Regulatory Alerts2016-01-14 | DOF 5422646Added · Updated
Official Letter Modifying the Authorization of Seguros Multiva, S.A. Due to Capital Increase
The document modifies the authorization granted to Seguros Multiva, S.A., Grupo Financiero Multiva, to update its authorized capital to 155,500,000 Mexican pesos. This change results from the approval of a statutory reform increasing the company's social capital from 65,500,000 to 155,500,000 pesos. The modification specifically updates Base II of Article Three of the institution's operating authorization, which defines its permitted insurance lines of business.