Regulatory Alerts2021-11-12
Notice Relating to Filing of Annual Return and Other Documents for Fiscal Year Ending December 31, 2021 – Damage (P&C) Insurers in Québec
The Autorité des marchés financiers requires all authorized damage and reinsurance insurers operating in Québec to electronically submit their annual returns, audited financial statements, and compliance attestations for the fiscal year ending December 31, 2021. Filers must utilize AMF E-Services to transmit designated Excel and PDF documents, with most submissions due within 60 days of the fiscal year end and specific capital test reports required by 90 days. Failure to deliver complete and timely filings exposes insurers to monetary administrative penalties under the Insurers Act, while signed originals must remain available at corporate premises for AMF examination.
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