Regulatory Alerts2018-04-17 | DOF 5519531Added
Official Letter Modifying the Authorization Granted to Odontored Seguros Dentales, S.A. de C.V. to Operate as an Insurance Institution
The National Insurance and Sureties Commission modifies the authorization for Odontored Seguros Dentales, S.A. de C.V. to update its corporate statutes by changing its registered domicile from the Federal District to Mexico City and adjusting its capital requirements. The institution must now hold a minimum paid-in capital expressed in Investment Units and covered in national currency for each authorized line of business, rather than a fixed amount. These changes align the authorization with the Political Reform of Mexico City and Article 49 of the Insurance and Sureties Institutions Law.