Regulatory Alerts2019-12-03
Notice on Filing Annual Returns and Documents for Quebec Life and Health Insurers – Fiscal Year Ending December 31, 2019
The Autorité des marchés financiers requires authorized life and health insurers operating in Quebec to electronically file designated annual returns, audited financial statements, actuarial reports, and compliance attestations via AMF E-Services for the fiscal year ending December 31, 2019. The notice specifies required file formats, standard submission deadlines of sixty days following the fiscal year end, and distinct requirements for Quebec, Canadian, and foreign charters. Insurers face monetary administrative penalties under the Insurers Act for failing to submit complete and timely filings, with signed original documents required to be retained at their premises for potential examination.
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