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Reinsurance Canada

Stikeman Elliott LLP

Alberta Initiatives Supporting Local Reinsurance and Captive Insurance Fully In Force By July 1, 2022

Stikeman Elliott LLP on

The Government of Alberta’s initiatives in support of reinsurance and captive insurance in the province, discussed in our post of April 20, 2022, will soon be fully in force. Already in force, as of May 31, 2022, are...more

Stikeman Elliott LLP

OSFI Releases Final Updated Reinsurance Guidance To Take Effect in 2025

Stikeman Elliott LLP on

On February 11, 2022, Canada’s federal prudential insurance regulator, the Office of the Superintendent of Financial Institutions (“OSFI”) released long-awaited final versions of its key reinsurance guidance, Guideline B-3:...more

Blake, Cassels & Graydon LLP

Assumption Reinsurance Refresher

On August 9, 2016, the Office of the Superintendent of Financial Institutions (OSFI) posted revised transaction instructions on its website for reinsurance on an assumption basis (Assumption Reinsurance). OSFI stated that the...more

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