Category Archives: (re) Insurance articles Venezuela

Insurance Articles Venezuela

Venezuela: How high is the tide for (re) Insurers?

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Update on Venezuela: Insurance Contract Act

On 30 December 2015, before the newly elected opposition-led Congress took office, the Venezuelan government issued a Law-Decree amending several provisions of the Insurance Activity Act of 2010. Below, we discuss the two most relevant amendments to the Act. The … Continue reading

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Venezuelan currency controls out of control

The system of exchange controls in Venezuela has been in effect for more than 11 years. Since 2003, when the exchange control came into effect, the process of obtaining foreign currency from the Venezuelan Central Bank (BCV) has turned more … Continue reading

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