Expert legal guidance for Panama insurance and reinsurance licenses regulated by the Superintendencia de Seguros y Reaseguros de Panamá (ASEP).
Panama's insurance market is regulated by the Superintendencia de Seguros y Reaseguros de Panamá (ASEP), which oversees insurers, reinsurers and insurance brokers operating in or from Panama.
We guide insurance companies through the complete ASEP license application process, from pre-filing eligibility assessment through approval and ongoing regulatory compliance.
Deep insight into Panama's tax authority processes.
Master in Public Administration — law, economics and policy.
You always deal directly with the attorney handling your case.
Licensed attorney in the Republic of Panama.
"Panama's strategic position makes it an effective base for regional insurance and reinsurance operations. The ASEP license provides access to the Latin American market."
— Lic. José Manuel Góndola Escudero · Idoneidad No. 17,005License for life, health and personal accident insurance products in Panama.
License for property, casualty, marine and other non-life insurance products.
License for reinsurance operations accepting risk from primary insurers.
License for insurance brokerage activities in Panama.
Formation and licensing of captive insurance vehicles in Panama.
License for placing insurance outside the admitted market for unusual risks.
We assess your insurance activities, capital structure and ASEP requirements.
Complete application: business plan, financial projections, reinsurance arrangements, governance.
Filing with the Superintendencia de Seguros with full legal representation.
License issuance and regulatory compliance framework setup.
International insurance group establishing Panama subsidiary for regional operations.
International reinsurer licensing Panama operations for Latin American business.
Corporate group establishing captive insurance vehicle in Panama for self-insurance.
Capital requirements vary by license type and class of insurance. We provide a specific breakdown for your intended activities.
Typically 6–12 months from submission to approval, depending on the type of license and application completeness.
Yes, through a locally licensed subsidiary. Foreign companies must establish a Panama entity to obtain an ASEP license.
ASEP requires that insurers maintain adequate reinsurance arrangements demonstrating capacity to cover their policy obligations.
Yes. ASEP requires quarterly and annual filings, actuarial reports, investment compliance and AML program maintenance.
Confidential consultation. We assess eligibility and provide a complete roadmap.