Regulatory Alerts2025-04-04 | DOF 5754066Added
Notice communicating the Agreement of the Board of Directors of the National Commission of Insurance and Sureties modifying the authorization granted to Aseguradora Patrimonial Daños, S.A.
The National Commission of Insurance and Sureties modifies the operating authorization of Aseguradora Patrimonial Daños, S.A. to reflect integral reforms to its bylaws, specifically updating legal references from the General Law of Insurance and Mutual Insurance Companies to the Law of Insurance and Sureties Institutions, replacing the reference to "earthquake" with the broader category of "catastrophic risks," establishing that minimum paid-in capital must equal the value of Investment Units determined by the Commission, and changing the social domicile from "Federal District" to "Mexico City." The modified authorization is published in the Official Gazette of the Federation and two widely circulated newspapers within 120 natural days following notification.