Office of the Superintendent of Financial Institutions
Insurers should complete the Unpaid Claims and Loss Ratio Analysis Exhibit annual filing (UCLRE or PC5), in accordance with
Memorandum for the Appointed Actuary's Report on Property and Casualty Insurance Business.
Please refer to the Filing Requirements, under Section V of the
Canadian & Foreign Property & Casualty Insurance Companies -
Manual of Reporting Forms and Instructions for the specific list of filing requirements for each Canadian jurisdiction.
Electronic filing (XML format) to OSFI via the Regulatory Reporting System (RRS) website is mandatory for the UCLRE/PC5 return.
For RRS electronic filing instructions, please refer to the
Regulatory Reporting System (RRS) – Manage Financial Returns User Guide available on OSFI's website.
The annual filing is due within 60 days following the insurer's year-end.
The UCLRE return is not subject to late or erroneous filing penalties. The PC5 return is now subject to late or erroneous filing penalties.
The UCLRE and PC5 business and data definition documents are available on OSFI's website or can be found within RRS under Documents/Portal Documents/English/Return Technical Specifications.
Please refer to OSFI's website or in RRS under Documents/Portal Documents/English/Return Validation Rules/Insurance Validation for a list of all current validation rules.