Regulatory Alerts2021-12-06 | DOF 5637307Added · Updated
Official Letter Modifying the Authorization Granted to Zurich, Compañía de Seguros, S.A. to Organize and Operate as an Insurance Institution
The National Commission of Insurance and Sureties modifies the authorization granted to Zurich, Compañía de Seguros, S.A., to reflect amendments made to its corporate bylaws. Specifically, the term "Earthquake" is removed from the company's social object because earthquake risks are already included under the Catastrophic Risks branch. The modified Article Second now explicitly authorizes the operation of insurance in the branches of personal accidents, medical expenses, civil liability, professional risks, maritime and transport, fire, automobiles, miscellaneous, and catastrophic risks.