This article, from the 2012 Q2 issue of the MSA Research Quarterly P&C Outlook Report, published in September 2012, discusses the differences between the steps to register and operate a Canadian Branch of a foreign insurance company (P&C-2 Company) versus the steps to incorporate a Canadian subsidiary of a foreign company (P&C-1 Company). Regulatory set-up, governance, administration, capital rules and policy management, among other topics, are examined.
Graham Segger