Regulatory Alerts2020-03-03 | DOF 5588144Added
Official Letter Modifying the Authorization Granted to Berkley International Seguros Mexico, S.A. de C.V.
The National Insurance and Sureties Commission modifies the authorization granted to Berkley International Seguros Mexico, S.A. de C.V. to remove the practice of suretyship operations from its corporate purpose. Consequently, Article Two of the authorization is amended to reflect that the subsidiary insurance institution is authorized to conduct damage operations in specific lines of business and reinsurance, excluding suretyship. The modified authorization terms are published in the Official Gazette and two widely circulated newspapers within 120 days of notification.
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