Regulatory Alerts2017-05-30 | DOF 5484623Added
Official Letter Modifying the Authorization Granted to Pan-American Mexico, Insurance Company, S.A. de C.V.
The National Commission of Insurance and Sureties modifies the authorization for Pan-American Mexico, Insurance Company, S.A. de C.V., to organize and operate as a subsidiary insurance institution. The modification expands the company's authorized operations to include life insurance, in addition to its existing accident and sickness coverage. The authorization is also updated to reflect the change of the company's social domicile from the Federal District to Mexico City and to require minimum paid-in capital expressed in Investment Units as determined annually for each authorized operation or branch.