Insurance Law

PSTBN has developed and strengthened its highly competitive insurance and reinsurance department with deep knowledge of the insurance market. Our specialists in insurance and reinsurance law provide legal advice to several insurance and reinsurance companies in Paraguay and reinsurance companies residing abroad, related to registration and local authorization to operate, corporate matters, regulatory and compliance aspects in insurance matters, insurance claims, advice on the design of new insurance products, updating of registered insurance plans, advice on insurtech and new technologies applied to the insurance industry, insurance coverage in all branches (Property and/or Life) and defenses to policyholders. We also provide legal advice and representation to local and foreign reinsurance brokers. PSTBN is updating its insurance department on a daily basis, providing legal services in insurance legislation and regulation, representation in judicial and administrative proceedings, contracts and negotiations.

We advise clients on insurance industry transactions and regulatory matters. The lawyers in the area have an active practice in matters of (i) obtaining authorizations to operate, matters arising from different risks, life branch coverage and private equity investments in the insurance industry, mergers and acquisitions of insurance companies; and (ii) regulatory matters of a global, controversial, novel and technological nature.  PSTBN advises on the development and adjustment of insurance products; discussions with authorities on regulatory matters; participation in assessments related to claims and claims settlement, as well as other matters related to (re)insurance brokerage; conduct of amicable negotiations and judicial disputes. The insurance area is assisted by other lawyers of the firm specialized in areas such as construction/infrastructure, financial law, maritime and river law, environmental, consumer defense, tax, aviation, agribusiness, real estate and others.

‘The insurance and reinsurance team at Peroni Sosa Tellechea Burt & Narvaja is very agile and efficient. They do an exemplary follow-up of the issues we work on and are always available to answer our queries and those of the reinsurance clients with whom we work.’ – Legal 500

‘The Peroni & Asociados work team is excellent, its professionals are always updated, training, introducing the use of cutting-edge technological tools, from the company’s legal area. We are satisfied with their services.’ – Legal 500

‘I consider, as most outstanding, the profile of its professionals, both in the public and private spheres, they have ethical, aesthetic values, they are measured, they do not have political interference, this is appreciated as a plus.’ – Legal 500