Category Archives: (re) Insurance articles Ecuador

New Legal Framework for Foreign Reinsurers and Intermediaries in Ecuador

Posted on March 28, 2023 by Insurance Professionals Miami

On Friday February 24, 2023, the Superintendence of Companies, Securities, and Insurance (SCVS) issued new provisions on the requirements that foreign reinsurers and reinsurance intermediaries must meet in order to obtain or maintain their license to do business in Ecuador … Continue reading →

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Forced liquidation: Article 42 and its implications on the earthquake in Ecuador

Posted on April 27, 2016 by Insurance Professionals Miami

On 16 April 2016, a devastating earthquake of 7.8 magnitude struck Ecuador. The coastal towns of Muisne and Pedernales were hit hardest by the earthquake, with the capital city Quito, over 170 km away, also feeling its effects strongly.  The … Continue reading →

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