Property and casualty insurance return – Section VI – Change Control Log
Information
2023 Updates
The following changes have been made during the course of the 2023 year:
Instructions
Section | Changes |
---|---|
Section IV | Instructions related to Prior periods for quarterly reports - Updated |
Section V |
|
2023 “Q4” Annual and Quarterly Returns
No changes made.
2024 “Q1” Quarterly Returns
No changes made.
2022 Updates
2023 Quarterly and Annual Returns and Instructions
With the implementation of IFRS 17, the existing P&C Quarterly (1Q) and Annual Supplement (1A) returns have been decommissioned. New Quarterly and Annual Returns (P&C Core Financial Statement Return (PC1), P&C Supervisory Quarterly Return (PC2), P&C Supervisory Annual Return (PC3) and P&C Provincial Return (PCPROV)) have been created effective Q1 2023.
The capital related return pages have also officially been removed from the P&C return. A new Minimum Capital Test (MCT) (PC4) return and instructions have been created and posted to OSFI’s external website.
All readers are encouraged to fully review the 2022 updated instructions, and the 2023 edition of the Quarterly and Annual Return filings.
2021 Updates
The following changes have been made during the course of the 2021 year:
Instructions
Section | Changes |
---|---|
Section I | General email address - Updated |
V-4 |
|
V-31 to 36 | Saskatchewan - Updated |
VI-10 | Page 10.60, line 33 - Updated |
VI-68 | Pages 99.11 and 99.15 - Updated |
2021 “Q4” Quarterly Return
No changes made.
2021 Annual Supplement
Page | Changes |
---|---|
99.11 | Foreign Affidavit – Wording Updated |
2022 “Q1” Quarterly Return
No changes made.
2020 Updates
The following changes have been made during the course of the 2020 year:
Instructions
Section | Changes |
---|---|
Section V | All references to AAR-DCAT - Updated to AAR-FCT |
V-2 | BC contact information - Updated |
V-16, 18 | Quebec - Updated |
V-43 to 47 | British Columbia – Updated |
VI-54 | Pages 70.50, 70.60 and 70.61, column 01 - Updated |
VI-68 | Page 99.16 – Updated |
2020 "Q4" Quarterly Return
No changes made.
2020 Annual Supplement
Page | Changes |
---|---|
99.20 | Quebec Affidavit - Wording Updated |
2021 "Q1" Quarterly Return
No changes made.
2019 Updates
The following changes have been made during the course of the 2019 year:
Instructions
Section | Changes |
---|---|
V-2 | NB contact information - Updated |
V-55 | Yukon – Updated |
V-67, 68 | Federal – Updated |
VI-10 |
|
VI-19 |
|
VI-23, 24, 33 | Instructions related to mortgage insurers under pages 30.61 to 30.92 - Deleted |
VI-60 | Pages 70.62 and 70.63 – Added |
2019 "Q4" Quarterly Return
No changes made.
2019 Annual Supplement
Page | Changes |
---|---|
10.41 | ($'000) – Added to page heading |
10.60 |
|
20.37 | New (BC Incorporated Insurers only) |
60.40/60.41/ 93.60/93.61 |
|
2020 "Q1" Quarterly Return
Page | Changes |
---|---|
70.60/70.61 | Column 40 – Wording Updated |
70.62/70.63 | New |
2018 Updates
The following changes have been made during the course of the 2018 year:
Instructions
Section | Changes |
---|---|
III-11 | Net Retention definition - Deleted |
III-12 | Policy Limit definition - Deleted |
Section V | All jurisdictions - Updated |
VI-5 | Page 10.41, lines 03-70 - Updated |
VI-10 | Page 10.60, line 40 - Updated |
VI-19 | Page 20.31 - Added |
2018 "Q4" Quarterly Return
No changes made
2018 Annual Supplement
No additional changes introduced. See 2017 Updates for further details.
2019 "Q1" Quarterly Return
Page | Changes |
---|---|
20.31 | New (BC Incorporated Insurers only) |
30.92 | Line 71 - New |
30.71 |
|
30.81 |
|
70.60 | Columns 42 and 44 - Updated |
2017 Updates
The following changes have been made during the course of the 2017 year:
Instructions
Section | Changes |
---|---|
VI-7 | Page 10.43 – Updated |
VI-15 | Page 20.10, column 2 – Added |
VI-22 | Page 30.61, lines 03, 13 and 63 – Deleted |
VI-32 |
|
2018 "Q1" Quarterly Return
Page | Changes |
---|---|
20.10 | Line 45, columns 02, 04 and 06 – Unshaded |
20.42 |
|
20.54 | Column 07 – Wording Change |
30.61 | Lines 03, 13 and 62 – Deleted |
30.65 | New |
40.07 | Columns 01 and 03 – Wording Change |
60.21 | Lines 94 and 96 – Wording Change |
92.42 |
|
92.54 | Column 07 – Wording Change |
93.11 | Lines 94 and 96 – Wording Change |
2018 Annual Supplement
Page | Changes |
---|---|
10.43 | Page heading - Updated |
40.12 | Columns 10 and 12 – Wording Change |
40.22 | Columns 10 and 12 – Wording Change |
40.42 | Columns 10 and 12 – Wording Change |
40.52 | Columns 10 and 12 – Wording Change |
2016 Updates
The following changes have been made during the course of the 2016 year:
Instructions
Section | Changes |
---|---|
III-8 | Definition for "Associate" - Updated |
V-2, 3, 4 | Regulators - Updated |
V-36, 39 | Alberta - Updated |
V-57, 58 | Federal – Updated |
VI-4 | Page 10.40, line 40 – Deleted |
VI-5 | Page 10.41 – Additions/Deletions |
VI-6, 7 | Page 10.42 – Additions/Deletions |
VI-7, 8 | Page 10.43 - New |
VI-15 | Page 20.10, line 45 - New |
VI-18 | Page 20.30, line 47 - New |
VI-32 | Page 40.07 – Addition/Deletion |
VI-33 | Page 40.07, column 13 - New |
VI-36 | Page 40.07, lines 32 and 34 - New |
VI-44 | Page 50.32, Section VI - New |
VI-50, 51 | Pages 60.40/60.41 - Addition |
VI-53 | Page 70.21 – Addition/Deletion |
VI-54 | Page 70.40 - Deleted |
VI-64 | Page 90.70 - Deleted |
2016 "Q4" Quarterly Return
Page | Changes |
---|---|
20.10/92.10 | Line 45 - Added |
20.30/92.30 | Lines 35 and 47 - Added |
20.42/92.42 | Lines 14 and 52 - Added |
30.62 | Line 37 – Wording Change |
30.92 | Line 70 – Added |
30.66, 30.79 | Line 12 – Wording Change |
40.07 |
|
40.80 | Footnote – Wording Change |
50.32 |
|
60.30/93.20 |
|
93.30/93.40/93.50/ 85.40/85.60 |
Line 63, column 05 – Shading Added |
2016 Annual Supplement
Page | Changes |
---|---|
10.40 |
|
10.41 |
|
10.42 |
|
10.43 | Outsourcing and Service Agreements - New |
40.12 |
|
50.30 | Deleted |
60.10 | Liability and surety sub-classes of insurance - Added |
60.40/60.41/93.60/ 93.61 |
Lines 05, 15, 25, 35 and 45 – Added |
70.21 |
|
70.40 | Deleted |
70.90 | Reinsurance Interrogatories – New |
90.70 | Deleted |
2015 Updates
The following changes have been made during the course of the 2015 year:
Instructions
Significant changes include:
- Rework of MCT/BAAT instructions (as per MCT Guideline changes)
Other changes include:
Section | Changes |
---|---|
II-5 | Wording Change |
V-20 | Wording Change |
VI-16 | Lines 04 and 05 – Wording Change |
VI-19 | Lines 20 and 34 – Added |
VI-34, 35, 36, 38 | Page 40.07 - Wording Changes/Additions |
VI-40, 41 | Page 40.12 – Wording Change |
VI-44, 45 |
|
VI-45 | Columns 23 to 31 – Wording Change |
VI-55 to 59 | Page 70.38 and 70.39 – Deleted |
VI-68 | Pages 85.40, 85.45, 85.60 and 85.65 – Wording Change |
2015 "Q4" Quarterly Return
No changes made
2015 Annual Supplement
Page | Changes |
---|---|
85.45, 85.65 and 93.35 | Liability and surety sub-classes of insurance - Added |
2014 Updates
The following changes have been made during the course of the 2014 year:
Instructions
Significant changes include:
- The P&C-1 and P&C-2 instructions have been amalgamated into a standard set of instructions called the P&C Insurance Return Instructions.
- Multiple changes/additions relating to the 2015 Return changes.
All readers are encouraged to completely review the 2015 edition.
2014 Annual
Significant changes include:
- Combining of the P&C-1 and P&C-2 Returns.
- 1 "true" Quarterly Return to be filed at all 4 quarters and 1 Annual Supplement Return to be filed with the Q4 filing.
Other changes include:
Page | Changes |
---|---|
10.20 |
|
10.40 |
|
10.41 |
|
20.20/92.20 | Two new lines have been added |
20.40 | Page deleted; Reserves table now located on page 20.45 for Canadian insurers |
50.32 | New page for Canadian insurers only (previously known as page 50.40) |
60.10 | Becomes Quebec and Alberta only page |
60.50 | Page deleted |
67.10/93.30 | Line 01, column 18 has been unshaded |
92.40 | Statement of Retained Earnings table has been deleted |
92.54 | New non-consolidated page |
99.16 | New Affidavit Verifying Quarterly Return page |
99.20 | New Quebec Affidavit Verifying Annual Supplement Return page |
2015 Quarterly/Annual Supplement
Significant changes to the 2015 Returns include:
- Rework of Reinsurance pages; new pages 70.50, 70.60, 70.61 and 70.90 added; pages 70.40, 70.38, 70.39 and 90.70 deleted; 70.21 updated.
- Addition of liability and surety sub-classes of insurance to pages 10.41, 60.10 to 60.30, 67.10 to 67.31, 93.10 to 93.50 and 85.40 to 85.65.
- Rework of MCT/BAAT pages (as per MCT Guideline changes); significant changes to pages 30.70, 30.71, 30.73, 30.80, 30.81 and 30.92; new pages 30.62, 30.64, 30.66, 30.75, 30.77 and 30.79 added.
Other changes include:
Page | Changes |
---|---|
10.40 | Lines 40 to 49 have been deleted |
10.41 |
|
10.42 |
|
10.43 | New Outsourcing and Service Agreements page |
50.30 | Page deleted |
50.32 | Page relabeled to Intra-Group Transactions; multiple sections added |
2013 Updates
The following changes have been made during the course of the 2013 year:
Instructions
A comprehensive review of the instructions was performed in 2013. Significant changes have been made to the P&C Insurance Return instructions.
All readers are encouraged to completely review the 2013 edition.
2013 Annual Return
Page | Changes |
---|---|
10.10 | Lines 10, 67, 77 and 78 - Added |
10.16/10.17/10.30/ 10.40/10.41/10.42/ 20.52/20.60/20.70/ 20.80 |
Multiple wording changes |
20.10/92.10 | Line 58 - Added |
20.20/92.20 | Lines 22, 23, 24, 25 and 26 - Added |
20.42/92.42 | Multiple changes/additions |
20.54 |
|
30.70 |
|
30.71 | Lines 06, 07, 34 and 86 – Wording change |
30.73 |
|
40.07 |
|
40.70 | Multiple wording changes |
50.50 | Page - Deleted |
70.40 |
|
80.20 | Line 56 - Added |
2014 Interim Return
Page | Changes |
---|---|
10.15/10.17 | Pages - Added |
20.10/92.10 | Line 58 - Added |
20.20/92.20 | Lines 22, 23, 24, 25 and 26 - Added |
20.42/92.42 | Lines 11 and 51 – Relocated |
20.54 | Lines 15, 13, 35 and 33 – Wording change |
30.70 | Line 44 – Wording change |
30.71 | Lines 34 and 86 – Wording change |
30.73 | Line 18 - Added |
40.07 |
|
2012 Updates
The following changes have been made during the course of the 2012 year:
Instructions
Section | Changes |
---|---|
I-2 | Multiple deletions |
II-5, 6 | How to embed files – Added |
III-3, 9 | Deletions |
IV-3 | Letters of Credit – Revision |
V-all pages | Complete revision |
VI-2, | Page 10.17 – Added |
VI-4 | Page 10.40 – Additions |
VI-5, 6, 7, 8 | Page 10.41 – Multiple additions/changes |
VI-8, 9 | Page 10.42 – Deletion/multiple additions |
VI-10 | Page 10.60 – Additions/changes |
VI-13, 14, 15 | Page 20.10 – Multiple additions/changes |
VI-19 |
|
VI-20 | Page 20.60 – Additions/changes |
VI-21 |
|
VI-22, 23, 24, 25, 26 | Page 30.70 – Multiple additions/changes |
VI-26, 27, 28, | Page 30.71 – Multiple additions/changes |
VI-29 | Page 30.73 – Added |
VI-31, 32, 33 | Page 40.07 – Deletion, multiple additions, change |
VI-35 | Pages 40.12 to 40.52 – Addition |
VI-36 |
|
VI-37 | Page 40.70 – Deletion |
VI-38 | Page 40.80 – Changes/addition |
VI-40 | Page 50.40 – Change |
VI-41 | Page 50.50 – Deletion |
VI-44 | Pages 60.10 to 60.30 – Additions |
VI-46 | Page 60.20 – Additions |
VI-48, 49, 50 | Page 60.30 – Additions |
VI-51, 52 | Pages 60.40/60.41 – Addition |
VI-53 | Page 60.50 – Multiple deletions/additions |
VI-54, 55 | Pages 67.10 to 67.30 – Additions |
VI-57 | Page 70.21 – Addition |
VI-58, 59, 60 | Page 70.38 – Multiple additions |
VI-62 | Page 80.20 – Addition/deletion |
VI-65 |
|
IX(c)-2 | Additions |
IX(d)-1 | Addition/deletion |
XI(e)-3, 4, 5, 6 | Addition/multiple deletions |
XI(f)-3 | Deletions/change |
2012 Annual Return
Page | Changes |
---|---|
10.16 | Annual Corporate Information (Quebec) page – Added |
10.17 | Annual Corporate Information (all provinces) page – Added |
10.41/10.42 | Multiple changes/additions |
10.60 | Line 74 – Added |
20.10 |
|
20.20 |
|
20.30/92.30 | Line 60 – Deleted |
20.42 | Lines 31 and 71 – Added |
20.54 |
|
20.70 | Auditor Reports page – Added |
20.80 | Appointed Actuary's Report page – Added |
30.70/30.71 | Multiple changes/deletions/additions |
30.73 | Capital page – Added |
40.07 |
|
40.12/40.22 | Multiple changes; Line 35 – Added |
40.32 | Multiple changes |
40.42 | Line 79 – Wording change |
40.70 | Column 04 – Wording change |
40.80 | Page title – Change |
50.40 | Multiple datapoints – Deleted |
50.50 | Lines 08 and 09 – Deleted |
60.10/60.21/60.30/ 67.10/67.20/67.30/ 67.31/93.11/93.20/ 93.30/93.35/93.40/ 93.50 |
|
60.20/93.10 | Multiple changes/additions |
60.50 | Multiple changes/deletions |
70.21 | Line 49 – Wording change |
80.20 | Column 06 – Wording change |
90.70 | Line 49 – Wording change |
92.10 |
|
92.20 |
|
92.42 | Lines 11, 31, 51 and 71 – Added |
93.30/93.40/93.50 | New OSFI pages |
2013 Interim Return
Page | Changes |
---|---|
20.10 | Line 10 – Wording change |
20.20 | Line 59 – Added |
20.42/92.42 | Multiple changes/additions |
20.54 |
|
30.70 |
|
30.71 | Lines 06 and 07 – Wording change |
30.73 | Multiple changes |
40.07 |
|
40.80 | Page title – Change |
50.40 | Multiple datapoints – Deleted |
60.20/93.10 | Multiple changes/additions |
60.21/60.30/67.10/ 67.20/67.30/67.31/ 93.11/93.20/93.30/ 93.40/93.50 |
|
92.10 |
|
93.30/93.40/93.50 | New OSFI pages |
2011 Updates
The following changes have been made during the course of the 2011 year:
Instructions
Section | Changes |
---|---|
I-1, 2 | Accounting Principles – Annual and Interim Returns – Updated |
II-1, 2 | General – Updated |
II-4 |
|
II-5 | Interim Returns – Updated |
III-3 | Derivative Instruments/Expected Claims Ratio – Deleted |
III-4 | IFRS/In Arrears (Receivables) – Updated |
III-7 | Registered and Unregistered Insurer – Updated |
III-9 | Selected Claims Ratio – Deleted |
III-10 | Substantial Investment – Updated |
IV-2 | Facility, FA, FARSP and PRR – Updated |
IV-9 | Refer to Section V – Updated |
V |
|
VI | Readers are encouraged to completely review the 2011 updates for this section – Updated |
VII | Updated |
2011 Annual Return
Significant changes were made to the Annual Return in accordance with the new International Financial Reporting Standard (IFRS).
The following pages have been added: 40.07, 40.12, 40.22, 40.32, 40.42, 40.52, 92.10, 92.20, 92.30, 92.40, 92.40, 92.42, 93.10, 93.11, 93.20, 93.30, 92.35, 93.40, 93.50, 93.60, 93.61.
The following pages have been deleted: 19.10, 40.10, 40.20, 40.30, 40.35, 40.40, 40.45, 40.49, 40.50, 40.60, 40.70.
2012 Interim Return
Additional changes were made to the Interim Return in accordance with the new International Financial Reporting Standard (IFRS), as well as changes to the minimum capital test (MCT) pages in accordance with the new 2012 MCT Guideline.
The following pages have been added: 30.73, 50.40, 60.30, 93.10 and 93.11.
Page 19.10 has been deleted.
2010 Updates
The following changes have been made during the course of the 2010 year:
2010 Instructions
Section | Changes |
---|---|
I-2 | Foreign Branches (P&C-2) – Updated |
III-6, 7 | Definition of Registered and Unregistered Insurer – Updated |
III-9 | Definition for Unregistered Reinsurer – Added |
IV-3 | Letters of Credit – Updated |
V-6, 7, 8 | Quebec – Updated |
V-25 | Federal – Updated |
VI-13 | Transition instructions for page 20.42 – Deleted |
VI-24 | Reference under page 40.07, column 03 – Updated |
VI-28 | Instructions for page 40.07, lines 60 and 61 – Updated |
VI-29 | Reference under page 40.10, column 12 – Updated |
VI-33 | Instructions for page 40.80 – Updated |
VI-39 | Instructions for page 60.10, line 80 – Added |
VI-40 | Instructions for page 60.30, line 80 – Added |
VI-43 | Instructions for pages 60.40 and 60.41 – Updated |
VI-45 | Instructions for page 60.50 – Updated |
VI-48 | Instructions for page 70.38, column 12 – Updated |
VI-49 | Instructions for page 70.38, column 16 – Updated |
VI-52, 53 |
|
IX(i)-2 | Interim Return Instructions – Updated |
2010 Annual Return
Page | Changes |
---|---|
19.10 | Line 32 "Other - Classified as Broker Loans" – Added |
60.10/.30 | Line 80 "Out of Canada Liabilities" – Added |
90.15 | General Instructions – Updated |
90.21/.22/.23 90.62/.64/.66 |
Deleted |
2011 IFRS Instructions
Section | Changes |
---|---|
I-1, 2 |
|
II-2 | General Filing Requirements – Updated |
III-1, 2, 4, 8, 9 | Definitions – Updated |
IV-6 | Self-Insured Retention – Updated |
IV-8, 9 | Structured Settlements – Updated |
V-25 | Federal (Letters of Credit) – Updated |
VI | Section IV (significant changes were made throughout the entire section) – Updated |
IX(i)-2, 3 | Interim Return Instructions – Updated |
IX(k)-1 | MCT – Capital Required for Structured Settlements, Letters of Credit, Derivatives and Other Exposures – Updated |
2011 Interim Return
Significant changes were made to the Interim Return in accordance with the new International Financial Reporting Standard (IFRS).
The following new "non-consolidated" pages have been added to the Interim Return: 92.10, 92.20, 92.30, 92.40, 92.42, 93.20, 93.30, 93.40, 93.50.
New automobile breakdown has been added to pages 60.20, 60.21, 67.10, 67.20, 67.30 and 67.31 as well as new pages 93.30, 93.40, 93.50.
Pages 30.70, 30.71 and 70.38 have been modified in accordance with new letters of credit guideline.
2009 Updates
The following changes have been made during the course of the 2009 year:
Instructions
Section | Changes |
---|---|
II-4, 5 | Filing Requirements – Updated |
V-4 | Nova Scotia – Updated |
V-13 | Manitoba – Updated |
V-14.1 | Saskatchewan – Updated |
V-15-18 | Alberta – Updated |
V-21 | Yukon – Updated |
V-24, 25 | Federal – Updated |
VI-14 | Instructions for page 20.52 – Added |
VI-25 | Wording "80% of the market value" to "80% of the loan to value ratio" under lines 03 and 04 – Changed |
VI-39 | Instructions for page 60.20 – Added |
IX(a)-1 | Updated |
IX(i)-1-3 | Interim Return instructions – Updated |
2009 Annual Return
Page | Changes |
---|---|
10.41 | Question #77 – Deleted |
19.10 | Details of Assets page – Added |
20.10/.30 | Reference to page 40.07 – Updated |
20.52 | Footnote – Added |
40.07 | Wording "80% of the market value" changed to "80% of the loan to value ratio" under line 03 – Changed |
50.20/.30 | Wording "for Doubtful Accounts" – Deleted |
50.50 | Line 76 "Employment Benefits" – Added |
60.20 | Wording "at year end" under column 21 – Added |
80.20 | Wording "for Doubtful Accounts" – Deleted |
2010 Interim Return
Page | Changes |
---|---|
19.10 | Details of assets page – Added |
40.07 | Wording "80% of the market value" changed to "80% of the loan to value ratio" under line 03 – Changed |
60.20 | Wording "at end of period" under column 21 – Added |
2008 Updates
The following changes have been made during the course of the 2008 year:
Instructions
Section | Changes |
---|---|
V-6, 7 | Quebec – Updated |
VI-12 | Instructions under line 43 regarding interest on financing activities – Added |
VI-13 | Instructions for line 16 – Added |
VI-15-17 | Instructions for pages 30.40 and 30.45 – Deleted |
VI-25 | Wording "75%" to "80%" under lines 03 and 04 – Changed |
VI-34 | Wording "unaffiliated" added to page 50.20 instructions – Added |
VI-39 | Instructions for page 60.21 – Added |
VI-45 |
|
VI-47 | Instructions for page 70.35 – Deleted |
IX(a)-1, 3 | Updated |
IX(f)-1 | Instructions under File Name – Updated |
IX(g)-3, 4 | Instructions under File Naming and Record Layout – Updated |
IX(g)-7 | Validation Report – Updated |
IX(i)-1, 2 | Filing Deadlines/Requirements for Quebec; list of Interim Return pages – Updated |
2008 Annual Return (only)
Page | Changes |
---|---|
10.10 | Line 09 "Website" under "Insurer general information" – Added |
10.41 | Question #79 – Added |
20.10 | "Unaffiliated" on line 20 – Added |
20.42 | Wording "Net of Income Taxes" – Deleted |
20.52 | Line 23 "Fair value (gains) losses on held for trading assets" – Added |
50.20 | "Unaffiliated" in page title – Added |
60.21, 67.31 | "Undiscounted" pages – Added |
60.41 | Wording "2002" and "2003" in columns 09 to 12 – Deleted |
2008 Annual and 2009 Interim Returns
Page | Changes |
---|---|
20.40 | Line 16 "(Please specify)" – Added |
30.40/.45, 30.47, 70.35 | Quebec-only pages – Deleted |
40.07 | Wording "≤75%" changed to " ≤ 80%" – Changed |
60.20 | Column 21 "Number of Policies" – Added |
2007 Updates
The following changes have been made during the course of the 2007 year:
Instructions
Section | Changes |
---|---|
II-4/V-13 | Manitoba – Updated |
II-5 | Electronic Filing and Amended Annual Returns – Changed |
III-8 | Unrecognized (Assets and Liabilities) – Added |
IV-7, 8, 9 |
|
V-7 | 40.05 Summary of Investments and Limits changed to 40.07 Summary of Investments – Changed |
V-9, 12 | Ontario – Updated |
Section VI | Readers are encouraged to completely review the 2007 updates for this Section – Updated |
VIII-1 | Delivery address changed to 12th floor – Changed |
IX-i, (a) | Updated |
IX(f)-1 | Word "diskette" – Deleted |
IX(g) | Readers are encouraged to completely review the 2007 updates for this appendix – Updated |
IX(h)-1 | Word "diskette" changed to "file" or "ASCII file" – Changed |
IX(i)-1, 2 |
|
IX(i)-3, 4 |
|
IX(k)-1, 2 |
|
Section X | Deleted |
2007 Annual Return
The following pages include comprehensive changes that were made to the Annual Return in accordance with the new Financial Instruments Accounting Standard: pages 10.42, 20.20, 30.40, 30.70, 30.71, 40.10, 40.20, 40.30, 40.35, 40.40, 40.45, 40.49, 40.50, 40.60, 40.70, 40.80, 50.40, 50.50 and 70.38.
Page | Changes |
---|---|
20.42 | Page - Added |
40.05 | Page - Deleted |
40.07 | Page - Added |
2008 Interim Return
Page | Changes |
---|---|
20.30 | Line 33 - Realized Gains (Losses) – Changed |
20.42 | Wording "net of Income Taxes" – Deleted |
40.07 |
|
2006 Updates
The following changes have been made during the course of the 2006 year:
Instructions
Section | Changes |
---|---|
VI-20 | "Canadian Bond Rating Service" and footnote – Deleted |
VI-47 | Reference to page 90.62 – Deleted |
VIII-1 | Committee name to "CCIR Forms Committee" – Changed |
IX(a)-2 | Updated |
2006 Annual and 2007 Interim Returns
There are no changes to either the Annual or the Interim Returns.
2005 Updates
The following changes have been made during the course of the 2005 year:
Instructions
Section | Changes |
---|---|
II-2 | Paragraph (v) amended to read : "Pages containing no data are to be included with the filed Return(s), except for the out-of-Canada exhibits on pages 90.21 through 90.70." – Amended |
V-6 |
|
V-8 |
|
V-9 | "(Applicable after Regulation has been passed)" under Guidelines, Bulletin No. 01/03 – Deleted |
V-19 | "Financial Institutions Forms Regulation"; numbering of Regulations (i.e. 1-16) – Deleted |
VI-9 | Sentence in Line 01, "It does not include guaranteed investment certificates or term deposits that are not cash equivalents, which are to be included on page 20.10, line 04." – Amended |
VI-46 | Sentence "All insurers that transacted any business in any foreign jurisdiction are required to complete pages 90.15 and 90.62." – Deleted |
IX(a) | Updated |
2005 Annual Return
Page | Changes |
---|---|
10.40 | Question in item 35: "Is the insurer licensed in, or does the insurer cover risks in any foreign jurisdiction?" included in reference to page 90.62 – Amended; Added |
20.10 and 90.21 | Words "and Partnerships" on line 25 – Added |
90.15 | The first sentence, "The exhibit below, and page 90.62, are to be completed if the insurer is licensed in, or covers risks in any foreign jurisdiction" was amended. The words "(if applicable)" were added to the column "Date of Licensing." |
2004 Updates
The following changes have been made during the course of the 2004 year:
Instructions
Section | Changes |
---|---|
II-4 | Updated |
IV-3 |
|
V-3 | Prince Edward Island – Updated |
V-4 | Nova Scotia – Updated |
V-6 |
|
V-8 |
|
V-14, 14.1 | Saskatchewan – Updated |
V-15, 16, 17 | Alberta – Updated |
VI-10 | Line 37 – clarification on "discounting" – Added |
VI-20 | Line 32 – "or affiliate" – Deleted |
VI-21 | Line 33 – replace "Financial Institution" with "Subsidiary" – Amended |
VI-38, 39 | Instructions for completing page 60.41 – Added |
VI-40 | Instructions on page 67.10, line 01, "Licensed (Y/N)" – Added |
IX-i | Updated |
IX(a) | Updated |
IX(i)-3 | Line 22 – Instructions replaced with reference to instructions for page 30.70 – Amended |
IX(l)-1 | Sample letter regarding letters of credit – Deleted |
2004 Annual Return
Page | Changes |
---|---|
10.42 | Line 30 – reference to Section IV corrected to Section VI – Amended |
90.15 | Page 90.66 added to note – Added |
2003 Updates
2003 Annual Return and Instructions
Significant changes have been made to the Annual Return, and to most sections of the instructions for 2003. Please refer to the Special Table of Contents on OSFI's website for a summary of the Annual Return pages affected.
All readers are encouraged to completely review the 2003 updates in the instructions, and the 2003 edition of the Annual Return.
2004 Interim Return
Comprehensive changes were also made to the Interim Return, effective with filings due for the first quarter of 2003. Please refer to the previous page of these instructions ("2002 Updates") for details.
2002 Updates
The following changes have been made during the course of the 2002 year:
Instructions
Section | Changes |
---|---|
II-4 | Newfoundland and Labrador: diskette required; footnote "F", "PN", "PO", "PA" and "PB" – Added |
V-2 |
|
IX-1-3 | Regulators – Updated |
IX-25-27 | Interim Return Instructions, Appendix (i) – Updated |
2002 Annual and 2003 Interim Returns
The Interim Return includes significant changes, mainly resulting from the replacement of the minimum asset test with the minimum capital test (MCT); note that pages 30.40, 30.45, 30.47 and 70.35 will be retained until Quebec legislation for MCT is enacted. Highlights are as follows:
Page | Changes |
---|---|
20.20 | Categories and descriptions updated to reflect GAAP – Updated |
20.40 | Exhibit "Reserves" – Added |
30.10 - .30 | Minimum asset test and related pages – Deleted |
30.47 | DPAE portion of deleted page 30.15 for insurers licensed in Quebec – Retained |
30.70 - .71 | Minimum capital test – Added |
40.05 | "Summary of Investments and Limits" mainly replaces deleted page 40.90 – Added |
40.90 | "Summary of Investments – Portfolio Limits" – Deleted |
60.20 | Two classes of insurance: Credit Protection and Other Approved Products – Added |
70.30 | "Reinsurance Ceded to Unregistered Insurers – Canadian Business" – Deleted |
70.35 | "Out of Canada" changed to "Total Business – Insurers Licensed in Quebec" - Changed |
70.38 | New page: "Reinsurance Ceded to Unregistered Insurers – Total Business" combines former pages 70.30 and 70.35 to calculate capital required for the MCT – Added |
2001 Updates
The following changes have been made during the course of the 2001 year:
Instructions
Section | Changes |
---|---|
II-3 | Paragraph xii: "(refer to Section V)" – Added |
IV-8 | Fourth paragraph: "receivables" changed to "recoverables" – Changed |
V-32 | Paragraph on "Auditor's Report to shareholders / policyholders" – Added (change in filing requirement for federal insurers) |
VI-18 | Fifth paragraph: "1998" changed to "current year" – Changed |
VI-28 | Instructions on Other Investments – Added |
IX- i | List of appendices – Added |
IX-1, 2, 3 | Regulators – Updated |
IX-14 | Extension "NUM" added to the example of a file name – Added |
IX-17 | Sentence in parenthesis at the end of the paragraph on extensions – Deleted |
IX-24 | Federal filing deadlines for insurers changed to "Within 45 days" – Changed |
2001 Annual and 2002 Interim Returns
There are no changes to either the Annual Return or the Interim Return.
2000 Updates
The following changes have been made during the course of the 2000 year:
Instructions
Section | Changes |
---|---|
II-3 | Financial Statements of Subsidiaries – refer to Section V – Added |
II-4 |
|
V-2, etc | Most provinces and territories no longer require federally regulated P&C companies to file a full Actuary's Report with their Annual Return – Amended |
V-16 | Alberta requirements – Updated |
V-23 and 24 | British Columbia requirements – Updated |
V-26A | Nunavut – Added |
VI-9 and 33 | Additional instructions on SIRs – Added |
IX-1, 2, 3 | Regulators' websites – Added |
2000 Annual Return
Page | Changes |
---|---|
20.10, etc. | "Deferred Income Taxes" changed to "Deferred / Future Income Taxes" – Amended |
60.10, 60.20, 60.30, 90.61, 90.62, 90.63 |
Retrocessions(line 99) – Deleted |
65.10, 65.11, 90.66, 90.67 |
"Accident and Sickness" exhibits and applicable instructions – Deleted |
2001 Interim Return
Page | Changes |
---|---|
20.10, etc. | "Deferred Income Taxes" changed to "Deferred / Future Income Taxes" – Amended |
1999 Updates
The following changes have been made during the course of the 1999 year:
Instructions
Section | Changes |
---|---|
IV-8 | Reporting of an amount recoverable under a SIR changed from page 20.10, line 27 to line 37 – Amended |
VI-4 | Instructions related to "columnar" Corporate Organization Chart – Deleted |
VI-5 |
|
VI-6 | Instructions transferred from Annual Return, page 10.42, lines 10, 15 and 20 – Added |
VI-8 | Reporting of instalment premiums receivable – Amended |
IX-2 | Nunavut – Added |
IX-31 | Appendix (m), Corporate Organization Chart (example) – Deleted |
1999 Annual Return
Page | Changes |
---|---|
10.20 |
|
10.30 | Corporate Organization Chart: "columnar" method of reporting discontinued, replaced by "conventional" method – Amended |
10.40 | Information on changes to bylaws – Added |
10.41 |
|
10.42 | Instructions for lines 01, 10, 15 and 20 transferred to Annual Return instructions, Section VI – Deleted |
10.50 | Nunavut – Added |
20.50/.51 | Statement of Changes in Financial Position – Deleted (replaced by page 20.52) |
20.52 | Statement of Cash Flows – Added |
40.49 | Nunavut – Added |
40.80 | Lines 01, 02, 03 and 04 and footnote – Deleted (Interim Return also) |
67.10-.30 | Nunavut – Added |
1998 Updates
The following changes have been made during the course of the 1998 year:
Instructions
Section | Changes |
---|---|
IV-9 | Structured Settlements: summary and reference to OSFI guideline – Added |
V-6 | Insurers licensed in Quebec to file a second version of page 67.10 – Added |
V-7 | Quebec insurers to complete page 30.15, lines 34 and 35 – Added |
V-10, 11 | References to Insurance Act (Ontario) – Changed |
V-30 | Guideline Accounting for Structured Settlements – Added |
VI-18, 21 | Instructions for reporting earthquake reserves – Added |
VI-37 | Reporting reimbursements of adjustment expenses – Revised |
IX-1, 2, 3 | Regulators' names and addresses – Updated |
X-1 | Actuary's Report and Auditor Report – Added |
1998 Annual and 1999 Interim Returns
Page | Changes |
---|---|
30.40 | Earthquake reserve – Added |
1997 Updates
The following changes have been made during the course of the 1997 year:
Instructions
Section | Changes |
---|---|
II-4 | Manitoba filing requirements – Amended |
IV-8 | SIR reporting – Changed |
V-27 | Federal regulations – Added |
V-30 | Federal guidelines and bulletins – Added |
V-32 | Dividends declared to shareholders - federal requirement – Added |
V-33 | Federal letter of credit (form) – Changed |
VI-10 | Instructions on health care costs on page 20.30, line 10 – Added |
IX-1, 2, 3 | Regulators' names and addresses – Updated |
IX-30 | Appendix (l) – standard letter for letters of credit – Updated |
1997 Annual and 1998 Interim Returns
Page | Changes |
---|---|
30.60 | Page deleted because limit of shareholder dividends revoked from federal legislation – Deleted |