CHILE Law and Practice Contributed by: Ricardo Rozas, Max Morgan and Stefano Perretta, JJR Abogados
• Actuarial report – all parametric insurance must have an actuarial report signed by the mathemati- cal actuary or technical manager of the insurance company that commercialises it. • Complaint, settlement and payment mechanisms, once it has been determined that the insured meets the conditions for being indemnified. • Commercialisation requirements (based on the local fintech regulations applicable when offering
financial products and services). • Monthly reporting to the CMF.
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