Argentina’s Superintendency of Insurance convened regional supervisors and industry experts in Buenos Aires for the ASSAL-FSI-IAIS High-Level Meeting on Insurance Supervision on 26 March and the 23rd ASSAL-IAIS Latin America Conference on Insurance Regulation and Supervision on 27–28 March, culminating in the 36th Annual General Assembly of the Association of Latin American Insurance Supervisors (ASSAL). In remarks at the event, Superintendent Guillermo Plate said the authority is reviewing rules to eliminate overregulation and refocus supervision on core requirements, citing the revocation of authorisation for four insurers that failed to submit financial statements. Held at the Buenos Aires Stock Exchange, the programme covered regional regulatory and supervisory developments, sector challenges for 2025–2030, and the role of insurance in capital markets, alongside sessions on reinsurance, anti-money laundering and counter-terrorist financing, natural and catastrophic risks, and parametric insurance. Economy Minister Luis Caputo discussed economic policies and their impact on insurance, arguing the sector should be a pillar for Argentina and support capital market growth, while Plate stressed that insurers should maintain sufficient technical reserves to back the policies they issue.
Argentina Superintendency of Insurance 2025-03-31
Argentina Superintendency of Insurance hosts ASSAL and IAIS regional conference and signals a review to reduce overregulation after revoking four insurers
Argentina’s Superintendency of Insurance hosted the ASSAL-FSI-IAIS High-Level Meeting and the 23rd ASSAL-IAIS Latin America Conference in Buenos Aires, focusing on regional regulatory developments and sector challenges. Superintendent Guillermo Plate announced a review of regulations to eliminate overregulation, highlighting the revocation of four insurers' authorizations for non-compliance. Economy Minister Luis Caputo emphasized the insurance sector's role in supporting capital market growth.