Regulatory Alerts2018-08-17 | DOF 5535178Added
Official Letter modifying the authorization granted to Primero Seguros, S.A. de C.V., to organize and operate as an insurance institution
The National Insurance and Sureties Commission modifies the authorization granted to Primero Seguros, S.A. de C.V., to reflect changes in its corporate bylaws, specifically updating its corporate purpose and capital structure. The modified authorization establishes that the entity is a subsidiary of Wesco Insurance Company, authorizes it to conduct damage insurance operations in specific lines of business, and sets its corporate domicile in Monterrey, Nuevo León. The resolution mandates the publication of these changes in the Official Gazette and two widely circulated newspapers within 120 days of notification.