Regulatory Alerts2020-07-08 | DOF 5596370Added
Official Letter Modifying the Authorization for Old Mutual Life, S.A. de C.V. (Now Skandia Life, S.A. de C.V.) to Organize and Operate as an Insurance Institution Due to Name Change
The National Insurance and Bonding Commission modifies the authorization granted to Old Mutual Life, S.A. de C.V., to reflect its name change to Skandia Life, S.A. de C.V. and the corresponding name change of its foreign financial institution and related society. The resolution updates Article One of the authorization to designate Skandia Life as a subsidiary insurance institution of Skandia Compañía de Seguros de Vida, S.A. of Colombia, operating through Skandia Controladora, S.A. de C.V. The document mandates that this official letter be published in the Official Gazette of the Federation and two widely circulated newspapers within 120 days of notification.