Regulatory Alerts2018-07-09 | DOF 5530573Added
Authorization for Fianzas Guardiana Inbursa, S.A., Grupo Financiero Inbursa, to organize and operate as an insurance institution in the suretyty branch
The National Commission of Insurance and Suretyty authorizes Fianzas Guardiana Inbursa, S.A., Grupo Financiero Inbursa, to reorganize and operate as an insurance institution named Inbursa Seguros de Caución y Fianzas, S.A., authorized to underwrite suretyty insurance and various suretyty sub-lines in Mexico. This authorization is subject to obtaining a favorable opinion from the Commission within 180 days of the approval of the institution's bylaws, and requires publication in the Official Gazette and two widely circulated newspapers within 120 days of notification.