Office of the Superintendent of Financial Institutions
Every year, OSFI updates the Property and Casualty Memorandum to the Appointed Actuary (the Memorandum), that is issued pursuant to subsection 667(2) of the Insurance Companies Act.
This Memorandum can be found on the OSFI website in English and French respectively at:
Please note that the electronic filing of the Unpaid Claims and Loss Ratio Analysis Exhibit is due at the same time as the P&C Return. Electronic filing instructions for the exhibit are available separately from this Memorandum.
The Memorandum specifies the contents of the annual Appointed Actuary's Report to OSFI. Changes to Memorandum includes:
Should you have any questions, please do not hesitate to contact James Yang at 416-952-2883 or at email@example.com.
Insurance Supervision Sector