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Draft federal P&C insurer demutualization regulations issued

  • McCarthy Tétrault LLP
  • -
  • Canada
  • -
  • March 18 2015

On February 28, 2015, the Department of Finance issued draft regulations under the Insurance Companies Act (Canada) providing the process to enable

OSFI issues revised capital requirements for property and casualty insurers

  • McCarthy Tétrault LLP
  • -
  • Canada
  • -
  • October 7 2014

On September 24, 2014, the Office of the Superintendent of Financial Institutions (OSFI) issued the revised Minimum Capital Test Guideline

OSFI Ruling permits banks to promote insurance on their websites

  • McCarthy Tétrault LLP
  • -
  • Canada
  • -
  • July 28 2009

The Office of the Superintendent of Financial Institutions (OSFI) recently ruled that a bank website is not a bank branch for purposes of the Insurance Business (Banks and Bank Holding Companies) Regulations