LogoRegulatory Alerts
2015-01-20

Notice on Filing Annual Returns and Documents for Insurers Licensed in Quebec – Fiscal Year Ending December 31, 2014

The Autorité des marchés financiers mandates that Quebec-licensed insurers, reinsurers, and foreign life companies electronically file annual returns and supporting documents via the File Transfer Service for the fiscal year ending December 31, 2014. The notice details updated filing forms, including a revised LIFE Annual Return requiring a two-director sworn affidavit and specific actuary reports on policy liabilities and capital adequacy. Insurers must retain signed paper copies at their premises and face administrative monetary sanctions under section 405.1 of the Act for late or non-compliant submissions.

Autorite des marches financiers Quebec logo

Canada

Autorite des marches financiers Quebec

Click to view thumbnail

Notice of the Authority relating to filing of annual returns and other documents for the fiscal year ending December 31, 2014 – Insurers of persons licensed in Quebec Under An Act respecting insurance, CQLR, c. A-32, (the “Act”), every insurer is required to file with the Autorité des marchés financiers (the “AMF” or the "Authority"), in such form as the AMF may determine and within the prescribed time period, the documents and information required under the Act or requested by the AMF pursuant to specific provisions of the Act (the “required or requested documents and information”). All required or requested documents and information must be filed electronically via the AMF website using the File Transfer Service (“FTS”)1 . See the Appendices attached to this Notice concerning specific AMF requirements for the filing of documents for the fiscal year ending December 31, 2014. Please note that following the update of the LIFE Annual Return form, the Affidavit verifying annual return has changed. This certificate must be certified under oath by two directors. The Attestation of Compliance of Versions has also been revised after this modification. A complete set of « paper » copies of the signed documents must be kept at the insurer’s premises so that they are available for examination by the AMF, if necessary. Administrative monetary sanctions We remind you that each insurer is responsible for ensuring that the AMF receives, within the prescribed time periods, all required or requested documents and information in all forms as required. Under section 405.1 of the Act, the AMF may impose an administrative sanction where any of the documents referred to in the Appendix are filed late or are not filed. The Notice of the Autorité des marchés financiers related to administrative monetary sanctions imposed for late filing of information or documents (sections 405.1 and following of the Act ) 2 (the “sanctions framework”) is posted on the AMF website at: http://www.lautorite.qc.ca/en/right-practice-pers-pro.html.

1 Decision no. 2012-PDG-0106 (in French only) dated June 5, 2012 and published in the AMF Bulletin of June 7, 2012, vol. 9, no. 23, section 5.6. 2 Update published in the AMF Bulletin (in French only) dated June 7, 2012, vol. 9, no. 23, section 5.1.

Electronic submission of financial returns and other documents The File Transfer Service (FTS) User Guide explains the procedure for submitting data via the AMF website. To consult this guide, access the FTS and click on Help. The Guide – Specific File Transfer Service (FTS) Requirements (the “guide of specific requirements”) contains instructions from the Direction principale de la surveillance des assureurs et du contrôle du droit d’exercice (Direction, Supervision of insurers and Control of Right to Practise), such as the appropriate file naming convention. Please note that the guide of specific requirements does not list the required or requested documents and information and the dates by which they are to be filed. An updated version of the guide of specific requirements is available on the AMF website at: http://www.lautorite.qc.ca/en/financial-returns-pers-pro.html Further information Further information is available by sending an e-mail to info-divulgations@lautorite.qc.ca. December 4, 2014

DOCUMENTS TO BE FILED BY INSURERS OF PERSONS LICENSED IN QUEBEC FOR FISCAL YEAR ENDING DECEMBER 31, 2014 APPENDIX 1

  1. LIFE Annual Return. Hyperlink to instructions and updated form: http://www.lautorite.qc.ca/en/financial-returns-pers-pro.html
  2. LIFE Annual Return, duly signed. The pdf file must be complete, in printable format, and conform with the "paper" version kept on file at the insurer's premises. It must include, among others, the following documents:
  • Duly signed Certification by director's (page 10.000)
  • Duly signed Affidavit verifying Annual Return (page 10.005)
  • Annual corporate information (pages 10.010 à 10.014)
  • Corporate organization chart (page 10.040)
  • Statement of cash flows (page 20.050)
  • Notes to the financial statements (page 20.060)
  • Duly signed independent auditor's report to AMF covering pages 20.010 through 20.060 and 60.010 (page 20.070)
  • Duly signed appointed actuary's Certificate (page 20.085)
  1. Attestation of Compliance of Versions (LIFE), duly signed. http://www.lautorite.qc.ca/en/financial-returns-pers-pro.html
  2. Classes of insurance, duly signed. (Regulation under the Act respecting insurance) (New) 120 pdf February 28, 2015 (New)
  3. Audited financial statements presented to shareholders or members, duly signed. ("Official" version) 200 Searchable pdf file February 28, 2015
  4. Annual report prepared for shareholders or members as soon as possible. (if applicable). 200 pdf
  5. Financial statements of the insurer, and subsidiaries, affiliates and joint ventures in which the insurer has an ownership interest. (if applicable) 300 pdf February 28, 2015
  6. Appointed actuary’s report on policy liabilities, including certificate, duly signed. 400 Searchable pdf file February 28, 2015
  7. Excel file containing certain data in appointed actuary’s report on policy liabilities. http://www.lautorite.qc.ca/en/actuary-guide-pro.html
  8. Peer review - Appointed actuary's report. (if applicable) 440 pdf Note 1
  9. Actuary's review of the method of allocating income and expenses to participating and non-participating business. (section 298.17 of the Act) (if applicable) 450 pdf February 28, 2015
  10. Dynamic Capital Adequacy Testing - DCAT, duly signed. (30 days after transmission to the Board of Directors/Audit Committee or see due date) (The updated instructions will be available on the AMF website at the latest March, 2015)
  11. Excel File containing certain DCAT data. (The Excel file will be available on the AMF website at the latest March, 2015) http://www.lautorite.qc.ca/en/actuary-guide-pro.html
  12. Peer review - DCAT (if applicable). 520 pdf Note 1
  13. QFP disclosure Form on Capital Adequacy Requirements guideline - Life and Health Insurance. Hyperlink to instructions and updated form: http://www.lautorite.qc.ca/en/capital-adequacy-requirements-pro.html
  14. QFP disclosure Form on Capital Adequacy Requirements guideline - Life and Health Insurance, duly signed. The pdf file must be complete, in printable format, and conform with the "paper" version kept on file at the insurer's premises. It must include the independent auditor's report. Hyperlink to instructions and updated form: http://www.lautorite.qc.ca/en/capital-adequacy-requirements-pro.html
  15. Attestation of Compliance of Versions (QFP), duly signed. (The Attestation must be dated and signed further to the issue of the auditor's report.) http://www.lautorite.qc.ca/en/financial-returns-pers-pro.html
  16. Appointed actuary’s report on Capital Adequacy Requirements Guideline, duly signed. 720 pdf February 28, 2015
  17. Peer review - QFP. (if applicable) 735 pdf Note 1
  18. Ethics committee report, duly signed. 760 pdf February 28, 2015 Excel ASCII (.qfp) February 28, 2015 QUEBEC
  • pdf March 31, 2015 710 pdf March 31, 2015 Note 1 : 30 days after transmission to the Audit Committee. Unstructured Return Code File Format Due date 420 Excel February 28, 2015

Excel ASCII (.10a) February 28, 2015 110 pdf February 28, 2015

  • pdf February 28, 2015 Searchable pdf file 510 Excel December 31, 2015 December 31, 2015 500

DOCUMENTS TO BE FILED BY INSURERS OF PERSONS LICENSED IN QUEBEC FOR FISCAL YEAR ENDING DECEMBER 31, 2014 APPENDIX 1

  1. LIFE Annual Return. Hyperlink to instructions and updated form: http://www.lautorite.qc.ca/en/financial-returns-pers-pro.html
  2. LIFE Annual Return, duly signed. The pdf file must be complete, in printable format, and conform with the "paper" version kept on file at the insurer's premises. It must include, among others, the following documents:
  • Duly signed Certification by director's (page 10.000)
  • Duly signed Affidavit verifying Annual Return (page 10.005)
  • Annual corporate information (pages 10.010 à 10.014)
  • Corporate organization chart (page 10.040)
  • Statement of cash flows (page 20.050)
  • Notes to the financial statements (page 20.060)
  • Duly signed independent auditor's report to primary regulator covering pages 20.010 20.060 and 60.010 (page 20.070)
  • Duly signed appointed actuary's Certificate of Opinion (page 20.080)
  1. Attestation of Compliance of Versions (LIFE), duly signed. http://www.lautorite.qc.ca/en/financial-returns-pers-pro.html
  2. Classes of insurance, duly signed. (Regulation under the Act respecting insurance) (New) 120 pdf February 28, 2015 (New)
  3. Audited financial statements presented to shareholders or members, duly signed. ("Official" version). 200 Searchable pdf file February 28, 2015
  4. Annual report prepared for shareholders or members as soon as possible. (if applicable) 200 pdf
  5. Appointed actuary’s report on policy liabilities, including certificate, duly signed. 400 Searchable pdf file February 28, 2015
  6. Excel file containing certain data in appointed actuary’s report on policy liabilities. 420 Excel February 28, 2015
  7. Peer review - Appointed actuary's report. 440 pdf Note 1
  8. Dynamic Capital Adequacy Testing - DCAT, duly signed. (30 days after transmission to the Board of Directors/Audit Committee or see due date) 500 Searchable pdf file December 31, 2015
  9. Excel File containing certain DCAT data. (The Excel file that must be used will be available on the AMF website at the latest March, 2015) http://www.lautorite.qc.ca/en/actuary-guide-pro.html
  10. Peer review - DCAT. 520 pdf Note 1
  11. OSFI 87, Minimum Continuing Capital and Surplus Requirements - Canadian Life Insurance Companies and Fraternal Benefit Societies (MCCSR). Hyperlink to instructions and updated form: http://www.osfi-bsif.gc.ca/Eng/fi-if/rtn-rlv/fr-rf/ic-sa/lic-sav/Pages/87.aspx
  12. OSFI 87, Minimum Continuing Capital and Surplus Requirements - Canadian Life Insurance Companies and Fraternal Benefit Societies (MCCSR), duly signed. The pdf file must be complete, in printable format, and conform with the "paper" version kept on file at the insurer's premises. It must include the independent auditor's report. Note: Fraternal Benefit Societies must also file a pdf document, according to the above instructions, but need not include the auditor's report.
  13. Attestation of Compliance of Versions (OSFI-87), duly signed. (The Attestation must be dated and signed further to the issue of the auditor's report) http://www.lautorite.qc.ca/en/financial-returns-pers-pro.html
  14. Appointed actuary's report on the certification of Regulatory Capital Filing. 720 pdf February 28, 2015
  15. Peer Review - MCCSR. 735 pdf Note 1 710 pdf March 31, 2015

Excel ASCII (.10a) February 28, 2015 510 Excel pdf February 28, 2015

Excel ASCII (.mcc) February 28, 2015

  • pdf February 28, 2015 FEDERAL AND EXTRA-PROVINCIAL Unstructured Return Code File Format Due date (Including Fraternel Benefit Societies)
  • pdf December 31, 2015 Note 1 : 30 days after transmission to the Audit Committee. March 31, 2015 110

DOCUMENTS TO BE FILED BY INSURERS OF PERSONS LICENSED IN QUEBEC FOR FISCAL YEAR ENDING DECEMBER 31, 2014 APPENDIX 1

  1. LIFE Annual Return, duly signed. The Excel file must contain the duly signed certification by the chief agent in Canada (page 10.002) and the notes to the financial statements, draft version. Hyperlink to instructions and updated form: http://www.lautorite.qc.ca/en/financial-returns-pers-pro.html
  2. LIFE Annual Return, duly signed. The pdf file must be complete, in printable format, and conform with the "paper" version kept on file at the insurer's premises. It must include, among others, the following documents:
  • Duly signed Certification by the chief agent in Canada (page 10.002)
  • Duly signed Certification by the President/Chief executive officer (page 10.004)
  • Annual corporate information (pages 10.010 à 10.012)
  • Corporate organization chart (page 10.040)
  • Statement of cash flows (page 20.050)
  • Notes to the financial statements (page 20.060)
  • Duly signed independent auditor's report to primary regulator covering pages 20.010 20.060 and 60.010 (page 20.070)
  • Duly signed appointed actuary's Certificate of Opinion (page 20.080)
  1. Attestation of Compliance of Versions (LIFE), duly signed. (The Attestation must be dated and signed further to the issue of the auditor's report.) http://www.lautorite.qc.ca/en/financial-returns-pers-pro.html
  2. Classes of insurance, duly signed. (Regulation under the Act respecting insurance) (New) 120 pdf May 31, 2015 (New)
  3. Audited Statutory Financial Statements of the insurer incorporated abroad and operating via a branch in Canada, duly signed. ("Official" version) (Worldwide). 200 pdf May 31, 2015
  4. Annual report prepared for shareholders or members as soon as possible. (if applicable) 200 pdf
  5. Appointed actuary’s report on policy liabilities, including certificate, duly signed. 400 Searchable pdf file February 28, 2015
  6. Excel file containing certain data in appointed actuary’s report on policy liabilities. 420 Excel February 28, 2015
  7. Peer review - Appointed actuary's report. 440 pdf Note 1
  8. Dynamic Capital Adequacy Testing - DCAT, duly signed. (30 days after transmission to the Board of Directors/Audit Committe or see due date) 500 Searchable pdf file December 31, 2015
  9. Excel File containing certain DCAT data. (The Excel file that must be used will be available on the AMF website at the latest March, 2015) http://www.lautorite.qc.ca/en/actuary-guide-pro.html
  10. Peer review - DCAT. 520 pdf Note 1
  11. OSFI 86, Test of Adequacy of Assets in Canada and Margin Requirements (TAAM) Foreign Life Insurance Companies and Fraternal Benefit Societies. Hyperlink to instructions and updated form: http://www.osfi-bsif.gc.ca/Eng/fi-if/rtn-rlv/fr-rf/ic-sa/lic-sav/Pages/86.aspx
  12. OSFI 86, Test of Adequacy of Assets in Canada and Margin Requirements (TAAM) Foreign Life Insurance Companies and Fraternal Benefit Societies, duly signed. The pdf file must be complete, in printable format, and conform with the "paper" version kept on file at the insurer's premises. It must include the independent auditor's report. Note: Fraternal Benefit Societies must also file a pdf document, according to the above instructions, but need not include the auditor's report.
  13. Attestation of Compliance of Versions (OSFI-86), duly signed. (The Attestation must be dated and signed further to the issue of the auditor's report.) http://www.lautorite.qc.ca/en/financial-returns-pers-pro.html
  14. Appointed actuary's report on the certification of Regulatory Capital Filing. 720 pdf February 28, 2015
  15. Peer Review - TAAM. 735 pdf Note 1 (Including Fraternel Benefit Societies) February 28, 2015
  • pdf Excel ASCII (.taa) February 28, 2015 110 pdf

Excel May 31, 2015 December 31, 2015

Excel ASCII (.20a) Unstructured Return Code

  • pdf Note 1 : 30 days after transmission to the Audit Committee or the Chief Representative in Canada. FOREIGN 710 pdf May 31, 2015 File Format Due date May 31, 2015 May 31, 2015 510

DOCUMENTS TO BE FILED BY INSURERS OF PERSONS LICENSED IN QUEBEC FOR FISCAL YEAR ENDING DECEMBER 31, 2014 APPENDIX 1

  1. S-20 Annual Return, duly signed. The pdf file must be complete, in printable format, and conform with the "paper" version kept on file at the insurer's premises. It must include, among others, the following documents: Duly signed Certification by director's (page 10)
  • Duly signed independent auditor's report to AMF (page 6)
  • Duly signed appointed actuary's report (page 9)
  1. S-20 Annual Return. Hyperlink to instructions and updated form: http://www.lautorite.qc.ca/en/financial-returns-pers-pro.html
  2. Attestation of Compliance of Versions (S-20), duly signed. http://www.lautorite.qc.ca/en/financial-returns-pers-pro.html
  3. Annual report or Audited financial statements presented to members, duly signed. ("Official" version) 200 pdf February 28, 2015
  4. Appointed actuary’s report on policy liabilities, including certificate, duly signed. 400 Searchable pdf file February 28, 2015
  5. Amended or new reinsurance agreements. 580 pdf February 28, 2015
  • pdf 110 pdf Excel February 28, 2015 QUEBEC FUNERAL INSURANCE COMPANIES February 28, 2015 File Format Due date

February 28, 2015 Unstructured Return Code

DOCUMENTS TO BE FILED BY REINSURERS OF PERSONS LICENSED IN QUEBEC FOR FISCAL YEAR ENDING DECEMBER 31, 2014 APPENDIX 2

  1. LIFE Annual Return. Hyperlink to instructions and updated form: http://www.lautorite.qc.ca/en/financial-returns-pers-pro.html
  2. LIFE Annual Return, duly signed. The pdf file must be complete, in printable format, and conform with the "paper" version kept on file at the insurer's premises. It must include, among others, the following documents:
  • Duly signed Certification by director's (page 10,000)
  • Duly signed Affidavit verifying Annual Return (page 10.005)
  • Annual corporate information (pages 10,010 à 10,014)
  • Corporate organization chart (page 10,040)
  • Statement of cash flows (page 20,050)
  • Notes to the financial statements (page 20,060)
  • Duly signed independent auditor's report to AMF covering pages 20.010 through 20.060 and 60.010 (page 20.070)
  • Duly signed appointed actuary's Certificate (page 20,085)
  1. Attestation of Compliance of Versions (LIFE), duly signed. http://www.lautorite.qc.ca/en/financial-returns-pers-pro.html
  2. Classes of insurance, duly signed. (Regulation under the Act respecting insurance) (New) 120 pdf March 14, 2015 (New)
  3. Audited financial statements presented to shareholders or members, duly signed. ("Official" version) 200 Searchable pdf file March 14, 2015
  4. Annual report prepared for shareholders or members as soon as possible. (if applicable) 200 pdf
  5. Financial statements of the insurer, and subsidiaries, affiliates and joint ventures in which the insurer has an ownership interest. (if applicable) 300 pdf March 14, 2015
  6. Appointed actuary’s report on policy liabilities, including certificate, duly signed. 400 Searchable pdf file March 14, 2015
  7. Excel file containing certain data in appointed actuary’s report on policy liabilities. http://www.lautorite.qc.ca/en/actuary-guide-pro.html
  8. Peer review - Appointed actuary's report. (if applicable) 440 pdf Note 1
  9. Actuary's review of the method of allocating income and expenses to participating and non-participating business. (section 298.17 of the Act) (if applicable) 450 pdf March 14, 2015
  10. Dynamic Capital Adequacy Testing - DCAT, duly signed. (30 days after transmission to the Board of Directors/Audit Committee or see due date) (The updated instructions will be available on the AMF website at the latest March, 2015)
  11. Excel File containing certain DCAT data. (The Excel file will be available on the AMF website at the latest March, 2015) http://www.lautorite.qc.ca/en/actuary-guide-pro.html
  12. Peer review - DCAT. (if applicable) 520 pdf Note 1
  13. QFP disclosure Form on Capital Adequacy Requirements guideline - Life and Health Insurance. Hyperlink to instructions and updated form: http://www.lautorite.qc.ca/en/capital-adequacy-requirements-pro.html
  14. QFP disclosure Form on Capital Adequacy Requirements guideline - Life and Health Insurance, duly signed. The pdf file must be complete, in printable format, and conform with the "paper" version kept on file at the insurer's premises. It must include the independent auditor's report. Hyperlink to instructions and updated form: http://www.lautorite.qc.ca/en/capital-adequacy-requirements-pro.html
  15. Attestation of Compliance of Versions (QFP), duly signed. (The Attestation must be dated and signed further to the issue of the auditor's report.) http://www.lautorite.qc.ca/en/financial-returns-pers-pro.html Appointed actuary’s report on Capital Adequacy Requirements Guideline, duly signed. 720 pdf March 14, 2015
  16. Peer review - QFP. (if applicable) 735 pdf Note 1
  17. Ethics committee report, duly signed. 760 pdf February 28, 2015 (New) March 14, 2015 March 14, 2015 March 31, 2015 December 31, 2015 Note 1 : 30 days after transmission to the Audit Committee. December 31, 2015 Excel ASCII (.qfp) March 14, 2015 710 pdf March 31, 2015
  • pdf Due date

Excel ASCII (.10a) March 14, 2015

  • pdf March 14, 2015 File Format 510 Excel 500 Searchable pdf file QUEBEC Unstructured Return Code 110 pdf 420 Excel

DOCUMENTS TO BE FILED BY REINSURERS OF PERSONS LICENSED IN QUEBEC FOR FISCAL YEAR ENDING DECEMBER 31, 2014 APPENDIX 2

  1. LIFE Annual Return. Hyperlink to instructions and updated form: http://www.lautorite.qc.ca/en/financial-returns-pers-pro.html
  2. LIFE Annual Return, duly signed. The pdf file must be complete, in printable format, and conform with the "paper" version kept on file at the insurer's premises. It must include, among others, the following documents:
  • Duly signed Certification by director's (page 10.000)
  • Duly signed Affidavit verifying Annual Return (page 10.005)
  • Annual corporate information (pages 10.010 à 10.014)
  • Corporate organization chart (page 10.040)
  • Statement of cash flows (page 20.050)
  • Notes to the financial statements (page 20.060)
  • Duly signed independent auditor's report to primary regulator covering pages 20.010 20.060 and 60.010 (page 20.070)
  • Duly signed appointed actuary's Certificate of Opinion (page 20.080)
  1. Attestation of Compliance of Versions (LIFE), duly signed. http://www.lautorite.qc.ca/en/financial-returns-pers-pro.html
  2. Classes of insurance, duly signed. (Regulation under the Act respecting insurance) (New) 120 pdf March 14, 2015 (New)
  3. Audited financial statements presented to shareholders or members, duly signed. ("Official" version) 200 Searchable pdf file March 14, 2015
  4. Annual report prepared for shareholders or members as soon as possible. (if applicable) 200 pdf
  5. Appointed actuary’s report on policy liabilities, including certificate, duly signed. 400 Searchable pdf file March 14, 2015
  6. Excel file containing certain data in appointed actuary’s report on policy liabilities. 420 Excel March 14, 2015
  7. Peer review - Appointed actuary's report. 440 pdf Note 1
  8. Dynamic Capital Adequacy Testing - DCAT, duly signed. (30 days after transmission to the Board of Directors/Audit Committee or see due date) 500 Searchable pdf file December 31, 2015
  9. Excel File containing certain DCAT data. (The Excel file that must be used will be available on the AMF website at the latest March, 2015) http://www.lautorite.qc.ca/en/actuary-guide-pro.html
  10. Peer review - DCAT. 520 pdf Note 1
  11. OSFI 87, Minimum Continuing Capital and Surplus Requirements - Canadian Life Insurance Companies and Fraternal Benefit Societies (MCCSR). Hyperlink to instructions and updated form: http://www.osfi-bsif.gc.ca/Eng/fi-if/rtn-rlv/fr-rf/ic-sa/lic-sav/Pages/87.aspx
  12. OSFI 87, Minimum Continuing Capital and Surplus Requirements - Canadian Life Insurance Companies and Fraternal Benefit Societies (MCCSR), duly signed. The pdf file must be complete, in printable format, and conform with the "paper" version kept on file at the insurer's premises. It must include the independent auditor's report. Note: Fraternal Benefit Societies must also file a pdf document, according to the above instructions, but need not include the auditor's report.
  13. Attestation of Compliance of Versions (OSFI-87), duly signed. (The Attestation must be dated and signed further to the issue of the auditor's report) http://www.lautorite.qc.ca/en/financial-returns-pers-pro.html
  14. Appointed actuary's report on the certification of Regulatory Capital Filing. 720 pdf March 14, 2015
  15. Peer Review - MCCSR. 735 pdf Note 1 March 14, 2015 March 14, 2015 December 31, 2015 March 14, 2015 FEDERAL AND EXTRA-PROVINCIAL Unstructured Return Code File Format Due date (Including Fraternel Benefit Societies) 710 pdf March 31, 2015 Note 1 : 30 days after transmission to the Audit Committee.

Excel ASCII (.mcc) March 14, 2015

  • pdf March 31, 2015 110 pdf 510 Excel

Excel ASCII (.10a)

  • pdf

DOCUMENTS TO BE FILED BY REINSURERS OF PERSONS LICENSED IN QUEBEC FOR FISCAL YEAR ENDING DECEMBER 31, 2014 APPENDIX 2

  1. LIFE Annual Return, duly signed. The Excel file must contain the duly signed certification by the chief agent in Canada (page 10.002) and the notes to the financial statements, draft version. Hyperlink to instructions and updated form: http://www.lautorite.qc.ca/en/financial-returns-pers-pro.html
  2. LIFE Annual Return, duly signed. The pdf file must be complete, in printable format, and conform with the "paper" version kept on file at the insurer's premises. It must include, among others, the following documents:
  • Duly signed Certification by the chief agent in Canada (page 10.002)
  • Duly signed Certification by the President/Chief executive officer (page 10.004)
  • Annual corporate information (pages 10.010 à 10.012)
  • Corporate organization chart (page 10.040)
  • Statement of cash flows (page 20.050)
  • Notes to the financial statements (page 20.060)
  • Duly signed independent auditor's report to primary regulator covering pages 20.010 20.060 and 60.010 (page 20.070)
  • Duly signed appointed actuary's Certificate of Opinion (page 20.080)
  1. Attestation of Compliance of Versions (LIFE), duly signed. (The Attestation must be dated and signed further to the issue of the auditor's report.) http://www.lautorite.qc.ca/en/financial-returns-pers-pro.html
  2. Classes of insurance, duly signed. (Regulation under the Act respecting insurance) (New) 120 pdf May 31, 2015 (New)
  3. Audited Statutory Financial Statements of the insurer incorporated abroad and operating via a branch in Canada, duly signed. ("Official" version) (Worldwide) 200 pdf May 31, 2015
  4. Annual report prepared for shareholders or members as soon as possible. (if applicable) 200 pdf
  5. Appointed actuary’s report on policy liabilities, including certificate, duly signed. 400 Searchable pdf file March 14, 2015
  6. Excel file containing certain data in appointed actuary’s report on policy liabilities. 420 Excel March 14, 2015
  7. Peer review - Appointed actuary's report. 440 pdf Note 1
  8. Dynamic Capital Adequacy Testing - DCAT, duly signed. (30 days after transmission to the Board of Directors/Audit Committee or see due date) 500 Searchable pdf file December 31, 2015
  9. Excel File containing certain DCAT data. (The Excel file that must be used will be available on the AMF website at the latest March, 2015) http://www.lautorite.qc.ca/en/actuary-guide-pro.html
  10. Peer review - DCAT. 520 pdf Note 1
  11. OSFI 86, Test of Adequacy of Assets in Canada and Margin Requirements (TAAM) Foreign Life Insurance Companies and Fraternal Benefit Societies. Hyperlink to instructions and updated form: http://www.osfi-bsif.gc.ca/Eng/fi-if/rtn-rlv/fr-rf/ic-sa/lic-sav/Pages/86.aspx
  12. OSFI 86, Test of Adequacy of Assets in Canada and Margin Requirements (TAAM) Foreign Life Insurance Companies and Fraternal Benefit Societies, duly signed. The pdf file must be complete, in printable format, and conform with the "paper" version kept on file at the insurer's premises. It must include the independent auditor's report. Note: Fraternal Benefit Societies must also file a pdf document, according to the above instructions, but need not include the auditor's report.
  13. Attestation of Compliance of Versions (OSFI-86), duly signed. (The Attestation must be dated and signed further to the issue of the auditor's report.) http://www.lautorite.qc.ca/en/financial-returns-pers-pro.html
  14. Appointed actuary's report on the certification of Regulatory Capital Filing. 720 pdf March 14, 2015
  15. Peer Review - TAAM. 735 pdf Note 1 710 pdf May 31, 2015 Note 1 : 30 days after transmission to the Audit Committee or the Chief Representative in Canada.

Excel ASCII (.taa) March 14, 2015

  • pdf May 31, 2015 110 pdf May 31, 2015 510 Excel December 31, 2015

Excel ASCII (.20a) March 14, 2015

  • pdf May 31, 2015 FOREIGN Unstructured Return Code File Format Due date (Including Fraternel Benefit Societies)
Share