Regulatory Alerts2019-06-24 | DOF 5563898Added
Amending Circular 10/19 of the Single Insurance and Surety Circular
This circular modifies Annex 6.1.2 of the Single Insurance and Surety Circular to establish the minimum paid-in capital requirements for insurance and surety institutions in Mexican Investment Units (UDI). The document specifies exact UDI thresholds for life, pension, accident, health, and damage insurance lines, as well as for surety operations, reinsurance, and re-surety activities. These capital amounts are calculated using the UDI value published by the Bank of Mexico on December 31, 2018, and the circular entered into force the day after its publication in the Official Gazette on June 24, 2019.