[This paper deals with] seeing Haiti's terrible earthqueke aftermath that such country as a developing one has suffered as a result of that disaster or the great infrastructure losses taht Chile and New Zealand have suffered notwithstanding thier being the most developed nations of the region and of the word respectively, without mentioning the losses that until this time has been calculated and verified as a result of the past tsunami and earthqueke in Japan.

A question arise on whether Colombia would be really prepared to face catastrophe of this magnitude and the mechanisms and the tools it has to tackle the losses that could be originated as a result, as it is estimated that approximately 90% of the populayion has no earthquake insurance.

As we focus in the Latin American region regarding the recent Chilean earthqueke, a question arises on whether the current reality of Colombia and whether its government or the same population could recover again the losses or whether it is insured, as well as whether insurers, insurance brokers or insured entities, are adecuately covering the property from a catastrophic event.