Amending Circular 9/21 of the Single Circular on Insurance and Sureties

DOF: 14/07/2021

Amending Circular 9/21 of the Single Circular on Insurance and Sureties

At the margin, a seal with the National Coat of Arms, which says: United Mexican States.- TREASURY.- Ministry of

Treasury and Public Credit.- National Commission of Insurance and Sureties.

CIRCULAR

AMENDING

9/21

OF

THE

SINGLE

ON

INSURANCE

AND

SURETIES

(Annexes

34.1.21-b

and

34.4.3.)

The

National

Commission

of

Insurance

and

Sureties,

based on

the

provisions

of

articles

366,

fraction

II,

367,

fraction

II,

372,

fractions

VI

and

XLII,

and

381

of

the

Law

of

Insurance

and

Surety

Institutions,

and

CONSIDERING

That

in

accordance

with

the

provisions

of

article

107

of

the

Law

of

Insurance

and

Surety

Institutions,

in

concordance

with

Chapter

34.1.

of

the

Single

Circular

on

Insurance

and

Sureties,

it

is

the

competence

of

the

National

Commission

of

Insurance

and

Sureties

to

maintain

the

General

Register

of

Foreign

Reinsurers

in

which

the

first-tier

reinsurers

from

abroad

that

meet

solvency

and

stability

requirements

to

carry

out

operations

and

comply

with

the

diversification

of

liabilities

assumed

by

insurance

institutions

and

mutual

insurance

societies

and

surety

institutions

in

the

country

are

listed;

which

implies

giving

follow-up,

among

others,

to

the

movements

of

registration,

cancellation,

and

changes

in

the

legal

status

presented

by

such

entities

from

abroad.

That

in

terms

of

what

is

provided

in

Disposition

34.4.3.

of

the

Single

Circular

on

Insurance

and

Sureties,

the

information

regarding

the

Representation

Offices

authorized

by

the

National

Commission

of

Insurance

and

Sureties

to

establish

themselves

in

the

Mexican

Republic,

in

accordance

with

article

108

of

the

Law

of

Insurance

and

Surety

Institutions,

is

made

known

through

Annex

34.4.3.

of

the

mentioned

Circular.

That

in

view

of

the

above,

it

is

necessary

to

update

Annexes

34.1.21-b.

and

34.4.3.

of

the

Single

Circular

on

Insurance

and

Sureties,

with

the

information

regarding

the

granting

of

registration

in

the

General

Register

of

Foreign

Reinsurers

of

the

first-tier

reinsurers

from

abroad,

that

meet

the

solvency

and

stability

requirements

to

carry

out

operations

and

comply

with

the

diversification

of

liabilities

assumed

by

the

insurance

institutions

and

mutual

insurance

societies

and

surety

institutions

of

the country,

as

well

as

changes

in

the

legal

status

presented

by

such

entities

from

abroad;

likewise,

regarding

the

information

that

said

reinsurers

provide

to

the

National

Commission

of

Insurance

and

Sureties

regarding

the

Representation

Offices

authorized

by

the

National

Commission

of

Insurance

and

Sureties

to

establish

themselves

in

the

Mexican

Republic,

in

accordance

with

article

108

of

the

Law

of

Insurance

and

Surety

Institutions.

For

the

foregoing,

the

National

Commission

of

Insurance

and

Sureties

has

resolved

to

issue

the

following

modification

to

the

Single

Circular

on

Insurance

and

Sureties

in

the

following

terms:

CIRCULAR

AMENDING

9/21

OF

THE

SINGLE

ON

INSURANCE

AND

SURETIES

(Annexes

34.1.21-b.

and

34.4.3.)

SINGLE.-

Annexes

34.1.21-b.

and

34.4.3.

of

the

Single

Circular

on

Insurance

and

Sureties

are

modified.

TRANSITORY

SINGLE.-

This

Amending

Circular

shall

take

effect

on

the

day

following

its

publication

in

the

Official

Journal

of

the

Federation.

The

above

is

made

known

to

you,

based

on

the

provisions

of

articles

366,

fraction

II,

367,

fraction

II,

372,

fractions

VI

and

XLII,

and

381

of

the

Law

of

Insurance

and

Surety

Institutions.

Respectfully

Mexico

City,

July

2,

2021.

• The

President

of

the

National

Commission

of

Insurance

and

Sureties

,

Ricardo

Ernesto

Ochoa

Rodríguez

.-

Rubric.

ANNEX

34.1.21-b.

REGISTRATIONS,

CANCELLATIONS,

CHANGES

OF

NAME

OR

LOCATION

AND

OF

LEGAL

STATUS

OF

FOREIGN

INSURANCE

AND

REINSURANCE

ENTITIES

REGISTERED

IN

THE

RGRE

From

January

1

to

June

30,

2021

a)

Granting

of

registration.

Document

SHCP/CNSF

Date

Subject

06-C00-41100-01553/2021

March

26,

2021

Registration

is

granted

to

Eureka-Re

SCC,

with

registration

number

RGRE-1269-21-C0000.

06-C00-41100-11892/2021

June

1,

2021

Registration

is

granted

to

Sura

Re

LTD,

with

registration

number

RGRE-1270-21-C0000.

06-C00-41100-13429/2021

June

4,

2021

Registration

is

granted

to

Deutsche

Rückversicherung

Aktiengesellschaft,

with

registration

number

RGRE-1271-

21-C0000.

06-C00-41100-13665/2021

June

15,

2021

Registration

is

granted

to

Fidelis

Insurance

Bermuda

Limited,

with

registration

number

RGRE-1272-21-C0000.

b)

Cancellation

of

registration.

Document

SHCP/CNSF

Date

Subject

06-C00-41100-11420/2021

May

12,

2021

Registration

of

Millî

Reasürans

Türk

Anonim

Sirketi

is

cancelled

with

registration

number

RGRE-998-09-328132.

06-C00-41100-12710/2021

May

28,

2021

Registration

of

Citadel

Reinsurance

Company

Limited

is

cancelled

with

registration

number

RGRE-1149-14-329003.

c)

Change

of

denomination

or

location.

Document

Date

Subject

06-C00-41100-03124/2021

February

4,

2021

Note

is

taken

of

the

change

of

denomination

of

London

Life

Reinsurance

Company

to

Canada

Life

Reinsurance

Company.

d)

Change

of

legal

status.

Document

Date

Subject

06-C00-41100-02856/2021

February

4,

2021

Note

is

taken

regarding

the

merger

of

XL

Insurance

Company

SE,

as

the

merging

entity,

with

Axa

Corporate

Solutions

Assurance

and

Axa

Art

Versicherung

AG

as

the

merged

entities.

06-C00-41100-00604/2021

February

24,

2021

Note

is

taken

regarding

the

merger

of

Austral

Resseguradora,

S.A.,

as

the

merging

entity

and

Terra

Brasis

Resseguros

S.A.

as

the

merged

entity.

ANNEX

34.4.3.

LIST

OF

REPRESENTATION

OFFICES

OF

FOREIGN

REINSURERS

IN

OPERATION

As

of

June

30,

2021

No.

Representation

Office

Registration

Number

of

the

Foreign

Reinsurer

1

HANNOVER

RÜCK

SE

RGRE-1177-15-299927

2

GENERAL

REINSURANCE

AG

RGRE-012-85-186606

3

MAPFRE

RE

COMPANY

OF

REINSURANCE,

S.A.

RGRE-294-87-303690

4

MUENCHENER

RÜCKVERSICHERUNGS-GESELLSCHAFT

RGRE-002-85-166641

5

ODYSSEY

REINSURANCE

COMPANY

RGRE-1130-14-321014

6

PARTNER

REINSURANCE

COMPANY

LTD

RGRE-446-97-318415

7

RGA

REINSURANCE

COMPANY

RGRE-376-94-316539

8

STARR

INDEMNITY

&

LIABILITY

COMPANY

RGRE-1003-09-327405

9

STARR

INSURANCE

&

REINSURANCE

LIMITED

RGRE-1126-13-328961

10

WESTPORT

INSURANCE

CORPORATION

RGRE-203-85-300177

11

LIBERTY

MUTUAL

INSURANCE

COMPANY

RGRE-210-85-300184

12

LLOYD

'

S

RGRE-001-85-300001

13

BERKLEY

INSURANCE

COMPANY

RGRE-405-97-319746

14

OCEAN

INTERNATIONAL

REINSURANCE

COMPANY

LIMITED

RGRE-1185-15-329063

15

SWISS

REINSURANCE

AMERICA

CORPORATION

RGRE-795-02-324869

16

SWISS

REINSURANCE

COMPANY

LTD.

RGRE-003-85-221352

17

SCOR

SE

RGRE-501-98-320966

18

SWISS

RE

CORPORATE

SOLUTIONS

LTD

RGRE-1129-14-328974

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