $20 million and $10 million respectively, with an additional contribution up to $5 million in primary capital compromised by Deutsche Investitions- und Entwicklungsgesellschaft. MBA Lazard acted as financial advisor for Istmo Compañía de Reaseguros, Inc.

Deutsche Investitions- und Entwicklungsgesellschaft mbH and Corporación Andina de Fomento completed the acquisition of a stake in Istmo Compañía de Reaseguros, Inc. on February 11, 2015.