McCarthy Tétrault LLP | Canada | 6 Feb 2024
As anticipated in our 2022 Year in Review, there were several developments in the regulation of the insurance sector in Canada in 2023. This article…
McCarthy Tétrault LLP | Canada | 31 Jan 2023
As anticipated in our 2021 Year in Review, there were several developments in the regulation of the insurance sector in Canada in 2022. This…
McCarthy Tétrault LLP | Canada | 16 Jun 2022
On May 31, 2022, Alberta’s Bill 16, the Insurance Amendment Act, 2022 (the “Act”) came into force, making amendments to the Insurance Act and the…
McCarthy Tétrault LLP | Canada | 24 Mar 2022
On March 15, 2022, the Office of the Superintendent of Financial Institutions (“OSFI”) released a letter (the “Letter”) outlining its plan to issue…
McCarthy Tétrault LLP | Canada | 23 Feb 2022
On February 11, 2022, the Office of the Superintendent of Financial Institutions (“OSFI”) concluded its review of reinsurance practices by issuing…
McCarthy Tétrault LLP | Canada | 12 Jan 2022
In 2021 there were numerous changes to regulation of the insurance sector in Canada, both in response to COVID-19 and in keeping with regulators’…
McCarthy Tétrault LLP | Canada | 31 Dec 2021
Le 2 décembre 2021, le projet de Loi 76 sur les sociétés d’assurance captives, la Captive Insurance Companies Act (la « Loi ») du Gouvernement…
McCarthy Tétrault LLP | Canada | 22 Jun 2021
On May 25, 2021, the Canadian Insurance Services Regulatory Organizations (“CISRO”) announced that it is developing “Principles of Conduct for…
McCarthy Tétrault LLP | Canada | 7 Apr 2021
Foreign insurance companies carrying on business in Canada through a branch should be aware of draft revisions to the Canadian vested asset regime…
McCarthy Tétrault LLP | Canada | 5 Feb 2021
In 2020, there were numerous changes to regulation of the insurance sector in Canada, both in response to COVID-19 and in keeping with regulators’…