Regulatory Alerts2024-12-27 | DOF 5746259Added
Modifying Circular 8/24 of the Single Insurance and Surety Circular
Insurance institutions and mutual societies authorized to operate earthquake, hurricane, and other hydrometeorological risk insurance must use version 2.0 of the CNSF-provided computation systems to calculate risk premiums and probable maximum losses (PML). This update improves processing speed and ensures compatibility with current technological infrastructure. The modification to Annexes 5.1.5-b and 5.1.6-b of the Single Insurance and Surety Circular enters into force on March 31, 2025.
More like this from SHCP
SHCP published 15 documents in the last 30 days. We email you each new one the day it's published.
Topics
Share