Regulatory Alerts2023-04-01
Notice Relating to the Filing of Interim Returns and Other Documents for Six Months Ending April 30, 2023 – Damage (P&C) Insurers Authorized in Québec
The Autorité des marchés financiers (AMF) requires all authorized Québec property and casualty insurers to electronically file signed interim returns, compliance attestations, and supporting documents via AMF E-Services. Submissions must be completed within 45 days following the April 30, 2023 semester end, with complete signed originals retained at the insurer’s premises for potential examination. Failure to submit complete and timely filings or provide access to required documents may result in monetary administrative penalties under the Insurers Act.
[Translation] Notice relating to the filing of the interim return and other documents for the six months ending April 30, 2023 – Damage («P&C») insurers authorized to carry on activities in Québec Under the Insurers Act, CQLR, c. A-32.1 (the «Act»), every authorized insurer must prepare and send the Autorité des marchés financiers (the «AMF») according to the form, content and date the AMF determines, the documents and information provided under the Act or requested by the AMF (the «required documents and information»). All required documents and information must be filed electronically via AMF E-Services. See Appendices attached to this Notice detailing specific requirements for the documents and information to be filed for the six months ending April 30, 2023. A complete set of the signed documents must be kept at the insurer’s premises so that they are available for examination by the AMF, if necessary. Monetary administrative penalties We remind you that each insurer is responsible for ensuring that the AMF receives on the dates it determines all required documents and information. Pursuant to sections 491 and following of the Act, monetary administrative penalties may be imposed if an authorized insurer fails to send the required documents and information to the AMF or if they are incomplete or filed late or if it refuses to communicate or provide access to the documents. Electronic submission of financial returns and other documents The E-Services Disclosure Guide (Insurers) explains the procedure for submitting files via AMF E-Services and provides instructions for, among other things, naming files. The guide is available on the AMF website at: https://lautorite.qc.ca/en/professionals/insurers/disclosures/pc-insurance/ Please note that the E-Services Disclosure Guide (Insurers) does not list all the required documents and information or the dates by which they are to be filed. Further information: For further information, send an e-mail to Info-divulgations@lautorite.qc.ca. April 20, 2023
DAMAGE INSURERS AND REINSURERS AUTHORIZED TO CARRY ON ACTIVITIES IN QUÉBEC DOCUMENTS REQUIRED FOR THE SIX MONTHS ENDING APRIL 30, 2023 APPENDIX 1 Return Code File Format Deadline Number of days following the end of the semester
- P&C Interim Return, duly signed. The PDF file must be complete, in printable format, and conform with the version kept on file at the insurer's premises.
- P&C Interim Return.
- Excel 45 days
- Attestation of Compliance of Versions - Interim Return, duly signed. https://lautorite.qc.ca/en/professionals/insurers/disclosures/pc-insurance/ (under Forms and instructions) 45 days Business Corporation, Mutual company member of a federation and Mutual company
- PDF 45 days QUÉBEC CHARTER 110 PDF
DAMAGE INSURERS AND REINSURERS AUTHORIZED TO CARRY ON ACTIVITIES IN QUÉBEC DOCUMENTS REQUIRED FOR THE SIX MONTHS ENDING APRIL 30, 2023 APPENDIX 2 Return Code File Format Deadline Number of days following the end of the semester
- P&C Interim Return, duly signed. The PDF file must be complete, in printable format, and conform with the version kept on file at the insurer's premises.
- P&C Interim Return.
- Excel 45 days
- Attestation of Compliance of Versions - Interim Return, duly signed. https://lautorite.qc.ca/en/professionals/insurers/disclosures/pc-insurance/ (under Forms and instructions) 110 PDF 45 days
- PDF 45 days CANADIAN CHARTER Business Corporation and Mutual company