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Can foreign persons and/or companies carry out insurance activities in the Dominican Republic?

April 26, 2017activities carry companies dominican republic foreign Insurance persons

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Can foreign persons and/or companies carry out insurance activities in the Dominican Republic?

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Under Law 126 of 1971, foreign companies may operate as foreign insurers or reinsurers in the Dominican market if, among other requirements, they have been organized and operating for more than five years in their country of origin.