Reporting Requirements for Property & Casualty Insurance Companies

Date: May 2024

Return title Date of submission Frequency Subject to LEFP Canadian P&C Foreign P&C
P&C Quarterly Supervisory (PC1/PC2) 45 days Quarterly subject to LEFP Yes Yes
P&C Annual Supervisory (PC1/PC2/PC3) 60 days Annual subject to LEFP Yes Yes
P&C Quarterly - Unstructured (971) 45 days Quarterly subject to LEFP Yes Yes
60 days Annual subject to LEFP Yes Yes
Minimum Capital Test (MCT)/Branch Adequacy of Assets Test (BAAT) Quarterly (PC4) 45 days Quarterly subject to LEFP Yes Yes
60 days Annual subject to LEFP Yes Yes
MCT/BAAT - Unstructured (974) 45 days Quarterly subject to LEFP Yes Yes
60 days Annual subject to LEFP Yes Yes
Auditor's Report on MCT (650) 90 days Annual subject to LEFP Yes No
Auditor's Report on BAAT (655) May 31 Table footnote a Annual subject to LEFP No Yes
Auditor's Report to the Superintendent (625) - Canadian 60 days Annual subject to LEFP Yes No
Auditor's Report to the Superintendent (625) - Reinsurers 90 days Annual subject to LEFP Yes No
Auditor's Report to the Superintendent (625) - Foreign May 31 Table footnote a Annual subject to LEFP No Yes
Appointed Actuary's Report (AAR) (605) 60 days Annual subject to LEFP Yes Yes
AAR Supplementary Tables - P&C (987) 60 days Annual subject to LEFP Yes Yes
AAR Discount Curve (PC6) 60 days Annual subject to LEFP Yes Yes
Financial Condition Testing (FCT) (610) Various Table footnote b Annual subject to LEFP Yes Yes
FCT Template - P&C (952) Various Table footnote b Annual subject to LEFP Yes Yes
External Review Report - AAR (615) Various Table footnote c Annual subject to LEFP Yes Yes
External Review Report - FCT (608) December 31 Annual subject to LEFP Yes Yes
External Review Report - Other (607) Table footnote d Various Table footnote f Annual N/A Yes Yes
ORSA Key Metrics Report (OP) Various Table footnote e Annual subject to LEFP Yes Yes
Earthquake Exposure Data Return (659) May 31 Annual subject to LEFP Yes Yes
Unpaid Claims and Loss Ratio Exhibits (PC5) 60 days Annual subject to LEFP Yes Yes
Standardized Stress Testing - P&C (935) Various Table footnote b Annual subject to LEFP Yes Yes
Worldwide Financial Statement (645) Various Annual N/A No Yes

Table footnotes

Table footnote a

ICA Subsection 644(1)

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Table footnote b

Earlier of: 30 days after presentation to Board of Directors/Canadian Branch Management, and one year after fiscal year-end

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Table footnote c

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

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Table footnote d

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

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Table footnote e

Submitted to OSFI at least annually and within 30 days of report being reviewed by the Board of Directors / signed off by the Canadian Branch Management

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Table footnote f

As specified

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