Annual Statement (Insurance Companies and Insurance Holding Companies) Regulations

SOR/2010-233

INSURANCE COMPANIES ACT

Registration 2010-10-28

Annual Statement (Insurance Companies and Insurance Holding Companies) Regulations

P.C. 2010-1330 2010-10-28

His Excellency the Governor General in Council, on the recommendation of the Minister of Finance pursuant to subsections 331(2)Footnote a, 887(2)Footnote b and 1021(1)Footnote c of the Insurance Companies ActFootnote d, hereby makes the annexed Annual Statement (Insurance Companies and Insurance Holding Companies) Regulations.

Contents of Annual Statement

 The prescribed statements referred to in subsections 331(2) and 887(2) of the Insurance Companies Act are

  • (a) a balance sheet as at the end of the financial year;

  • (b) a statement of income for the financial year;

  • (c) a statement of cash flows for the financial year;

  • (d) a statement of changes in shareholders’ equity for the financial year; and

  • (e) a statement of comprehensive income for the financial year.

  • SOR/2014-273, s. 35(F);
  • SOR/2015-31, s. 1.

Coming into Force

 These Regulations come into force on June 1, 2011.

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