Canada Gazette, Part I, Volume 153, Number 39: MISCELLANEOUS NOTICES
September 28, 2019
THE NORDIC INSURANCE COMPANY OF CANADA
ASSUMPTION REINSURANCE AGREEMENT
Notice is hereby given, in accordance with the provisions of subsection 254(2.01) of the Insurance Companies Act (Canada), that The Nordic Insurance Company of Canada (“Nordic”) intends to make an application to the Office of the Superintendent of Financial Institutions on or after November 1, 2019, for approval to cause itself to be reinsured, on an assumption basis, by Intact Insurance Company, against risks related to its insurance policy claims related to policies that were written by Nordic either (i) in commercial lines of business; or (ii) in personal lines of business and purchased by the policyholder through a broker rather than directly from an insurer. For greater certainty, the claims also exclude any insurance policy claims related to product warranty policies written by Nordic or unpaid claims in the Facility Association Residual Market and/or Risk Sharing Pool.
A copy of the proposed assumption reinsurance agreement will be available for inspection by the policyholders of Nordic at the head office of Nordic located at 700 University Avenue, Suite 1500A, Toronto, Ontario M5G 0A1, during regular business hours for a period of 30 days following publication of this notice.
A copy of the proposed assumption reinsurance agreement will be provided to a policyholder upon written request. All written requests must contain the policyholder’s name, policy number, and the full mailing address of the location to where the copy of the proposed assumption reinsurance agreement is to be sent. All written requests should be sent to the following address:
Attn.: Frédéric Cotnoir
700 University Avenue, Suite 1500A
Toronto, September 20, 2019