No. G-07/97
- General

Licensing Changes -Third Quarter 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 September 30, 1997.

The changes during the third quarter of 1997 include announcements of licenses issued to new insurers, insurance company amalgamations, licence cancellations and amendments.

New companies:	Effective date of changes
La Sécurité, assurances générales inc The company is licensed for property La Sécurité, assurances générales inc. contact in Ontario is Mr. Robert W. Haig Chief Agent 95 St. Clair Ave. W., 7th Floor Toronto, Ontario M4V 1N7 Phone: (416) 926-270 Fax: (416) 324-1825	August 22, 1997
Life Insurance Company of Royal Bank of Canada The company is licensed for life. Life Insurance Company of Royal Bank of Canada's contact in Ontario is Mr. Grant W. Hardy President & C.E.O. 55 City Centre Drive, Suite 1100 Mississauga, Ontario L5B 1M3 Phone: (905) 949-7510 Fax: (905) 949-8840	July 29, 1997
Amalgamations:	Effective date of changes
Swiss Re Life & Health Canada and The Mercantile and General Life Reassurance Company of Canada The amalgamated company will use the name Swiss Re Life & Health Canada. The licence of The Mercantile and General Life Reassurance Company of Canada has been cancelled.	September 25, 1997
Swiss Reinsurance Company Canada and The Mercantile and General Reinsurance Company of Canada The amalgamated company will use the name Swiss Reinsurance Company Canada. The licence of The Mercantile and General Reinsurance Company of Canada has been cancelled.	September 25, 1997
Licence Cancellations: The licence of the following insurer has been cancelled after satisfactory arrangements have been made for any insurance liabilities.	Effective date of changes
Societa Italiana Assicurazioni Transporti ('SIAT') The company settled its policy liabilities in Ontario.	July 31, 1997
Other licence amendments:	Effective date of changes
Aetna Casualty & Surety Company of Canada Name Change: Travelers Casualty And Surety Company of Canada	September 25, 1997
Canadian Trinity Life Insurance Company Name change: CT Financial Assurance Company	September 3, 1997
Downie Mutual Fire Insurance Company Name Change: The Downie Mutual Insurance Company	August 15, 1997
Gerling Global General Insurance Company Class Added: Credit	July 9, 1997
Grey & Bruce Mutual Insurance Company Class Added: Accident & Sickness is limited to the plan of insurance, and any subsequent amendments, filed by the Ontario Mutual Insurance Association with the Superintendent of Insurance.	September 17, 1997
Howard Mutual Fire Insurance Company Classes Added: Accident & Sickness, Fidelity and Hail. Accident & Sickness and Fidelity are limited to the plan of insurance, and any subsequent amendments, filed by the Ontario Mutual Insurance Association with the Superintendent of Insurance	July 31, 1997
Life Insurance Company of Royal Bank of Canada Class Added: Accident & Sickness.	September 18, 1997

Grant S. Swanson
Acting Superintendent of Insurance

November 10, 1997

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Licensing Changes -Third Quarter 1997

New companies:

Amalgamations:

Licence Cancellations:

Other licence amendments: