Insurance Companies Act
Version of section 445 from 2007-04-20 to 2024-05-01:
Marginal note:No new composite companies
445 The Superintendent may not make or vary an order approving the commencement and carrying on of business by a company if the company would as a result be permitted to insure both risks falling within the class of life insurance and risks falling within any other class of insurance other than accident and sickness insurance, credit protection insurance and other approved products insurance.
- 1991, c. 47, s. 445
- 1997, c. 15, s. 248
- 2007, c. 6, s. 218
- Date modified: