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In forceLife insurers: actuarialLast checked 11 November 2026

Financial condition testing data template, life (951)

A regulatory return listed by the Office of the Superintendent of Financial Institutions (OSFI), Canada.

A data collection template that every federally regulated life insurer completes and submits with its FCT report, to make data collection more efficient, consistent and effective. It holds general information, the scenario results (including a climate scenario) and financial data. Source

Official title: FCT Template - Life (951)

The facts

Who files
OSFI's reporting requirements tables list it for: Canadian life insurers (including insurance holding companies and non-operating life companies); foreign life insurers; Canadian fraternal benefit societies; foreign fraternal benefit societies. Source
How often
Annual. Source
Deadline
Annual filing: the earlier of 30 days after presentation to the board of directors or Canadian branch management, and one year after fiscal year end. Subject to the Late and Erroneous Filing Penalties (LEFP) framework. Source
Format
Excel. The instructions say: "Insurers must submit one electronic copy of the FCT Template by uploading it via the Regulatory Reporting System (RRS)." Source
How it is filed
Filing routes recorded for the OSFI: Regulatory Reporting System (RRS); Regulatory Data Hub (RDH). See how firms file with the OSFI.
Status
In forceFiled in the Regulatory Reporting System (RRS). OSFI's Data Collection Modernization initiative will replace RRS with a new platform, the Regulatory Data Hub (RDH); OSFI says the launch is now targeted for spring 2027 and asks filers to keep using RRS until then. Financial filing for insurers moves to RDH in Release 3; OSFI says more details on financial returns will come in 2027. Source
Group
Life insurers: actuarial

Templates (6)

The tables and forms inside the return. Plain name first, the OSFI's code in brackets.

  • General Information (General_Information)
  • Scenario 1 (Scenario_1)
  • Scenario 2 (Scenario_2)
  • Scenario 3 (Scenario_3)
  • Climate Scenario (Climate_Scenario)
  • Financials (Financials)

Visible worksheets in FCT_Life_2026_EN.xlsm, excluding cover, instruction and list sheets. Source

Validation rules

141 rules, as counted from the OSFI's published material. They are written for people to read; software cannot run them as published. Source

How they are written: Sheet inside the template workbook with checks written in words.

The rules, on osfi-bsif.gc.ca

How they were counted

Numbered rows in the 'Data Validation' sheet of FCT_Life_2026_EN.xlsm.

Counts are in the OSFI's own unit, so they are not comparable with other regulators' counts.

Public data

No published data from this return was found. No publication of data from this return was found on OSFI's reporting or open data pages. Source

Official documents (4)

The OSFI's own files, with the size and SHA-256 fingerprint of each as downloaded on 11 November 2026, so anyone can tell whether a copy is the same version.

Sources

Every page and document this return's facts were read from.

Knowing exactly what is collected, in what format and under which rules is the first step to real-time supervision. Line4 builds SupTech software for financial regulators that runs checks like these as each return arrives.

Line4's text and records here are free to reuse under CC BY 4.0. Please credit: “Source: Line4 regulatory submissions library (CC BY 4.0), https://www.line4.ai”. The regulators' documents, forms, taxonomies, rules and data belong to them: see OSFI's reuse terms. This describes what regulators publish. It is not legal or regulatory advice: always rely on the regulator's own text.

Last checked 11 November 2026.