No. They establish reserves for potential exposures in the normal process and procedures that are required under the Insurance Companies Act, etc. The companies are governed by OSFI and follow the recommended procedures for reserving, etc.
November 27th, 2007 / 9:20 a.m.
Manager, Nuclear Insurance Association of Canada
No. They establish reserves for potential exposures in the normal process and procedures that are required under the Insurance Companies Act, etc. The companies are governed by OSFI and follow the recommended procedures for reserving, etc.
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