More Insurance Companies in Guatemala

The Superintendency of Banks (SB) has authorized a change in the corporate name of the company, which was registered in the country as the BMI Insurance Company of Guatemala, Sociedad Anonima.

Once the process in the SB has been finalised, the Monetary Board must then authorize the changes.

An article in S21.com.gt states: "another firm interested in entering the local market is the insurer Bupa, which submitted its documentation on August 16 to form the Bupa Guatemala SB, Compañía de Seguros, S.A. This is currently being reviewed in order to verify compliance with the requirements of the Insurance Activity Act. "

Source: sigloxxi.com

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