2.1 For the purposes of these Regulations, a web page is not a company web page by reason only that the web page provides access to a company web page or promotes the business of a company in Canada.

3. A company may carry on any aspect of the business of insurance, other than the underwriting of insurance, outside Canada.

• 4. (1) A company may administer an authorized type of insurance and personal accident insurance.

• (2) A company may administer a group insurance policy for

  • (a) its employees or the employees of an entity that the company holds control of, or a substantial investment in, under section 453 of the Act;

  • (b) the employees of another company that controls the company or of an entity that the other company holds control of, or a substantial investment in, under section 453 of the Act;

  • (c) the employees of

    • (i) a bank or a bank holding company, that controls the company, or

    • (ii) an entity that the bank or the bank holding company, referred to in subparagraph (i), holds control of, or a substantial investment in, under section 468 or 930 of the Bank Act;

  • (d) the employees of an entity that an affiliate of the company holds control of, or a substantial investment in, in accordance with section 522.07 or 522.08 or subsection 522.32(1) or (3) of the Bank Act;

  • (e) the employees in Canada of an authorized foreign bank that is an affiliate of the company; and

  • (f) if the company is controlled by a foreign bank, the employees in Canada of an affiliate of the foreign bank that is an entity referred to in section 522.17 or 522.18 of the Bank Act and that carries on a business described in one of those sections.

• 5. (1) A company may provide advice regarding an authorized type of insurance or a service in respect of an authorized type of insurance.

• (2) A company may provide advice in respect of an insurance policy that is not of an authorized type of insurance, or services in respect thereof, if

  • (a) the advice is general in nature;

  • (b) the advice is not in respect of

    • (i) a specific risk, proposal in respect of life insurance, insurance policy or service, or

    • (ii) a particular insurance company, agent or broker; and

  • (c) the company does not thereby refer any person to a particular insurance company, agent or broker.

6. A company shall not, in relation to its business in Canada, promote an insurance company, agent or broker unless

• (a) the insurance company, agent or broker deals only in authorized types of insurance; or

• (b) the promotion takes place outside a branch of the company and is directed to

  • (i) all the holders of credit or charge cards issued by the company who regularly receive statements of account or notices of those statements,

  • (ii) all the company’s customers who are natural persons and who regularly receive statements of account or notices of those statements, or

  • (iii) the general public.