Regulatory Alerts2017-09-25 | DOF 5498428Added
Official Letter Authorizing the Appointment of Administrative Liquidator for Istmo Mexico Reinsurance Company
The National Insurance and Bonds Commission authorizes José Alberto Bourget Parra to serve as the administrative liquidator of Istmo Mexico, Compañía de Reaseguros, S.A. de C.V., following the revocation of its operating authorization. The appointee must submit a surety bond equivalent to 1,500 Units of Measure and Update and a five-year credit report within five business days of notification. Compensation for the liquidation is paid from the insolvent institution's assets and is determined by applicable regulations.
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