The Change in VAT Crediting and Its Implications for the Insurance Business Model

During the interview, Jacinto Ávalos explained that the change in the VAT treatment for the insurance sector raises significant challenges in terms of legal certainty. In this context, he emphasised that the industry faces the challenge of adapting to an evolving regulatory environment, which could accelerate innovation and operational restructuring processes in order to maintain efficiency and competitiveness.

Watch the full interview here.