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2021-04-15

Notice on Filing Interim Returns and Documents for Life and Health Insurers in Quebec for the Six Months Ending April 30, 2021

The Autorité des marchés financiers requires authorized life and health insurers in Quebec to electronically file signed interim returns, capital adequacy reports, and compliance attestations for the six months ending April 30, 2021. Submissions must be completed via AMF E-Services within forty-five days of the reporting period, with complete signed copies retained at the insurer’s premises for potential examination. Failure to submit accurate and timely filings may result in monetary administrative penalties under the Insurers Act.

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[Translation] Notice relating to the filing of the interim return and other documents for the six months ending April 30, 2021 – Insurers of persons («life and health insurers») authorized to carry on activities in Quebec 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 to be filed for the six months ending April 30, 2021. 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/insurance-of-persons-life-and-health/ Please note that the E-Services - Disclosure Guide (Insurers) does not list the required documents and information and 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 22, 2021

INSURERS AND REINSURERS OF PERSONS AUTHORIZED TO CARRY ON ACTIVITIES IN QUEBEC DOCUMENTS REQUIRED FOR THE SIX MONTHS ENDING APRIL 30, 2021 APPENDIX 1

  1. LIFE 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.
  2. LIFE Interim Return.
  • Excel 45 days
  1. Attestation of Compliance of Versions - Interim Return, duly signed. https://lautorite.qc.ca/en/professionals/insurers/disclosures/insurance-of-persons-life-and-health/ (Forms and instructions)
  2. Capital Adequacy Requirements - Life and Health Insurance (CARLI), duly signed. The PDF file must be complete, in printable format, and conform with the version kept on file at the insurer's premises.
  3. Capital Adequacy Requirements - Life and Health Insurance (CARLI)
  • Excel 45 days
  1. Attestation of Compliance of Versions (CARLI), duly signed. https://lautorite.qc.ca/en/professionals/insurers/disclosures/insurance-of-persons-life-and-health/ (Forms and instructions) Return Code File Format Deadline Number of days following the end of the semester Business corporation, Mutual Company, Mutual benefit association QUEBEC CHARTER
  • PDF 45 days 110 PDF 45 days
  • PDF 45 days 710 PDF 45 days

INSURERS AND REINSURERS OF PERSONS AUTHORIZED TO CARRY ON ACTIVITIES IN QUEBEC DOCUMENTS REQUIRED FOR THE SIX MONTHS ENDING APRIL 30, 2021 APPENDIX 2

  1. LIFE 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.
  2. LIFE Interim Return.
  • Excel 45 days
  1. Attestation of Compliance of Versions - Interim Return, duly signed. https://lautorite.qc.ca/en/professionals/insurers/disclosures/insurance-of-persons-life-and-health/ (Forms and instructions)
  2. Life Insurance Capital Adequacy Test (LICAT), duly signed. The PDF file must be complete, in printable format, and conform with the version kept on file at the insurer's premises.
  3. Life Insurance Capital Adequacy Test (LICAT)
  • Excel 45 days
  1. Attestation of Compliance of Versions (LICAT), duly signed. https://lautorite.qc.ca/en/professionals/insurers/disclosures/insurance-of-persons-life-and-health/ (Forms and instructions)
  • PDF 45 days 710 PDF 45 days
  • PDF 45 days 110 PDF 45 days Business corporation, Mutual Company, Mutual benefit association Return Code File Format Deadline Number of days following the end of the semester CANADIAN CHARTER
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