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Insurance Companies Act ( 1991, c. 47 )
Disclaimer: These documents are not the official versions (more).
Full Document for Printing [2816K]
Act current to September 27, 2005

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Table of Contents (Details)
Bille INSURANCE COMPANIES ACT
Bille SHORT TITLE
Bille PART I: INTERPRETATION AND APPLICATION
Bille Definitions
Bille Interpretation
Bille Application
Bille PART II: STATUS AND POWERS
Bille PART III: INCORPORATION, CONTINUANCE AND DISCONTINUANCE
Bille Formalities of Incorporation
Bille Continuance
Bille Discontinuance
Bille Corporate Name
Bille PART IV: ORGANIZATION AND COMMENCEMENT
Bille Organization Meetings
Bille Commencement and Carrying on of Business
Bille PART V: CAPITAL STRUCTURE
Bille Share Capital
Bille Restrictions Specific to Shares of Mutual Companies
Bille Subordinated Indebtedness
Bille Security Certificates and Transfers
Bille PART VI: CORPORATE GOVERNANCE
Bille Division I: Shareholders and Policyholders
Bille Division I.1: Proxies
Bille Division I.2: Restrictions on Voting
Bille Division II: Directors and Officers
Bille Division III: Fundamental Changes
Bille Division IV: Head Office and Corporate Records
Bille Division V: Securities Registers
Bille Division VI: Corporate Name and Seal
Bille Division VII
Bille Division VIII: Insiders
Bille Division IX: Prospectus
Bille Division X: Compulsory Acquisitions
Bille Division XI: Trust Indentures
Bille Division XII: Financial Statements
Bille Division XIII: Auditors
Bille Division XIV: Actuaries
Bille Division XV: Remedial Actions
Bille Division XVI: Liquidation and Dissolution
Bille PART VII: OWNERSHIP
Bille Division I: Interpretation
Bille Division II: Constraints on Ownership
Bille Division III: Directions
Bille PART VIII: BUSINESS AND POWERS
Bille General
Bille Classes of Insurance
Bille Segregated Funds
Bille Participating Policies
Bille Reinsurance
Bille Restrictions
Bille Restrictions Specific to Life Companies
Bille Restrictions Specific to Property and Casualty Companies
Bille Borrowing Costs
Bille Complaints
Bille Miscellaneous
Bille PART IX: INVESTMENTS
Bille Definitions and Application
Bille General Constraints on Investments
Bille Subsidiaries and Equity Investments
Bille Exceptions and Exclusions
Bille Portfolio Limits
Bille Commercial Lending by Life Companies
Bille Consumer and Commercial Lending by Property and Casualty Companies
Bille Real Property
Bille Equities
Bille Aggregate Limit
Bille Miscellaneous
Bille PART X: ADEQUACY OF CAPITAL AND LIQUIDITY AND ASSETS
Bille PART XI: SELF-DEALING
Bille Interpretation and Application
Bille Prohibited Related Party Transactions
Bille Permitted Related Party Transactions
Bille Restrictions on Permitted Transactions
Bille Disclosure
Bille Remedial Actions
Bille PART XII: FRATERNAL BENEFIT SOCIETIES
Bille Interpretation
Bille Powers
Bille Corporate Governance
Bille Investments
Bille Liquidation and Dissolution of a Society
Bille PART XIII: FOREIGN COMPANIES
Bille Interpretation
Bille Application
Bille Insurance of Risks in Canada
Bille Classes of Insurance
Bille Segregated Funds
Bille Reinsurance
Bille Borrowing Costs
Bille Complaints
Bille Miscellaneous
Bille Adequacy of Capital or Assets
Bille Regulations
Bille Assets in Canada
Bille Investments
Bille Self-dealing
Bille Actuaries
Bille Auditors
Bille Records
Bille Termination of Insurance Business in Canada
Bille PART XIV: PROVINCIAL COMPANIES
Bille Application
Bille Order to Commence and Carry on Business
Bille Duties of Directors
Bille Corporate Records
Bille PART XV: REGULATION OF COMPANIES, SOCIETIES, FOREIGN COMPANIES AND PROVINCIAL COMPANIES — SUPERINTENDENT
Bille Interpretation
Bille Supervision
Bille Remedial Powers
Bille PART XVI: REGULATION OF COMPANIES AND FOREIGN COMPANIES — COMMISSIONER
Bille PART XVII: INSURANCE HOLDING COMPANIES
Bille Purpose
Bille Division 1: Interpretation
Bille Division 2: Status and Powers
Bille Division 3: Incorporation, Continuance and Discontinuance
Bille Division 4: Organization and Commencement
Bille Division 5: Capital Structure
Bille Division 6: Corporate Governance
Bille Division 7: Ownership
Bille Division 8: Business and Powers
Bille Division 9: Investments
Bille Division 10: Adequacy of Capital and Liquidity
Bille Division 11: Regulation of Insurance Holding Companies
Bille PART XVIII: ADMINISTRATION
Bille Notices and Other Documents
Bille Approvals: Terms, Conditions and Undertakings
Bille Orders and Directives
Bille Applications to Superintendent
Bille Appeals
Bille Regulations
Bille Delegation
Bille PART XIX: SANCTIONS
Bille SCHEDULE: CLASSES OF INSURANCE
Related Regulations
Bille Affiliated Persons (Insurance Companies) Regulations
Bille Aggregate Financial Exposure (Insurance Companies) Regulations
Bille Ancillary Activities (Insurance Companies, Canadian Societies and Insurance Holding Companies) Regulations
Bille Assets (Foreign Companies) Regulations
Bille Commercial Loan (Insurance Companies, Societies and Insurance Holding Companies) Regulations
Bille Complaint Information (Canadian Insurance Companies) Regulations
Bille Complaint Information (Foreign Insurance Companies) Regulations
Bille Converted Company Ownership Regulations
Bille Cost of Borrowing (Canadian Insurance Companies) Regulations
Bille Cost of Borrowing (Foreign Insurance Companies) Regulations
Bille Credit Information (Insurance Companies) Regulations
Bille Equity of an Insurance Company or Insurance Holding Company Regulations
Bille Exemption from Approval for Certain Investments in Intragroup Service Entities (Life Companies and Insurance Holding Companies) Regulations
Bille Exemption from Restrictions on Investments (Insurance Companies, Insurance Holding Companies and Societies) Regulations
Bille Foreign Companies Prescribed Transactions Regulations
Bille Foreign Institutions Subject to the Canadian Residency Requirements Regulations (Insurance Companies)
Bille Guidelines Respecting Control in Fact for the Purpose of Subsection 407.2(1) of the Insurance Companies Act
Bille Information Technology Activities (Canadian Societies) Regulations
Bille Information Technology Activities (Insurance Holding Companies) Regulations
Bille Information Technology Activities (Life Companies) Regulations
Bille Information Technology Activities (Property and Casualty Companies) Regulations
Bille Insurance Companies Assessed Expenses Recovery Regulations
Bille Investment Limits (Canadian Societies) Regulations
Bille Investment Limits (Insurance Companies) Regulations
Bille Investment Limits (Insurance Holding Companies) Regulations
Bille Investments (Foreign Companies) Regulations
Bille Life Companies Borrowing Regulations
Bille Minority Investment (Insurance Companies) Regulations
Bille Minority Investment (Insurance Holding Companies) Regulations
Bille Mutual Company (Life Insurance) Conversion Regulations
Bille Name Use in Securities-related Transactions (Insurance Companies and Insurance Holding Companies) Regulations
Bille Property and Casualty Companies Borrowing Regulations
Bille Prospectus (Insurance Companies and Insurance Holding Companies) Regulations
Bille Prospectus Exemptions (Insurance Companies) Regulations
Bille Prospectus Exemptions (Insurance Holding Companies) Regulations
Bille Protection of Assets (Fraternal Benefit Societies) Regulations
Bille Protection of Assets (Insurance Companies) Regulations
Bille Regulations Prescribing Alternative Means of Publication (Foreign Companies)
Bille Regulatory Capital (Insurance Companies) Regulations
Bille Regulatory Capital (Insurance Holding Companies) Regulations
Bille Reinsurance (Canadian Companies) Regulations
Bille Reinsurance (Foreign Companies) Regulations
Bille Related Party Transactions (Insurance Companies) Regulations
Bille Resident Canadian (Insurance Companies) Regulations
Bille Rules Governing Proceedings at Public Inquiries into Objections (Insurance Companies)
Bille Securities Dealing Restrictions (Insurance Companies) Regulations
Bille Specialized Financing (Insurance Holding Companies) Regulations
Bille Specialized Financing (Life Companies) Regulations
Bille Subsidiaries Holding Company Shares (Insurance Companies) Regulations
Bille Subsidiaries that Hold Insurance Holding Company Shares Regulations
Bille Supervisory Information (Insurance Companies) Regulations
Bille Supervisory Information (Insurance Holding Companies) Regulations
Bille Total Assets for Supervisability and Public Holding Requirements (Insurance Companies and Insurance Holding Companies) Regulations
Bille Vested Assets (Foreign Companies) Regulations

Related Information
Bille Related Instruments Information (from the Consolidated Index of Statutory Instruments)
Bille Coming into Force information (from the Table of Public Statutes and Responsible Ministers)
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