Reporting Requirements for Federally Regulated Mortgage Insurers

Document Properties

  • Date: May 2020
RETURN TITLEDATE OF SUBMISSIONFREQUENCYSUBJECT TO LEFPCANADIAN MORTGAGE INSURERS
MI Quarterly (MI1)45 daysQuarterlyYes
MI Annual (MI1/MI2)60 daysAnnualYes
MI Quarterly - Unstructured (923)45 daysQuarterlyYes
60 daysAnnualYes
Mortgage Insurance Capital Adequacy Test (MICAT) (MI)45 daysQuarterlyYes
60 daysAnnualYes
Auditor's Report on MICAT (632)90 daysAnnualYes
Auditor's Report to the Superintendent (625) - Canadian60 daysAnnualYes
Appointed Actuary's Report (605)60 daysAnnualYes
AAR - Excel File (600)60 daysAnnualNo
Financial Condition Testing (FCT) (610)Various (a)AnnualYes
External Review Report - AAR (615) (c)Various (b)Annual Yes
External Review Report - FCT (608) (c)Various (b)Annual Yes
External Review Report - CAR (609) (c)Various (b)Annual Yes
External Review Report - Other (607) (c)Various (b)Annual Yes
ORSA Key Metrics Report (OP)Various (d)Annual Yes
ORSA KMR - Unstructured (915)Various (d)Annual Yes
Earthquake Exposure Data Return (659)May 31AnnualYes
Unpaid Claims and Loss Ratio Exhibits (661)60 daysAnnual Yes
P&C Business Plan (640)Max 60Annual Yes

(a) Earlier of: 30 days after presentation to Board of Directors/Chief Agent, and one year after fiscal year-end

(b) 30 days after transmission to the Audit Committee or to the Chief Agent, as required

(c) ERR for the AAR(615) and FCT(608) will be automatically scheduled; the CAR(609) and Other(607) must be requested by contacting RA-RRS.Support@osfi-bsif.gc.ca or at 613-991-0609

(d) Submitted to OSFI at least annually and within 30 days of report being reviewed by the Board of Directors / signed off by the Chief Agent