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Bulletin


No. G-03/97
- General

Licensing Changes - First Quarter of 1997


As part of ongoing efforts to communicate matters of interest to the insurance industry, the Ontario Insurance Commission (OIC) is releasing the following information on changes to licences for the quarter ending March 31, 1997.

The changes in the first quarter of 1997 include announcements such as insurance companies with new licences, and licensing amendments.

New companies:

  • CNA Life Insurance Company of Canada

    The company is licensed for life insurance.
    CNA Life Insurance Company of Canada's contact in Ontario is

    Mr. Robert D. Scott
    President & Chief Executive Officer
    3 Robert Speck Parkway, Suite 900
    Mississauga, Ontario L4Z 2G5
    Phone:  (905) 306-9560
    Fax:     (905) 306-9640
13 March 1997
  • Household Life Insurance Company

    The company is licensed for accident and sickness
    and life insurance on the condition that if, in the
    transaction of its business in Ontario, the company
    uses its French name, that name shall be
    Compagnie d'Assurance-Vie Household.
    Household Life Insurance Company's contact in
    Ontario is

    Mr. R.W. Stevens
    Chief Agent
    c/o Blake, Cassels & Graydon
    P.O. Box 25, Commerce Court West
    Toronto, Ontario M5L 1A9
    Phone:  (416) 863-2452
    Fax:     (416) 863-2653
9 January 1997
  • TIG Reinsurance Company

    The company is licensed for accident and sickness,
    aircraft, automobile, boiler and machinery, hail,
    legal expense, liability, property, limited to
    the business of reinsurance

    TIG Reinsurance Company's contact in Ontario is

    Mr. Donald G. Smith
    Chief Agent
    c/o Canadian Insurance Consultants
    133 Richmond Street W., Suite 600
    Toronto, Ontario M5H 2L3
    Phone:  (416) 363-6103
    Fax:     (416) 363-7454

24 March 1997
  • Zenith Insurance Company

    The company is licensed for automobile, liability,
    property insurance.

    Zenith Insurance Company's contact in Ontario is

    Mr. Byron G. Messier
    President & Chief Executive Officer
    105 Adelaide St. W., 3rd Floor
    Toronto, Ontario M5H 1P9
    Phone:  (416) 350-4400
    Fax:     (416) 350-4417

12 March 1997

Other licence amendments:

  • Allianz Insurance Company of Canada

    Classes added:  Aircraft, and to enable the
    company to assume and run off a portfolio of
    business from Fireman's Fund Insurance
    Company

4 March 1997
  • Bankers Life and Casualty Company

    Removal of a condition which limited the
    company to writing group contracts.

20 February 1997
  • Boreal Insurance Company

    Name change:  AXA Boreal Insurance Inc
27 February 1997
  • Economical Mutual Insurance Company

    Class Added:  Marine
14 March 1997
  • Farm Mutual Reinsurance Plan Inc.

    Class Added:  Fidelity limited to the plan
    of insurance, and any subsequent amendments,
    filed by the Ontario Mutual Insurance Association with
    the Superintendent of Insurance.

27 January 1997
  • Gerling Global Reinsurance Company 

    Class Added:  Aircraft
    Class Deleted:  Workmen's Compensation
6 March 1997
  • Pennsylvania Life Insurance Company

    Removal of a condition preventing it from
    undertaking insurance contracts in Ontario.

6 March 1997
  • Prudential of America General Insurance Company (Canada)

    Name change: Liberty Insurance Company of Canada

25 February 1997
  • Société Anonyme Française de Réassurances

    Name change: SAFR Société Anonyme Française de
    Réassurances

20 January 1997
  • St. Lawrence Reassurance Company  

    Name change: Optimum Reassurance Inc    
8 January 1997

Grant S. Swanson
Acting Superintendent of Insurance

May 2, 1997