Canada Gazette, Part I, Volume 156, Number 44: MISCELLANEOUS NOTICES
October 29, 2022
UNITED AMERICAN INSURANCE COMPANY
ASSUMPTION REINSURANCE TRANSACTION
Notice is hereby given that United American Insurance Company (“UAIC”), pursuant to section 587.1 of the Insurance Companies Act (Canada), intends to make an application to the Superintendent of Financial Institutions (Canada) [the “Superintendent”] on or after November 28, 2022, for the Superintendent’s approval to cause itself to be reinsured, on an assumption basis, by Assumption Mutual Life Insurance Company (“Assumption”), against all of the risks undertaken by UAIC under its policies in Canada.
A copy of the proposed assumption reinsurance agreement and the report of the independent actuary relating to this transaction will be available for inspection by the policyholders of UAIC and Assumption during regular business hours at the office of the Chief Agent of the Canadian branch of UAIC located at 77 King Street West, Suite 400, Toronto, Ontario M5K 0A1, and the head office of Assumption located at 770 rue Main, CP 160, Moncton, New Brunswick E1C 8L1, for a period of 30 days following publication of this notice. Any policyholder who wishes to obtain a copy of the assumption reinsurance agreement or the report of the independent actuary may do so in writing to the Chief Agent of UAIC or to the President and Chief Executive Officer of Assumption at the above-noted addresses.
October 29, 2022
United American Insurance Company
By its solicitors
Dentons Canada LLP