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A-32 - Act respecting insurance

Section 298.18
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298.18. The actuary designated by an insurance company that transacts participating insurance shall prepare a report on the benefits granted to holders of such policies, in particular in the form of dividends or bonuses.
The actuary shall indicate in the report whether, in his or her opinion, the granting of such benefits is in conformity with the policy established pursuant to section 66.1 and whether the management of participating fund surpluses is in conformity with the policy established under section 66.1.1.
The actuary shall send a copy of the report to the board of directors.
2002, c. 70, s. 126; 2013, c. 18, s. 5.
298.18. The actuary designated by an insurance company that transacts participating insurance shall prepare a report on the benefits granted to holders of such policies, in particular in the form of dividends or bonuses.
The actuary shall indicate in the report whether, in his or her opinion, the granting of such benefits is in conformity with the policy established pursuant to section 66.1.
The actuary shall send a copy of the report to the board of directors.
2002, c. 70, s. 126.
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