Regulatory Alerts2024-12-01
Notice Relating to Filing of Annual Returns and Documents for Québec-authorized Damage (P&C) Insurers for Fiscal Year Ending December 31, 2024
The Autorité des marchés financiers (AMF) requires all Québec-authorized damage and reinsurance insurers to electronically file their annual returns, financial statements, capital adequacy tests, and actuarial reports for the fiscal year ending December 31, 2024. Most documents must be submitted within sixty days of the fiscal year end, while specific filings such as audited financial statements and certain peer reviews carry extended deadlines extending into 2025. Failure to submit complete and timely filings subjects insurers to monetary administrative penalties under the Insurers Act.
Share