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How foreign insurers may or may not be carrying on business in Canada – changes to Part XIII of the Insurance Companies Act (Canada)

Fasken

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Canada June 15 2009

The purpose of this Bulletin is to address the Office of the Superintendent of Financial Institutions Canada (“OSFI”) Advisory 2007-01-RI, entitled “Insurance in Canada of Risks” issued by OSFI in September, 2007 and revised in May, 2009 (the “Revised Advisory”).1

Fasken - Marvin Mikhail and Robert W. McDowell

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