Notice of the Authority Relating to Filing of Annual Return and Other Documents for Insurers of Persons for Fiscal Year Ending October 31, 2018

Notice of the Authority relating to filing of annual return and other documents for the fiscal year ending October 31, 2018 – Insurers of persons licensed in Quebec Under An Act respecting insurance, CQLR, c. A-32, (the “Act”), every insurer is required to file with the Autorité des marchés financiers (the “AMF” or the "Authority"), in such form as the AMF may determine and within the prescribed time period, the documents and information required under the Act or requested by the AMF pursuant to specific provisions of the Act (the “required or requested documents and information”). All required or requested documents and information must be filed electronically via the AMF E-Services. See the Appendices attached to this Notice concerning specific AMF requirements for the filing of documents for the fiscal year ending October 31, 2018. A complete set of copies of the signed documents must be kept at the insurer’s premises so that they are available for examination by the AMF, if necessary. Administrative monetary sanctions We remind you that each insurer is responsible for ensuring that the AMF receives, within the prescribed time periods, all required or requested documents and information in all forms as required. Under section 405.1 of the Act, the AMF may impose an administrative sanction where any of the documents referred to in the Appendices are filed late or are not filed. The Notice of the Autorité des marchés financiers related to administrative monetary sanctions imposed for late filing of information or documents (sections 405.1 and following of the Act) is posted on the AMF website at:
https://lautorite.qc.ca/en/professionals/insurers/ Electronic submission of financial returns and other documents The E-Services - Disclosure Guide (Insurers) explains the procedure for submitting financial returns and other documents via the AMF E-Services and gives instructions such as the appropriate file naming convention. To consult this guide, access 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 or requested documents and information and the dates by which they are to be filed. Further information :
Further information is available by sending an e-mail to Info-Divulgations@lautorite.qc.ca. October 25, 2018

APPENDIX
Unstructured
Return Code File Format Due date

1. LIFE Annual Return.

• Excel December 31, 2018

2. LIFE Annual 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.
3. Attestation of Compliance of Versions - Annual Return, duly signed.
   https://lautorite.qc.ca/en/professionals/insurers/disclosures/insurance-of-persons-life-and-health/ (Forms and instructions)
4. Business Plan for the year 2019. The Business Plan should include a forecast of the Balance Sheet
   and the Income Statement. 190 PDF December 31, 2018
5. Audited financial statements presented to shareholders or members, duly signed ("Official" version).
   200 Searchable
   PDF file December 31, 2018
6. Annual report prepared for shareholders or members (if applicable), as soon as possible.
   200 PDF
7. Non-consolidated financial statements of the insurer, subsidiaries, affiliates in which the insurer
   holds an interest. (if applicable) 300 PDF December 31, 2018
8. Appointed actuary’s report on policy liabilities, including certificate, duly signed.
   400 Searchable
   PDF file December 31, 2018
9. Excel file containing certain data in appointed actuary’s report on policy liabilities.
   (The file is available on the AMF website) https://lautorite.qc.ca/en/professionals/insurers/disclosures/insurance-of-persons-life-and-health/
10. Peer review - Appointed actuary's report. (if applicable)
    440 PDF Note 1
11. Actuary's review of the method of allocating income and expenses to participating and non￾participating business. (section 298.17 of the Act) (if applicable) 450 PDF December 31, 2018
12. Dynamic Capital Adequacy Testing - DCAT, duly signed.
    (The updated instructions will be available on the AMF website by March, 2019.) https://lautorite.qc.ca/en/professionals/insurers/disclosures/insurance-of-persons-life-and-health/
13. Excel File related to certain DCAT data.
    (The Excel file will be available on the AMF website at the latest March 2019.) https://lautorite.qc.ca/en/professionals/insurers/disclosures/insurance-of-persons-life-and-health/
14. Peer review - DCAT. (if applicable)
    520 PDF Note 1
15. Capital Adequacy Requirements - Life and Health Insurance (CARLI)

• Excel
  December 31, 2018
  Extension:
  January 7, 2019

16. 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. It must include the independent auditor's report.
17. Attestation of Compliance of Versions - CARLI, duly signed.
    (The Attestation must be dated and signed further to the issue of the auditor's report.) https://lautorite.qc.ca/en/professionals/insurers/disclosures/insurance-of-persons-life-and-health/ (Forms and instructions)
18. Appointed actuary's report on Capital Adequacy Requirements Guideline, duly signed.
    720 PDF December 31, 2018
19. Peer Review - CARLI. (if applicable)
    735 PDF Note 1
20. Ethics committee report, duly signed.
    760 PDF December 31, 2018

110 PDF December 31, 2018
INSURERS OF PERSONS
LICENSED IN QUEBEC
DOCUMENTS REQUIRED FOR FISCAL YEAR ENDING OCTOBER 31, 2018 QUEBEC

• PDF December 31, 2018
  420 Excel December 31, 2018
  510 Excel October 31, 2019
  500 Searchable
  PDF file October 31, 2019
  Note 1 : 30 days after transmission to the Audit Committee.
  An extension to the filing of the CARLI related documents has been allowed. Insurers are encouraged to submit these documents within the normal deadlines, if feasible, or as soon as possible after the normal due dates. Insurers opting to file these documents after normal due dates are required to submit the pro-forma capital ratios and their components (i.e. available capital/available margin, surplus allowance, eligible deposits and solvency buffer). For the submission of this information, you must use the appropriate disclosure schedule, available in the SEL, by selecting the box "Other documents".
• PDF January 31, 2019
  710 PDF January 31, 2019
  Lines were added on pages 20.030, 20.042, 35.010, 35.020, 70.030, 70.035 and 70.012 that only apply to Quebec provincially incorporated insurers who have adopted the overlay approach for the implementation of IFRS 9.

APPENDIX
Unstructured
Return Code File Format Due date

1. LIFE Annual Return.

• Excel December 31, 2018

2. LIFE Annual 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.
3. Attestation of Compliance of Versions - Annual Return, duly signed.
   https://lautorite.qc.ca/en/professionals/insurers/disclosures/insurance-of-persons-life-and-health/ (Forms and instructions)
4. Business Plan for the year 2019. The Business Plan should include a forecast of the Balance Sheet
   and the Income Statement. 190 PDF December 31, 2018
5. Audited financial statements presented to shareholders or members, duly signed ("Official" version).
   200 Searchable
   PDF file December 31, 2018
6. Annual report prepared for shareholders or members (if applicable), as soon as possible.
   200 PDF
7. Appointed actuary’s report on policy liabilities, including certificate, duly signed.
   400 Searchable
   PDF file December 31, 2018
8. Excel file (Non-Quebec charter) containing certain data in appointed actuary’s report on policy
   liabilities. (The file is available on the AMF website.) https://lautorite.qc.ca/en/professionals/insurers/disclosures/insurance-of-persons-life-and-health/
9. Excel file containing certain data in appointed actuary’s report on policy liabilities.
   (The Excel file that you will submit to your primary regulator.)
   420 Excel December 31, 2018
10. Peer review - Appointed actuary's report.
    440 PDF Note 1
11. Dynamic Capital Adequacy Testing - DCAT, duly signed.
    500 Searchable
    PDF file October 31, 2019
12. Excel File related to certain DCAT data.
    (The Excel file will be available on the AMF Website at the latest March 2019.) https://lautorite.qc.ca/en/professionals/insurers/disclosures/insurance-of-persons-life-and-health/
13. Peer review - DCAT.
    520 PDF Note 1
14. Life Insurance Capital Adequacy Test (LICAT)

• Excel
  December 31, 2018
  Extension:
  January 7, 2019*

15. 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. It must include the independent auditor's report.
16. Attestation of Compliance of Versions - LICAT, duly signed.
    (The Attestation must be dated and signed further to the issue of the auditor's report.) https://lautorite.qc.ca/en/professionals/insurers/disclosures/insurance-of-persons-life-and-health/ (Forms and instructions)
17. Appointed actuary's report on Capital Adequacy Requirements Guideline, duly signed.
    720 PDF December 31, 2018
18. Peer Review - LICAT.
    735 PDF Note 1

• An extension to the filing of the LICAT related documents has been allowed. Insurers are encouraged to submit these documents within the
  normal deadlines, if feasible, or as soon as possible after the normal due dates. Insurers opting to file these documents after normal due dates are required to submit the pro-forma capital ratios and their components (i.e. available capital/available margin, surplus allowance, eligible deposits and solvency buffer). For the submission of this information, you must use the appropriate disclosure schedule, available in the SEL, by selecting the box "Other documents". INSURERS OF PERSONS LICENSED IN QUEBEC DOCUMENTS REQUIRED FOR FISCAL YEAR ENDING OCTOBER 31, 2018 710 PDF January 31, 2019 110 PDF December 31, 2018 510 Excel FEDERAL

• PDF December 31, 2018
  Note 1 : 30 days after transmission to the Audit Committee or the Chief Representative in Canada. 410
• PDF January 31, 2019
  Excel December 31, 2018
  October 31, 2019