Consolidated Insurance Companies Act of Canada, Regulations and Guidelines 2018
By: Nancy J. Carroll, B.A. (Honours), M.A., J.D.
ISBN/ISSN/Product Number: 978-0-7798-7873-4
Product Type: Book S.O. Annual/biannual/biennial
Anticip. Upkeep Cost: Annual volumes supplied on standing order subscription
Number of Pages: Approximately 2040 pages
Number of Volumes: 1 volume bound
Binding: softcover
Publication Date: 2018-01-30
Publisher: Carswell
Price: $135.00

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The latest developments in the Insurance Companies Act at your fingertips

The rules and policies by which Canadian insurance companies are regulated are extensive and continually changing. It is therefore important to be able to find, and navigate through, all of the current sources of regulation. The Consolidated Insurance Companies Act of Canada, Regulations and Guidelines allows you to do just that and with the confidence that you have the latest developments at your fingertips. This affordable handbook serves as the perfect reference to the relevant rules and policies. This book is a complete portable reference source for the federal legislation and regulations governing insurers and for the administrative guidelines that supplement the regulatory regime. Each section of the Insurance Companies Act is cross-referenced to other relevant sections of the Act as well as to any related regulations and any related guidelines issued by the Superintendent of Financial Institutions and designated as Guidelines, Instructions, Instruction Guides, Advisories, Fee Schedules, Forms or Rulings. The book also includes the Office of the Superintendent of Financial Institutions Act and the Financial Consumer Agency of Canada Act and those parts of the Regulations under those Acts that affect insurers. An extensive index makes for easy access by subject to all of the documents that are included, in their full text, in the book.

What’s New


  • Life Insurance Capital Adequacy Test, Guideline A (draft)
  • Margin Requirements for Non-Centrally Cleared Derivatives, Guideline E-22
  • Minimum  Capital Test (MCT) for Federally Regulated Property and Casualty Insurance Companies, Guideline A
  • Own Risk and Solvency Assessment, Guideline E-19 (draft)
  • Regulatory Capital and Internal Capital Targets, Guideline A-4 (draft)
  •  Corporate Governance Guideline (draft)


  • Life Insurance Capital Adequacy Test (LICAT) Public Disclosure Requirements (draft) Guideline
  • Residential Mortgages Underwriting Practices and Procedures (draft), Guideline B-20


About the Author
Nancy J. Carroll, B.A. (Honours), M.A., J.D., is a partner in McCarthy Tetrault LLP's Financial Services Group in Toronto. She acts for insurance companies, banks, other financial institutions and pension funds on mergers and acquisitions, corporate reorganizations and other transactions and regulatory matters including compliance with legislative requirements and regulatory guidelines, corporate governance, anti-money laundering and privacy. Ms. Carroll has served on McCarthy Tetrault LLP's Board, and as a member of the Ontario Insurance Legislation Review Project. She is the editor of Consolidated Insurance Companies Act of Canada, Regulations and Guidelines, 2014 edition. She is the co-author of the Canada chapter of Anti-Money Laundering International Law and Practice.