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OC 317/2008 – The Saskatchewan Insurance Amendment Regulations, 2008 (Minister of Justice and Attorney General)

Title: The Saskatchewan Insurance Amendment Regulations, 2008

Minister: Minister of Justice and Attorney General

On Gazette date, these regulations will amend RRS S-26 Reg 8 to:

    - update the list of designated provincial insurers that are allowed to invest in common shares, provided that the investments are reasonable and prudent;
    - exempt designated provincial insurers from investment restrictions and allow them to invest in a broader range of bonds and debentures, provided the investments meet specific terms and conditions; and
    - permit mutual insurance companies that are designated provincial insurers to make the same investments as other designated provincial insurers.

See: The Saskatchewan Insurance Act

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