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  • IIS Reporting Requirements

    • BR-1.5.1

      Insurance licensees, registered actuaries and loss adjusters are required to complete online non-financial information related to their institution by accessing the CBB's institutional information system (IIS). Insurance licensees registered actuaries and loss adjusters must update the required information at least on a quarterly basis or when a significant change occurs in the non-financial information included in the IIS. If no information has changed during the quarter, the insurance licensees, registered actuaries and loss adjusters must still access the IIS quarterly and confirm that the information contained in the IIS is correct. Licensees must ensure that they access the IIS within 20 calendar days from the end of the related quarter and either confirm or update the information contained in the IIS.

      Amended: January 2013
      Amended: April 2012
      Added: January 2011

    • BR-1.5.2

      Insurance licensees, registered actuaries and loss adjusters failing to comply with the requirements of Paragraph BR-1.5.1 or reporting inaccurate information may be subject to financial penalties or other enforcement actions as outlined in Module (EN) Enforcement.

      Amended: April 2012
      Amended: April 2011
      Added: January 2011