Regulatory Alerts2018-07-19 | DOF 5532185Added
Official Letter Modifying the Authorization Granted to Tlloc Seguros, S.A. to Operate as an Insurance Institution
The National Insurance and Sureties Commission modifies the authorization granted to Tlloc Seguros, S.A. to reflect changes in its corporate bylaws, specifically replacing the fixed capital amount with a requirement to maintain the minimum paid-in capital determined annually for each authorized line of business, expressed in Investment Units and paid in national currency. The modified authorization terms are published in full within the resolution. Tlloc Seguros, S.A. is required to publish these resolutions in the Official Federal Gazette and two widely circulated newspapers within 120 days of notification.