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El Pacifico Vida Compania de Seguros y Reaseguros Gets Fined For Delay On Report Filing


Wednesday, 25 Jan 2012 04:12pm EST 

El Pacifico Vida Compania de Seguros y Reaseguros announced that it has been fined for failing to send on time its semiannual reports concerning the monitoring, evaluation and validation of the methodology for estimating incurred but not reported (IBNR) reserves for fiscal year 2010. It should be noted that the Company did send the above mentioned reports, however, with a delay of 15 days after the deadline. Other details were not disclosed. 

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