Regulatory Alerts2018-12-12
Notice of the Authority Relating to Filing Requirements for Damage (P&C) Insurers in Quebec for Fiscal Year Ending December 31, 2018
The Autorité des marchés financiers requires Quebec-licensed damage (P&C) insurers to electronically file specified annual returns, financial statements, and actuarial reports for the fiscal year ending December 31, 2018. Submissions must adhere to designated file formats and strict deadlines ranging from late February to May 31, 2019, with complete signed copies retained at the insurer’s premises. Failure to submit these documents on time or in the correct format may result in administrative monetary sanctions under section 405.1 of the Act respecting insurance.
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