Regulatory Alerts2017-09-07 | DOF 5496467Added
Notice revoking the authorization granted to Nezter Seguros, S.A. de C.V. to operate as an insurance institution
The National Insurance and Bonds Commission revokes the authorization granted to Nezter Seguros, S.A. de C.V. to operate as an insurance institution due to a deficiency in minimum paid-in capital coverage. The institution reported a shortfall of $3,338,403.68 as of March 31, 2016, which the Commission determined to be $3,904,929.96. Despite submitting a regularization plan to address the capital deficit and reactivating insurance policies, the institution failed to comply with regulatory requirements, leading to the cancellation of its operating license.
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