The Private Pension Regulation and Supervision Authority (IPRSA) has made amendments to the general communiqué regarding the implementation of the Insurance and Reinsurance Brokers Regulation dated 01/12/2015. To address deficiencies in applications, files will be returned to the Association. For brokers operating in the reinsurance field, a minimum professional experience of at least two years is required. Additionally, it is emphasized that the minimum paid-in capital requirement must be met in cash during the licensing application process, and applications will be rejected if they do not comply with the established rules. The President of IPRSA will be responsible for the implementation of this communiqué.
