Regulatory Alerts2019-10-29
Notice on Filing Annual Returns and Documents for Quebec Damage (P&C) Insurers – Fiscal Year Ending October 31, 2019
The Autorité des marchés financiers requires all damage (P&C) insurers authorized in Quebec to electronically file their annual returns and supporting documents for the fiscal year ending October 31, 2019. Most submissions are due within sixty days of the fiscal year end, with specific forms like audited financial statements, Minimum Capital Test reports, and business plans following designated deadlines. Failure to submit complete or timely filings may result in monetary administrative penalties, and insurers must retain signed copies at their premises for AMF examination.
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