Argentina Superintendency of Insurance published an update on Superintendent Guillermo Plate’s participation in the 21st National Insurance Forum held on 8 April in Buenos Aires, where he outlined the authority’s agenda to modernise supervision and pursue more efficient regulation. Plate framed deregulation as compatible with maintaining supervisory powers, describing a direction of “deregulating to supervise better.” In his remarks, Plate highlighted the role of insurance in the economy, noting that while it represents 3% of GDP it underpins the remaining 97%. He pointed to a shift toward a data-based supervisory model with more information and improved tools, moving beyond the publication of spreadsheets toward more comprehensive analysis to support decision-making with policyholder protection as the focal point. On Galeno ART, he said the revocation reflected the exercise of legally required control rather than a short-term decision, stressing that solvency is a constitutive condition of insurance and that the Reserve Fund guarantees benefits but does not replace the insurer. He also underscored the role of insurance producers advisers (PAS) in the ecosystem, describing them as the first to detect system failures given their proximity to policyholders.
Argentina Superintendency of Insurance 2026-04-09
Argentina Superintendency of Insurance sets out data-driven supervision agenda and defends Galeno ART revocation at National Insurance Forum
The Argentina Superintendency of Insurance reported on Superintendent Guillermo Plate’s remarks at the 21st National Insurance Forum, where he outlined a modernisation agenda focused on more efficient, data-based supervision and framed “deregulating to supervise better” as compatible with strong supervisory powers. Plate emphasised policyholder protection, said the revocation of Galeno ART’s authorisation reflected legally required solvency control, and highlighted the central role of insurance producer advisers as early detectors of system failures.