Pursuant to Section 102 of the Insurance Act (Ontario), all insurers licensed in the Province of Ontario are required to file annual returns for the year ended on October 31, 2015 or December 31, 2015, no later than February 29, 2016. In this regard, pursuant to Section 3.2 of the Agreement dated March 30, 2000 between the Superintendent of Financial Services of Ontario and Ontario Mutual Insurance Association ("OMIA") the annual statement of each insurer is required to be filed with OMIA on or before the above noted date.
Detailed information is available on the Annual Returns and Instructions page of the Financial Services Commission of Ontario website. You will find updates regarding:
- 2015 Annual Return Instructions
- Memorandum regarding the 2015 Report of the Actuary
- Filing Requirements for Insurers Licensed in Ontario
- Avoiding over-assessment for companies with insurance subsidiaries
Required forms are also available for download:
- Premium Information used for Cost Assessment in Ontario
- Consent and Notification pursuant to the Freedom of Information and Protection of Privacy Act
Helpful resources on updated forms and instructions are also available on The Office of the Superintendent of Financial Institution's website.
The Filing Requirements for Insurers Licensed in Ontario details the forms and reports required by Ontario. We request that the 2015 annual returns be delivered in an electronic copy format (pdf, excel, ASCII file) as applicable versus a paper format as part of our process improvement measures. All Section 102 filings should be forwarded to firstname.lastname@example.org by February 29, 2016.
At this time we wish to remind you that Interim Returns to be filed with OMIA are due as follows:
|March 31 ||May 16|
|June 30 ||August 15|
|September 30 ||November 14|
If you have questions, please contact Joanne Coupland, Ontario Mutual Insurance Association at 519-622-9220 x2157 or email@example.com.