ILC’s Philosophy

PURPOSE

To be leaders in building social and economic value that improves people’s quality of life

CONVICTIONS AND COMMITMENTS

To bring its vision to life, ILC upholds three core convictions and ten cross-cutting commitments across all its subsidiaries.

vector-1

We believe that always putting people at the center of our decisions generates economic results.

vector-2

We believe that all people deserve access to fair and humane treatment.

vector-3

We believe in being exceptional and making a difference through our leadership.

OUR VALUES

Agility

We move quickly and proactively in everything we do. We anticipate, act and permanently adapt to our surroundings to obtain effective and efficient results that allow us to move forward.

Courage

We work permanently on challenges that generate value for our stakeholders, facing them with determination and action, and thus contributing to the country's development.

Transparency

We cultivate honest, open relationships with all our stakeholders in order to build legitimacy and trust.

Empathy

We are aware of how our actions impact others. We build relationships and seek solutions by understanding and connecting with people's reality.

Excellence

We always do our best in everything we do to ensure optimum results and a superior way of doing things.

Strategy

ILC’s role is to create value, both within and beyond the organization. To achieve this, it provides strategic guidance, resources, and leadership to its companies, addressing their needs and challenges.

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Estrategia
1. Growth
2. Profitability
3. Flexibility
4. Solid Financial Position
5. Sustainability

Ownership Structure

ILC is a publicly traded corporation incorporated in Chile and registered in the Securities Registry of the Financial Market Commission (CMF). Its shares are currently traded on the Santiago Stock Exchange and the Chilean Electronic Stock Exchange. ILC is controlled by the Chilean Chamber of Construction (CChC).

The Chilean Chamber of Construction (CChC), our majority and founding shareholder, owns 67.7% of our ownership. The remaining 32.3% is distributed among domestic and foreign investors, following the IPO of ILC in 2012, one of the largest in the history of the country.

The Chilean Chamber of Construction (CChC), founded in 1951, is a guild that brings together close to 3,000 members throughout the country and its mission is to “Promote the quality of life of people through the sustainable development of the construction sector”. Since its origins, the CChC has been committed to the protection and progress of workers in the industry, founding companies and offering its members innovative programs for their workers and families, mainly in the areas of health, education and welfare.

Thus, a percentage of the dividends that the CChC receives from ILC is used to finance or create new initiatives that benefit workers in this industry.

Shareholding structure ILC (31 September 2025) (*)

CChC 67,8%
Foreign investors 6,3%
Local investors 5,9%

* Without ADRs, pension funds, state funds, or majority shareholders in its shareholder composition. The subscribed and paid-in capital of ILC consists of 98,781,123 registered shares, each with one voting right.

Our History

1980
  • Sociedad de Inversiones y Rentas La Construcción S.A. becomes the investment company of CChC.
1981
  • ILC becomes the founding shareholder of AFP Habitat in Chile.
1983
  • The “Instituto de Salud Previsional de la Construcción” is established, later known as Isapre Consalud.
1985
  • ILC creates Compañía de Seguros La Construcción.
2000
  • Following a statutory modification of Isapre Consalud, Megasalud is founded, becoming one of Chile’s leading outpatient and dental care providers.
2004
  • ILC sells 100% of its stake in Seguros de Vida La Construcción.
2008
  • RedSalud is established as the parent company of ILC’s healthcare service units.
2009
  • ILC creates Compañía de Seguros Vida Cámara and secures a share in Chile’s first Disability and Survivorship Insurance (SIS) auction.
2011
  • ILC is registered in the CMF Securities Registry and successfully issues its first local market bonds.
  • Vida Cámara enters the supplementary health and life insurance industry.
2012
  • ILC successfully completes its stock market debut, raising USD 468 million, marking one of the largest IPOs in Chile.
  • The company changes its corporate name to Inversiones la Construcción S.A.
2013
  • ILC acquires 67% of Inversiones Confuturo.
  • AFP Habitat expands into Peru after winning the first Private Pension System new affiliate tender.
  • Vida Cámara enters Peru by securing a share in the first Disability, Survivorship, and Funeral Expenses Insurance (SISCO) auction.
2015
  • ILC acquires 50.9% of Banco Internacional and 50.1% of Factoring Baninter S.A. and Baninter Corredora de Seguros, officially entering the Chilean banking industry.
2016
  • ILC partners with Prudential Financial Inc. in the ownership of AFP Habitat.
  • ILC acquires 100% ownership of Inversiones Confuturo and RedSalud.
2018
  • ILC is included in the Dow Jones Sustainability Index Chile and MILA stock indices.
2019
  • AFP Habitat enters the Colombian market by acquiring Colfondos, a pension fund administrator.
  • ILC increases its stake in Banco Internacional to 67.2% through a public share offering.
2021
  • Approval of the division of AFP Habitat, creating AFP Habitat S.A. and the new Administradora Americana de Inversiones S.A. (AAISA).
  • ILC receives its first international credit rating: BBB+ by S&P and BBB by Fitch.
  • A share buyback program is approved.
2022
  • Issuance of ILC’s first international bond (144A) for USD 300 million.
2023
  • ILC formalizes its corporate purpose, along with its convictions and commitments, a process that was accompanied by a new visual identity.
  • Launch of Compromiso Mayor.
  • Banco Internacional acquires 51% of Autofin.
2024
  • ILC increases its stake in Banco Internacional, from 67.2% to 78.2%, with an option to reach 100% ownership by 2027.
  • ILC is ranked as the 5th most sustainable company in the world in the diversified financial industry according to the Dow Jones Sustainability Indices, being selected for the 7th consecutive year in the DJSI Chile and MILA indices.