The Argentina Superintendency of Insurance issued Resolution 304/2025 amending points 30 and 39 of the General Regulation of Insurance Activity, with changes intended to strengthen the insurance sector’s solvency framework, simplify technical ratio calculations and streamline supervision by removing redundant concepts. The amendments allow deferred assets linked to single-premium policies that exceed the annuality to be included in eligible capital, and remove the treatment of “excesses” relating to investments, real estate, securities to be deposited and receivables linked to insurance activity. Property valuation must follow professional accounting standards issued by the Argentine Federation of Professional Councils in Economic Sciences (FACPCE). The update also clarifies the respective roles of key technical metrics, positioning minimum capital as a long-term solidity requirement and the Coverage Position as an asset-liability matching tool that limits holdings in each class of eligible asset.
Argentina Superintendency of Insurance 2025-06-12
Argentina Superintendency of Insurance updates insurance activity rules to revise eligible capital, remove investment excess concepts and streamline technical ratio calculations
The Argentina Superintendency of Insurance issued Resolution 304/2025, amending the General Regulation of Insurance Activity to enhance the sector's solvency framework and simplify technical ratio calculations. Key changes include allowing deferred assets linked to single-premium policies in eligible capital and removing redundant investment concepts. Property valuation must adhere to standards set by the Argentine Federation of Professional Councils in Economic Sciences.