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Brief
On December 10, 2024, the Superintendence of Private Insurance (Superintendence de Seguros Privados – SUSEP) issued an update regarding "Susep opens Public Consultation on rural insurance plans subject to premium subsidy". The initiative aims to streamline the analysis process and reduce approval times for subsidized rural insurance plans, with a focus on improving contract clarity and reducing information asymmetry between insurers and producers.
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