Global Trade Alert
Global Trade Alert

Argentina: Further limitations on foreign reinsurers via Resolution 35,749

Announcement

19 May 2011

In May 2011, the government of Argentina changed the local sourcing requirements for reinsurers.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

19 May 2011

Revocation date:

No revocation date

Last action: 19 May 2011
Local operations requirement In force
On 19 May 2011, the Argentine Insurance regulator (Superintendencia de Seguros) enacted Resolution 35.794. The resolution establishes that the first USD 50'000'000 of any individual risk has to be re...
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