The Argentina Superintendency of Insurance has revoked the authorisation of ORBIS Compañía Argentina de Seguros S.A. to operate as an insurer, after the company notified the regulator on 19 March that it would dissolve voluntarily and begin liquidation under Article 50 of Law 20,091 and its implementing rules. The revocation was issued by a resolution dated 21 March. In parallel court proceedings on the insurer’s liquidation before the National Commercial Court of First Instance No. 19 (Case No. 8807/2025), the Superintendency sought to be appointed as liquidator, but the request was rejected by a decision dated 17 July 2025; the Superintendency has appealed and the appeal remains under consideration.
Argentina Superintendency of Insurance 2025-08-21
Argentina Superintendency of Insurance revokes Orbis Compañía Argentina de Seguros’ operating authorisation following voluntary dissolution and liquidation
The Argentina Superintendency of Insurance revoked ORBIS Compañía Argentina de Seguros S.A.'s authorization to operate following its voluntary dissolution and liquidation notice. The Superintendency's request to be appointed as liquidator was rejected by the National Commercial Court, and the appeal is pending.