Tag: insurers

SBS reduces minimum share capital of supervised companies

SBS reduces minimum share capital of supervised companies SBS reduces minimum share capital of supervised companies

The minimum share capital for the quarter corresponding to July, August and September is updated and the amount for banks, savings banks, insurance companies and other companies is reduced. Join the Whatsapp channel The Superintendency of Banking, Insurance and AFP (SBS) has reduced the minimum share capital for financial companies with multiple and specialized operations, […]

Chilean Minister of Justice on insurers: “the sentences are fulfilled, whether they like it or not”

Chilean Minister of Justice on insurers: “the sentences are fulfilled, whether they like it or not” Chilean Minister of Justice on insurers: “the sentences are fulfilled, whether they like it or not”

The Chilean Minister of Justice and Human Rights, Luis Cordero Vega, referred this Wednesday to the sentence that obliges the health insurers to pay a million-dollar debt to their clients for excessive charges, and stressed that in Chili “The sentences are fulfilled, whether they like it or not.” The minister expressed himself in this way […]

Climate forces insurers to be creative and reinvent themselves

Climate forces insurers to be creative and reinvent themselves Climate forces insurers to be creative and reinvent themselves

This is becoming a big problem. Insurers give businesses and individuals the peace of mind that, for a small premium paid on a regular basis, they will be covered in the event of catastrophes such as floods or wildfires. However, if payments increase because more customers apply, then the insurance industry either makes less profit […]

Repsol files a claim against the owners of the Mare Doricum ship and its insurers

Repsol files a claim against the owners of the Mare Doricum ship and its insurers Repsol files a claim against the owners of the Mare Doricum ship and its insurers

With information from EFE The Spanish oil company Repsol has filed a claim with the owners of the Italian oil tanker Mare Doricum and their insurers for the spill of more than 10,000 barrels of crude oil on the Peruvian coast, which occurred on January 15. This marks the beginning of the coverage process for […]

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