2018 Memorandum - Earthquake Exposure Data

Document Properties

  • Type of Publication: Memorandum
  • Date: March 16, 2018
  • To:
    • Chief Executive Officers and Chief Agents,
    • Federally Regulated Canadian and branches of Foreign Property and
    • Casualty Insurance Companies
  • From:
    • Ima Okonny
    • Director, Regulatory Data Management

Companies are reminded that they are required to file the Earthquake Data Form with OSFI for the reporting year 2018, i.e. Country-wide PML (2018), by May 31, 2018.

The data must be submitted via the Regulatory Reporting System (RRS). There are two options within RRS, made available within your Draft Returns RRS folder starting as at April 1, 2018:

  • The on-line web form for direct data input and submission.
  • Alternatively, institutions can submit this data by uploading an XML file to RRS. Technical specifications for the format and structure of this data file are available for download in RRS under Documents / Portal Documents / English / Return Technical Specifications.

Based on our review of last year’s filings, we added clarification with respect to the Y/N selection for non-modelled perils under Section 4.1 of the form instructions.

Questions concerning the Earthquake Exposure Data Form should be addressed to your OSFI Lead Supervisor or to David Lim, Actuarial Division, by email at david.lim@osfi-bsif.gc.ca. For questions concerning electronic filing of this data in RRS, please email Returns Administration at RA-RRS.Support@osfi-bsif.gc.ca.

cc: Insurance Bureau of Canada