Amending Circular 9/24 of the Single Insurance and Surety Circular

DOF: 27/12/2024

Amending Circular 9/24 of the Single Insurance and Surety Circular

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

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

CIRCULAR

AMENDING

9/24

OF THE

SINGLE

INSURANCE

AND

SURETY

CIRCULAR

(Annexes

34.1.21-b

and

34.4.3.)

The

National

Insurance

and

Sureties

Commission,

based

on

the

provisions

of

Articles

107,

108,

256,

366,

paragraphs

II

and

X,

372,

paragraphs

VI,

IX

and

XLII,

and

of

the

Law

of

Insurance

and

Surety

Institutions,

and:

CONSIDERING

That

in

accordance

with

the

provisions

of

Article

of

the

Law

of

Insurance

and

Surety

Institutions,

in

concordance

with

Chapter

34.1.,

of

the

Single

Insurance

and

Surety

Circular,

it

is

the

competence

of

the

National

Insurance

and

Sureties

Commission

to

maintain

the

General

Register

of

Foreign

Reinsurers

in

which

first-tier

reinsurers

from

abroad

that

meet

solvency

and

stability

requirements

to

carry

out

reinsurance

and

surety

operations

and

to

comply

with

the

diversification

of

responsibilities

assumed

by

insurance

institutions

and

mutual

insurance

societies

and

surety

institutions

in

the

country

appear;

which

implies

giving

follow-up,

among

other

things,

to

acts

of

registration,

cancellation,

and

changes

in

the

legal

status

presented

by

such

entities

from

abroad,

and

whose

registration

will

be

made

known

through

Annex

34.1.21-b.,

of

the

cited

Circular.

That

in

accordance

with

the

provisions

of

Article

of

the

Law

of

Insurance

and

Surety

Institutions,

with

regard

to

Disposition

34.4.3.,

of

the

Single

Insurance

and

Surety

Circular,

the

information

regarding

the

Representation

Offices

of

Foreign

Reinsurers

authorized

by

the

National

Insurance

and

Sureties

Commission,

to

establish

themselves

in

the

United

Mexican

States,

will

be

made

known

through

Annex

34.4.3

of

the

mentioned

Circular.

That,

by

virtue

of

the

foregoing,

it

is

necessary

to

update

Annexes

34.1.21-b

and

34.4.3.,

of

the

Single

Insurance

and

Surety

Circular,

with

the

information

regarding

the

granting

of

registration

in

the

General

Register

of

Foreign

Reinsurers

of

first-tier

reinsurers

from

abroad,

that

meet

the

solvency

and

stability

requirements

to

carry

out

operations

and

comply

with

the

diversification

of

responsibilities

assumed

by

insurance

institutions

and

mutual

insurance

societies

and

surety

institutions

in

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

Insurance

and

Sureties

Commission

regarding

their

Representation

Offices

authorized

by

the

National

Insurance

and

Sureties

Commission

to

establish

themselves

in

the

United

Mexican

States.

For

the

above

reasons,

the

National

Insurance

and

Sureties

Commission

has

resolved

to

issue

the

following

amendment

to

the

Single

Insurance

and

Surety

Circular

in

the

following

terms:

AMENDING

CIRCULAR

9/24

OF

THE

SINGLE

INSURANCE

AND

SURETY

CIRCULAR

(Annexes

34.1.21-b

and

34.4.3.)

SINGLE.

Annexes

34.1.21-b

and

34.4.3.,

of

the

Single

Insurance

and

Surety

Circular

are

amended.

TRANSITORY

PROVISIONS

FIRST.-

Publish

in

the

Official

Journal

of

the

Federation.

SECOND.-

This

Amending

Circular

shall

take

effect

on

the

day

following

its

publication

in

the

Official

Journal

of

the

Federation.

Respectfully

Mexico

City,

december

17,

2024.

• The President of the National Insurance and Sureties Commission, Ricardo

Ernesto

Ochoa

Rodríguez.

• Signature.

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

GRRE

From

August

to

December

15,

a)

Granting

of

registration.

SHCP/CNSF

Letter

Date

Subject

...

...

...

06-C00-41100-29710/2024

13/08/2024

Registration

is

granted

to

GENESIS

GLOBAL

INSURANCE

SAC

LIMITED,

with

registration

number

RGRE-1309-24-C0000.

06-C00-41100-31516/2024

04/09/2024

Registration

is

granted

to

EVEREST

INSURANCE

(IRELAND)

DESIGNATED

ACTIVITY

COMPANY,

with

registration

number

RGRE-1310-24-C0000.

06-C00-41100-33926/2024

23/09/2024

Registration

is

granted

to

NATIONWIDE

MUTUAL

INSURANCE

COMPANY,

with

registration

number

RGRE-1311-24-C0000.

06-C00-41100-35257/2024

10/10/2024

Registration

is

granted

to

LONDON

LIFE

AND

CASUALTY

(BARBADOS)

CORPORATION,

with

registration

number

RGRE-1312-24-C0000.

06-C00-41100-35249/2024

10/10/2024

Registration

is

granted

to

PEERLESS

INSURANCE

COMPANY,

with

registration

number

RGRE-1313-24-C0000.

06-C00-41100-36331/2024

24/10/2024

Registration

is

granted

to

SEGUROS

E

INVERSIONES,

S.A.

(SISA),

with

registration

number

RGRE-1314-24-C0000.

06-C00-41100-37288/2024

04/11/2024

Registration

is

granted

to

WIIKIT

RE,

LTD,

with

registration

number

RGRE-1315-24-C0000.

06-C00-41100-37899/2024

05/11/2024

Registration

is

granted

to

BERKSHIRE

HATHAWAY

EUROPEAN

INSURANCE

DAC,

with

registration

number

RGRE-1316-24-C0000.

06-C00-41100-39207/2024

25/11/2024

Registration

is

granted

to

EVEREST

REINSURANCE

COMPANY

(IRELAND),

DAC.

with

registration

number

RGRE-1317-24-C0000.

b)

Cancellation

of

registration.

SHCP/CNSF

Letter

Date

Subject

...

...

...

06-C00-41100-32398/2024

10/09/2024

Registration

is

cancelled

for

AMERICAN

STEAMSHIP

OWNERS

MUTUAL

PROTECTION

AND

INDEMNITY

ASSOCIATION,

INC.

with

registration

number

RGRE-1206-16-C0000.

06-C00-41100-33677/2024

19/09/2024

Registration

is

cancelled

for

ATRADIUS

REINSURANCE

DESIGNATED

ACTIVITY

COMPANY,

with

registration

number

RGRE-901-05-326915.

c)

Change

of

name

or

location.

No

changes.

d)

Change

of

legal

status.

SHCP/CNSF

Letter

Date

Subject

...

...

...

06-C00-41100-34488/2024

22/10/2024

Knowledge

was

taken

of

the

merger

carried

out

between

ATRADIUS

CRÉDITO

Y

CAUCIÓN

S.A.

DE

SEGUROS

Y

REASEGUROS,

as

the

merging

and

surviving

entity

with

registration

number

RGRE-1293-23-C0000

and

ATRADIUS

REINSURANCE

DESIGNATED

ACTIVITY

COMPANY

as

the

merged

entity

with

registration

number

prior

to

its

cancellation

of

RGRE-901-05-326915.

06-C00-411-39458/2024

26/11/2024

Knowledge

was

taken

of

the

closure

of

the

Representation

Office

of

PARTNER

REINSURANCE

COMPANY

LTD,

an

entity

registered

in

the

GRRE

with

number

RGRE-446-97-318415,

effective

as

of

August

7,

2024;

understanding

that

said

entity

will

continue

to

operate

as

a

foreign

reinsurer

and

comply

with

the

obligations

it

assumes.

ANNEX

34.4.3

LIST

OF

REPRESENTATION

OFFICES

OF

FOREIGN

REINSURERS

IN

OPERATION

As

of

December

15,

No.

Representation

Office

Registration

Number

of

the

Foreign

Reinsurer

LLOYD

'S

RGRE-001-85-300001

MÜNCHENER

RÜCKVERSICHERUNGS-

GESELLSCHAFT

RGRE-002-85-166641

SWISS

REINSURANCE

COMPANY

LTD

RGRE-003-85-221352

GENERAL

REINSURANCE

AG

RGRE-012-85-186606

WESTPORT

INSURANCE

CORPORATION

RGRE-203-85-300177

LIBERTY

MUTUAL

INSURANCE

COMPANY

RGRE-210-85-300184

MAPFRE

RE

COMPAÑÍA

DE

REASEGUROS,

S.A.

RGRE-294-87-303690

RGA

REINSURANCE

COMPANY

RGRE-376-94-316539

BERKLEY

INSURANCE

COMPANY

RGRE-405-97-319746

SCOR

SE

RGRE-501-98-320966

SWISS

REINSURANCE

AMERICA

CORPORATION

RGRE-795-02-324869

STARR

INDEMNITY

&

LIABILITY

COMPANY

RGRE-1003-09-327405

STARR

INSURANCE

&

REINSURANCE

LIMITED

RGRE-1126-13-328961

ODYSSEY

REINSURANCE

COMPANY

RGRE-1130-14-321014

HANNOVER

RÜCK

SE

RGRE

-1177-15-299927

OCEAN

INTERNATIONAL

REINSURANCE

COMPANY

LIMITED

RGRE-1185-15-329063

SWISS

RE

CORPORATE

SOLUTIONS

AMERICA

INSURANCE

CORPORATION

RGRE-1281-22-C0000

---

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