Regulatory Alerts2020-04-10 | DOF 5591487Added
Authorization for Sofia Salud, S.A. to Organize and Operate as an Insurance Institution
The Federal Government, through the National Insurance and Bonding Commission, authorizes Sofia Salud Holdings, S.A.P.I. de C.V. and Mr. Manuel Andere Portas to organize and operate Sofia Salud, S.A. as an insurance institution in Mexico, specifically for accident and sickness insurance in the health sector. This authorization is conditional upon obtaining a favorable opinion from the Commission within 180 days of the approval of the public instrument establishing the company, as well as a definitive opinion from the Ministry of Health. The institution must publish the authorization in the Official Gazette and two widely circulated newspapers within 120 days of notification, and the authorization is intransmissible by its nature.