Argentina Superintendency of Insurance has issued a resolution replacing Article 50 of the General Insurance Activity Regulation to strengthen the supervisory framework for voluntary liquidation of insurers, with an end-to-end focus on ensuring fulfilment of obligations to policyholders and third parties who have suffered damage. The update builds on the approach in Law No 20.091, under which a voluntarily dissolved insurer is liquidated by its statutory corporate bodies under the Superintendency’s oversight. The revised rule replaces the prior Article 50 in the General Insurance Activity Regulation (as set out in Resolution No 38.708/2014), adds tools to reinforce monitoring of liquidation processes, and allows the Superintendency to take necessary measures where it detects situations that could prejudice protected interests, including assuming conduct of the liquidation.
Argentina Superintendency of Insurance 2026-03-18
Argentina Superintendency of Insurance amends voluntary liquidation rules to strengthen oversight and protect policyholders and third-party claimants
The Argentina Superintendency of Insurance has revised Article 50 of the General Insurance Activity Regulation to enhance supervision of voluntary insurer liquidations, ensuring obligations to policyholders and affected third parties are met. This update, under Law No 20.091, strengthens oversight by allowing the Superintendency to intervene in liquidation processes if necessary.