Reporting Requirements for Federally Regulated Mortgage Insurers

Document properties

  • Date: December 2023
Return title Date of submission Frequency Subject to LEFP Canadian mortgage insurers
MI Quarterly Supervisory (MI3/MI4) 45 days Quarterly subject to LEFP Yes
MI Annual Supervisory (MI3/MI4/MI5) 60 days Annual subject to LEFP Yes
MI Quarterly Supervisory - Unstructured (973) 45 days Quarterly subject to LEFP Yes
MI Quarterly Supervisory - Unstructured (973) 60 days Annual subject to LEFP Yes
Mortgage Insurance Capital Adequacy Test (MICAT) (MI) 45 days Quarterly subject to LEFP Yes
Mortgage Insurance Capital Adequacy Test (MICAT) (MI) 60 days Annual subject to LEFP Yes
MICAT - Unstructured (937) 45 days Quarterly subject to LEFP Yes
MICAT - Unstructured (937) 60 days Annual subject to LEFP Yes
Auditor's Report on MICAT (632) 90 days Annual subject to LEFP Yes
Auditor's Report to the Superintendent (625) - Canadian 60 days Annual subject to LEFP Yes
Appointed Actuary's Report (AAR) (605) 60 days Annual subject to LEFP Yes
AAR Supplementary Tables - P&C/MI (987) 60 days Annual subject to LEFP Yes
AAR Discount Curve (PC6) 60 days Annual subject to LEFP Yes
Financial Condition Testing (FCT) (610) Various Footnote a Annual subject to LEFP Yes
FCT Template - P&C (952) Various Footnote a Annual subject to LEFP Yes
External Review Report - AAR (615) Various Footnote b Annual subject to LEFP Yes
External Review Report - FCT (608) December 31 Annual subject to LEFP Yes
External Review Report - Other (607) Footnote c Various Footnote e Annual N/A Yes
ORSA Key Metrics Report (OP) Various Footnote d Annual subject to LEFP Yes
Earthquake Exposure Data Return (659) May 31 Annual subject to LEFP Yes
Unpaid Claims and Loss Ratio Exhibits (PC5) 60 days Annual subject to LEFP Yes
Standardized Stress Testing - MI (934) Various Footnote a Annual subject to LEFP Yes

Footnotes

Footnote a

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

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Footnote b

Pre-release ERRs: 60 days; Post release ERRs: 90 days

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Footnote c

ERR for Other(607) must be requested by contacting RRSsupport-SDRsoutien@osfi-bsif.gc.ca or at 613-991-0609

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Footnote 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

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Footnote e

As specified

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