{"id":5900,"date":"2018-12-06T17:51:50","date_gmt":"2018-12-06T17:51:50","guid":{"rendered":"https:\/\/assalweb.org\/estandares-assal\/"},"modified":"2025-12-09T17:25:22","modified_gmt":"2025-12-09T17:25:22","slug":"assal-standards","status":"publish","type":"page","link":"https:\/\/assalweb.org\/en\/assal-standards\/","title":{"rendered":"ASSAL Standards"},"content":{"rendered":"[vc_row type=&#8221;full_width_background&#8221; full_screen_row_position=&#8221;middle&#8221; equal_height=&#8221;yes&#8221; content_placement=&#8221;middle&#8221; bg_image=&#8221;1059&#8243; bg_position=&#8221;left center&#8221; bg_repeat=&#8221;no-repeat&#8221; scene_position=&#8221;center&#8221; mouse_sensitivity=&#8221;2&#8243; layer_one_strength=&#8221;2&#8243; text_color=&#8221;light&#8221; text_align=&#8221;left&#8221; top_padding=&#8221;3%&#8221; bottom_padding=&#8221;3%&#8221; enable_gradient=&#8221;true&#8221; color_overlay=&#8221;rgba(0,17,67,0.88)&#8221; gradient_direction=&#8221;left_to_right&#8221; overlay_strength=&#8221;0.8&#8243; shape_divider_position=&#8221;bottom&#8221; shape_type=&#8221;&#8221;][vc_column column_padding=&#8221;padding-3-percent&#8221; column_padding_position=&#8221;all&#8221; background_color_opacity=&#8221;1&#8243; background_hover_color_opacity=&#8221;1&#8243; column_link_target=&#8221;_self&#8221; column_shadow=&#8221;none&#8221; column_border_radius=&#8221;none&#8221; top_margin=&#8221;2%&#8221; bottom_margin=&#8221;2%&#8221; width=&#8221;1\/2&#8243; tablet_width_inherit=&#8221;default&#8221; tablet_text_alignment=&#8221;default&#8221; phone_text_alignment=&#8221;default&#8221; column_border_width=&#8221;none&#8221; column_border_style=&#8221;solid&#8221;][vc_row_inner column_margin=&#8221;default&#8221; text_align=&#8221;left&#8221;][vc_column_inner enable_animation=&#8221;true&#8221; animation=&#8221;fade-in-from-bottom&#8221; column_padding=&#8221;padding-2-percent&#8221; column_padding_position=&#8221;right&#8221; background_color_opacity=&#8221;1&#8243; background_hover_color_opacity=&#8221;1&#8243; column_shadow=&#8221;none&#8221; column_border_radius=&#8221;none&#8221; column_link_target=&#8221;_self&#8221; width=&#8221;1\/1&#8243; tablet_width_inherit=&#8221;default&#8221; column_border_width=&#8221;none&#8221; column_border_style=&#8221;solid&#8221; offset=&#8221;vc_col-xs-4&#8243; delay=&#8221;150&#8243;][vc_column_text]\n<h2 style=\"font-size: 38px;\">ASSAL Standards<\/h2>\n[\/vc_column_text]<div class=\"divider-wrap\" data-alignment=\"default\"><div style=\"height: 15px;\" class=\"divider\"><\/div><\/div>[\/vc_column_inner][\/vc_row_inner][vc_row_inner column_margin=&#8221;default&#8221; text_align=&#8221;left&#8221;][vc_column_inner enable_animation=&#8221;true&#8221; animation=&#8221;fade-in&#8221; column_padding=&#8221;no-extra-padding&#8221; column_padding_position=&#8221;all&#8221; background_color_opacity=&#8221;1&#8243; background_hover_color_opacity=&#8221;1&#8243; column_shadow=&#8221;none&#8221; column_border_radius=&#8221;none&#8221; column_link_target=&#8221;_self&#8221; width=&#8221;1\/1&#8243; tablet_width_inherit=&#8221;default&#8221; column_border_width=&#8221;none&#8221; column_border_style=&#8221;solid&#8221; delay=&#8221;160&#8243;][vc_custom_heading text=&#8221;ASSAL standards are documents with general criteria on technical matters that have been worked on by the Working Groups, whose objective is to provide Insurance Supervisors with Principles of International Application in Insurance matters, as well as recommendations for the region.&#8221; font_container=&#8221;tag:p|font_size:13|text_align:justify|color:%23ffffff|line_height:1.3&#8243; use_theme_fonts=&#8221;yes&#8221; css_animation=&#8221;none&#8221;]<div class=\"divider-wrap\" data-alignment=\"default\"><div style=\"height: 15px;\" class=\"divider\"><\/div><\/div>[nectar_cta btn_style=&#8221;material&#8221; heading_tag=&#8221;h5&#8243; text_color=&#8221;#84a4d8&#8243; link_type=&#8221;regular&#8221; alignment=&#8221;left&#8221; text=&#8221;VIEW&#8221; link_text=&#8221;<b>WORKING GROUPS BELONGING TO THE EXECUTIVE COMMITTEE<\/b>&#8221; url=&#8221;https:\/\/assalweb.org\/en\/assal-work-groups\/&#8221;][\/vc_column_inner][\/vc_row_inner][\/vc_column][vc_column column_padding=&#8221;no-extra-padding&#8221; column_padding_position=&#8221;all&#8221; background_color_opacity=&#8221;1&#8243; background_hover_color_opacity=&#8221;1&#8243; column_link_target=&#8221;_self&#8221; column_shadow=&#8221;none&#8221; column_border_radius=&#8221;none&#8221; top_margin=&#8221;-3%&#8221; width=&#8221;1\/2&#8243; tablet_width_inherit=&#8221;default&#8221; tablet_text_alignment=&#8221;default&#8221; phone_text_alignment=&#8221;default&#8221; column_border_width=&#8221;none&#8221; column_border_style=&#8221;solid&#8221;][\/vc_column][\/vc_row][vc_row type=&#8221;full_width_background&#8221; full_screen_row_position=&#8221;middle&#8221; bg_image=&#8221;698&#8243; bg_position=&#8221;center center&#8221; bg_repeat=&#8221;no-repeat&#8221; scene_position=&#8221;center&#8221; text_color=&#8221;dark&#8221; text_align=&#8221;left&#8221; top_padding=&#8221;2%&#8221; color_overlay=&#8221;#ffffff&#8221; overlay_strength=&#8221;0.8&#8243; shape_divider_position=&#8221;bottom&#8221; shape_type=&#8221;&#8221;][vc_column column_padding=&#8221;no-extra-padding&#8221; column_padding_position=&#8221;all&#8221; background_color_opacity=&#8221;1&#8243; background_hover_color_opacity=&#8221;1&#8243; column_link_target=&#8221;_self&#8221; column_shadow=&#8221;none&#8221; column_border_radius=&#8221;none&#8221; width=&#8221;1\/1&#8243; tablet_width_inherit=&#8221;default&#8221; tablet_text_alignment=&#8221;default&#8221; phone_text_alignment=&#8221;default&#8221; column_border_width=&#8221;none&#8221; column_border_style=&#8221;solid&#8221;]<div class=\"divider-wrap\" data-alignment=\"default\"><div style=\"height: 10px;\" class=\"divider\"><\/div><\/div>[nectar_highlighted_text highlight_color=&#8221;rgba(255,255,255,0.47)&#8221; style=&#8221;half_text&#8221;]\n<h3>Supervisory systems and insurance practices must be continually updated to cope with these developments.<\/h3>\n[\/nectar_highlighted_text]<div class=\"divider-wrap\" data-alignment=\"default\"><div style=\"height: 20px;\" class=\"divider\"><\/div><\/div>[tabbed_section style=&#8221;material&#8221; alignment=&#8221;center&#8221; spacing=&#8221;default&#8221; tab_color=&#8221;Extra-Color-1&#8243; full_width_line=&#8221;true&#8221; icon_size=&#8221;24&#8243;][tab icon_family=&#8221;none&#8221; title=&#8221;Standards&#8221; id=&#8221;1544116975072-53f9a-b1ee&#8221; tab_id=&#8221;1544119416463-3&#8243;][vc_row_inner equal_height=&#8221;yes&#8221; content_placement=&#8221;middle&#8221; column_margin=&#8221;default&#8221; top_padding=&#8221;2%&#8221; bottom_padding=&#8221;4%&#8221; text_align=&#8221;left&#8221;][vc_column_inner column_padding=&#8221;no-extra-padding&#8221; column_padding_position=&#8221;all&#8221; background_color_opacity=&#8221;1&#8243; background_hover_color_opacity=&#8221;1&#8243; column_shadow=&#8221;none&#8221; column_border_radius=&#8221;none&#8221; column_link_target=&#8221;_self&#8221; width=&#8221;1\/12&#8243; tablet_width_inherit=&#8221;default&#8221; column_border_width=&#8221;none&#8221; column_border_style=&#8221;solid&#8221;][\/vc_column_inner][vc_column_inner column_padding=&#8221;padding-1-percent&#8221; column_padding_position=&#8221;right&#8221; background_color_opacity=&#8221;1&#8243; background_hover_color_opacity=&#8221;1&#8243; column_shadow=&#8221;none&#8221; column_border_radius=&#8221;none&#8221; column_link_target=&#8221;_self&#8221; width=&#8221;5\/6&#8243; tablet_width_inherit=&#8221;default&#8221; column_border_width=&#8221;none&#8221; column_border_style=&#8221;solid&#8221;][vc_column_text]\n<table id=\"myTable\">\n<thead>\n<tr>\n<th class=\"clasth\" align=\"center\">CODE<\/th>\n<th class=\"clasth\" align=\"center\"><b>TITLE<\/b><\/th>\n<th class=\"clasth\" align=\"center\"><b>DATE<\/b><\/th>\n<th class=\"clasth\" align=\"center\"><b>DOCUMENT<\/b><\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td align=\"left\"><\/td>\n<td align=\"left\">Guide on Regulatory and Supervisory Aspects of Microinsurance<\/td>\n<td>2007<\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/assalweb.org\/wp-content\/uploads\/2024\/05\/Guia_sobre_Aspectos_de_Regulacion_y_Supervision_de_Microseguros_2007_Colombia.pdf\" target=\"_blank\" rel=\"noopener\">Gu\u00eda<\/a><\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><\/td>\n<td align=\"left\">Regulatory and Supervisory Standards for Mutuals and Cooperatives<\/td>\n<td>2010<\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/assalweb.org\/wp-content\/uploads\/2024\/05\/Estandares_de_Regulacion_y_Supervison_de_Mutuales_Cooperativas_y_Otras_para_Incrementar_Acceso_2010_Puerto_Rico.pdf\" target=\"_blank\" rel=\"noopener\">Est\u00e1ndares<\/a><\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><\/td>\n<td align=\"left\">Application Document on Regulation and Supervision in Support<\/td>\n<td>2012<\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/assalweb.org\/wp-content\/uploads\/2024\/05\/Documento_de_aplicacion_sobre_regulacion_y_supervision_en_apoyo_de_los_mercados_inclusivos_de_seguros_2013_Peru.pdf\" target=\"_blank\" rel=\"noopener\">Documento<\/a><\/td>\n<\/tr>\n<tr>\n<td align=\"left\">GES_01<\/td>\n<td align=\"left\">Authorization Criterion<\/td>\n<td>1999<\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/assalweb.org\/wp-content\/uploads\/2024\/05\/GES_01_Criterio_Autorizacion.pdf\" target=\"_blank\" rel=\"noopener\">GES_01<\/a><\/td>\n<\/tr>\n<tr>\n<td align=\"left\">GES_02<\/td>\n<td align=\"left\">Solvency Margin Criterion<\/td>\n<td>1999<\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/assalweb.org\/wp-content\/uploads\/2024\/05\/GES_02_Criterio_Margen_de_Solvencia.pdf\" target=\"_blank\" rel=\"noopener\">GES 02<\/a><\/td>\n<\/tr>\n<tr>\n<td align=\"left\">GES_03<\/td>\n<td align=\"left\">Reinsurance Criterion<\/td>\n<td>1999<\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/assalweb.org\/wp-content\/uploads\/2024\/05\/GES_03_Criterio_Reaseguro.pdf\" target=\"_blank\" rel=\"noopener\">GES 03<\/a><\/td>\n<\/tr>\n<tr>\n<td align=\"left\">GES_04<\/td>\n<td align=\"left\">Establishment of Reserves<\/td>\n<td>2000<\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/assalweb.org\/wp-content\/uploads\/2024\/05\/GES_04_Constitucion_de_Reservas_Aprobacion.pdf\" target=\"_blank\" rel=\"noopener\">GES 04<\/a><\/td>\n<\/tr>\n<tr>\n<td align=\"left\">GES_05<\/td>\n<td align=\"left\">Approval of Reserve Investments<\/td>\n<td>2000<\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/assalweb.org\/wp-content\/uploads\/2024\/05\/GES_05_Inversion_de_Reservas_Aprobacion.pdf\" target=\"_blank\" rel=\"noopener\">GES 05<\/a><\/td>\n<\/tr>\n<tr>\n<td align=\"left\">GES_06<\/td>\n<td align=\"left\">Inspections<\/td>\n<td>2000<\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/assalweb.org\/wp-content\/uploads\/2024\/05\/GES_06_Inspecciones.pdf\" target=\"_blank\" rel=\"noopener\">GES 06<\/a><\/td>\n<\/tr>\n<tr>\n<td align=\"left\">GES_07<\/td>\n<td align=\"left\">Derivatives<\/td>\n<td>2001<\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/assalweb.org\/wp-content\/uploads\/2024\/05\/GES_07_Derivados.pdf\" target=\"_blank\" rel=\"noopener\">GES 07<\/a><\/td>\n<\/tr>\n<tr>\n<td align=\"left\">GES_08<\/td>\n<td align=\"left\">Asset Management<\/td>\n<td>2001<\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/assalweb.org\/wp-content\/uploads\/2024\/05\/GES_08_Administracion_de_activos-.pdf\" target=\"_blank\" rel=\"noopener\">GES 08<\/a><\/td>\n<\/tr>\n<tr>\n<td align=\"left\">GES_09<\/td>\n<td align=\"left\">Life Annuities<\/td>\n<td>2002<\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/assalweb.org\/wp-content\/uploads\/2024\/05\/GES_09_Rentas_Vitalicias_15_07_2002.pdf\" target=\"_blank\" rel=\"noopener\">GES 09<\/a><\/td>\n<\/tr>\n<tr>\n<td align=\"left\">GES_10<\/td>\n<td align=\"left\">Money Laundering<\/td>\n<td>2002<\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/assalweb.org\/wp-content\/uploads\/2024\/05\/GES_10_Lavado_de_Dinero_15_07_2002.pdf\" target=\"_blank\" rel=\"noopener\">GES 10<\/a><\/td>\n<\/tr>\n<tr>\n<td align=\"left\">GES_11<\/td>\n<td align=\"left\">Group Supervision<\/td>\n<td>2003<\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/assalweb.org\/wp-content\/uploads\/2024\/05\/GES_11_Supervision_de_Grupos.pdf\" target=\"_blank\" rel=\"noopener\">GES 11<\/a><\/td>\n<\/tr>\n<tr>\n<td align=\"left\">GIC_01<\/td>\n<td align=\"left\">\n<p data-pm-slice=\"1 1 []\">Criteria for Classification and Coding of Insurance Lines<\/p>\n<\/td>\n<td>2000<\/td>\n<td style=\"text-align: center;\"><a href=\"https:\/\/assalweb.org\/wp-content\/uploads\/2024\/05\/GIC_01_Criterios_Clasificacion_y_Codificacion_Ramos_Seguros.pdf\" target=\"_blank\" rel=\"noopener\">GIC 01<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n[\/vc_column_text][\/vc_column_inner][vc_column_inner column_padding=&#8221;no-extra-padding&#8221; column_padding_position=&#8221;all&#8221; background_color_opacity=&#8221;1&#8243; background_hover_color_opacity=&#8221;1&#8243; column_shadow=&#8221;none&#8221; column_border_radius=&#8221;none&#8221; column_link_target=&#8221;_self&#8221; width=&#8221;1\/12&#8243; tablet_width_inherit=&#8221;default&#8221; column_border_width=&#8221;none&#8221; 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