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Insurance rules in Colombia, Mexico and Chile in line with international standards


Law firm Kennedys Law L.L.P. has said that Colombia, Mexico and Chile stand out in terms of having insurance regulations that are in line with international standards, reported BNamericas.

Experts at Kennedy's said that the Mexican insurance industry has regulations that are based on risk management and Solvency II principles.

The experts added that new regulatory initiatives in Chile and Colombia offer opportunities for insurers.

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