Regulatory Alerts2016-12-13
Notice of the Autorité des marchés financiers on Filing Annual Returns for Quebec P&C Insurers 2016
The Autorité des marchés financiers requires Quebec-licensed property and casualty insurers to electronically file designated annual returns, financial statements, and actuarial reports for the fiscal year ending December 31, 2016. Submissions must utilize the File Transfer Service, adhere to specified file formats and deadlines ranging from February 28 to May 31, 2017, and be accompanied by complete paper copies retained at the insurer’s premises. Non-compliance or late filing triggers administrative monetary sanctions under section 405.1 of the Act respecting insurance.
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