Canada Gazette, Part I, Volume 152, Number 8: MISCELLANEOUS NOTICES

February 24, 2018

CANADIAN DIRECT INSURANCE INCORPORATED

ASSUMPTION REINSURANCE AGREEMENT

Notice is hereby given, in accordance with the provisions of subsection 254(2.01) of the Insurance Companies Act (Canada), that Canadian Direct Insurance Incorporated ("CDI") intends to make an application to the Superintendent of Financial Institutions on or after March 26, 2018, for approval to cause itself to be reinsured, on an assumption basis, by Belair Insurance Company Inc., against risks related to claims undertaken in respect of CDI's policies in Alberta and British Columbia and in respect of unpaid claims in the Facility Association Residual Market and Risk Sharing Pool.

A copy of the proposed assumption reinsurance agreement will be available for inspection by the policyholders of CDI at the head office of CDI located at 700 University Avenue, Suite 1500A, Toronto, Ontario M5G 0A1, during regular business hours for a period of 30 days following publication of this notice.

A copy of the proposed assumption reinsurance agreement will be provided to a policyholder upon written request. All written requests must contain the policyholder's name, policy number, and the full mailing address of the location to where the copy of the proposed assumption reinsurance agreement is to be sent. All written requests should be sent to the following address:

Attn.: Frédéric Cotnoir
700 University Avenue, Suite 1500A
Toronto, Ontario
M5G 0A1

Toronto, February 16, 2018

Frédéric Cotnoir
Secretary

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