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Home
>
Overview
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History
About ILC
Mission, Vision and Values
History
Our Controller: CChC
Industries Where We Participate
Board of Directors
Senior Management
Our Beginnings
1980
:
ILC starts as Sociedad de Inversiones y Rentas La Construcción, which is the investment vehicle for the CChC
1981
:
The Company is one of the founding shareholders of AFP Habitat, under the new individual social security system
1984
:
A new legal regime for health services enables the CChC to form a private corporation called “Instituto de Salud
Previsional
de la Construcción”, today known as Isapre Consalud
1985
:
The life insurance company “Compañía de Seguros de Vida La Construcción” is created
1996
:
ILC partners with Citigroup to jointly control AFP Habitat
1997
:
The Company creates “Desarrollos Educacionales”, in order to develop and operate educational establishments in Chile
2001
:
ILC enters the e-business through the creation of iConstruye, a platform for the construction industry
2004
:
The Company divests its insurance business by selling all its shares in Seguros de Vida La Construcción to Bicecorp
2008
:
Red Salud is created as a parent company to manage and control ILC’s healthcare operation
2009
:
ILC re-enters the insurance sector by acquiring RBS Seguros de Vida, which is renamed Vida Cámara
2010
:
ILC terminates its joint control agreement with Citigroup involving its interest in AFP Habitat
Opening to the Market, other Businesses and Countries
2011
:
ILC is registered in the CMF and effectively completes its first bond placement in the Chilean market
2011
:
Compañía de Seguros Vida Cámara enters the supplemental health and life insurance industry
2012
:
ILC successfully completes its initial public offering raising US$468 million, being one of the largest IPO in Chilean history
2013
:
ILC sells 51% of Desarrollos Educacionales to the British group Cognita
2013
:
AFP Habitat starts operations in Peru, after winning the first tender for new members in the Peruvian private pension system
2013
:
Vida Cámara enters the
Peruian
market by being awarded part of the tender offer for Disability and Survivor Insurance
2013
:
ILC acquires 67% of Inversiones Confuturo (formerly Corp Group Vida Chile), which controls the life insurance companies Confuturo (formerly Corpvida and Corpseguros)
2014
:
ILC acquires the remaining shares of
Confuturo
held by Mass Mutual, increasing its stake in Inversiones Confuturo to 72.4%
2015
:
ILC invests US$100 million to acquire 50.6% of Banco Internacional and 50.1% of Factoring Baninter and Baninter Corredora de Seguros, enabling the Company to enter the Chilean banking industry
Organizational Structure Ready to Face Growth
2016
:
ILC partners with Prudential Financial Inc. to control AFP Habitat, in order to strengthen its presence in the Latin American pension industry
2016
:
The Company acquires minority interests in Inversiones Confuturo (US$75 million) and Red Salud (US$15 million)
2016
:
ILC sells its participation in iConstruye and Desarrollos Educacionales, to focus on the financial and health sectors
2017
:
ILC acquired Vida Camara Peru in order to focus Vida Camara Chile in the supplementary health insurance business
2018
:
ILC was selected as a member of the Dow Jones Sustainability Index MILA (which brings together the companies of the Pacific alliance) and DJSI Chile
2019
:
ILC reached 67% ownership in Banco Internacional and Factoring Baninter through a Public Offering of Acquisition of Shares (OPA)
2019
:
Confuturo and Corpseguros shareholders’ meetings approved the merger of both companies. This rule started after the approval of the Financial Market Commission
2019
:
AFP Habitat enters Colombia through the acquisition of the Colombian pension fund manager AFP Colfondos
2021:
The Pension Fund Manager was split into: AFP Habitat S.A. and a new company Administradora Americana de Inversiones S.A. (AAISA)
2021:
ILC's first external risk rating: BBB+ by S&P and BBB by Fitch
2021:
ILC's share buyback program is approved
2022:
ILC issues first international 144A bond for US$ 300 million
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