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Ley 20/2015, de 14 de julio, de ordenación, supervisión y solvencia de las entidades aseguradoras y reaseguradoras.

Stage enactedUpdated 16d ago

This law establishes rules for the organization, supervision, and financial stability of insurance and reinsurance companies in Spain. It aims to ensure the solvency of these entities and protect policyholders. The legislation affects insurance providers, reinsurers, and consumers who purchase insurance products. It sets capital requirements and governance standards for these financial institutions.