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Insurance Market

Insurance Market

In this section, you may have access to full texts of laws and law regulations, that make up legislation granting power to the SVS in order to exercise its functions in relation to securities market. Documents are in PDF format and have to be read using the Acrobat Reader software, that is available for free in the following address: www.adobe.com.

ALL TEXTS ARE ONLY SPANISH VERSION

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Law No. 18.490, of 1986. On Obligatory Insurance for Personal Accidents (SOAP) caused by motor vehicles. (text is updated and includes modifications introduced by Law No. 20,227 of November 15, 2007).

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Law No. 20.190 (MK2) It introduces tax and institutional amendments to promote capital risk industry.

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Law No.19.769. It makes Mutual Funds and Insurance Company investments flexible, creates the General Fund Manager, facilitates Bank internationalization, and improves Corporation and Investment Fund laws.

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Insurance Law. DFL No. 251 of 1931 (text is updated and includes modifications introduced by Law No. 20,255, of March 17, 2008).

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Summary of Legal Regulations governing Chilean Insurance Market.

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Legislation on Insurance Mutual Benefit Funds (including amendments to OPAS Law)

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Regulation of Insurance Commerce Auxiliaries, Supreme Decree No. 863 of 1989. (pdf)

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Commerce Code (pdf)
Book II of Trade Contracts and Obligations in General
Title VIII of Insurance in general and land insurance in particular
Book III of Navigation and Maritime Commerce
Title VII of Maritime Insurance

D.L. 3500, Individual Pension Plan System (text is updated and includes modifications introduced by Law No. 20.455 of July 31, 2010)

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