The AMF’s guidelines presented in this section are intended for authorized insurers and federations of mutual companies governed by the Insurers Act This link will open in a new window, CQLR, c. A-32.1. They apply to financial institutions operating independently as well as to financial institutions operating as members of a financial group. Where elements of a particular guideline concern only certain institutions, clear reference is made to those institutions.

The standards or policies adopted by a federation with respect to the mutual insurance associations that are members of the federation should be consistent, if not convergent, with the legal obligations that apply to them regarding sound and prudent management practices and sound commercial practices.

Self-regulatory organizations and reciprocal unions are only required to comply with the guidelines that are specifically intended for them.

Guidelines diagram

Insurance of persons and P&C insurance

Sound and prudent management practices and sound commercial practices


For more information regarding these guidelines please contact:

Financial Institutions Oversight and Deposit Insurance
Telephone: 418-525-0337
Toll-free: 1-877-525-0337
Fax: 418-643-4586

Guidelines diagram