Canada Gazette, Part I, Volume 158, Number 32: MISCELLANEOUS NOTICES

August 10, 2024

BANKING CIRCLE S.A.

APPLICATION TO ESTABLISH A FOREIGN BANK BRANCH

Notice is given pursuant to subsection 525(2) to the Bank Act of Canada that Banking Circle S.A., a foreign bank with its head office in Luxembourg, intends to apply to the Minister of Finance (Canada) for an order permitting it to establish a full-service branch in Canada to carry on the business of banking.

Subject to the prior approval of the Minister and receipt from the Superintendent of Financial Institutions of an order to commence and carry on business, the branch intends to carry on business under the name Banking Circle S.A. - Canada Branch and its principal office will be located in Toronto, Ontario. The ultimate controlling shareholder of Banking Circle S.A. is EQT Fund Management S.à r.l., acting as manager of EQT VIII.

Any person objecting to the proposed order may submit an objection in writing to the Office of the Superintendent of Financial Institutions (Canada), 255 Albert Street, 12th Floor, Ottawa, Ontario K1A 0H2 on or before September 9, 2024.

The publication of this notice should not be construed as evidence that an order will be issued to establish the foreign bank branch. The granting of the Order will be dependent on the normal Bank Act (Canada) application review process and at the discretion of the Minister of Finance (Canada).

July 20, 2024

Banking Circle S.A.
By its solicitors

Bennett Jones LLP

ROYAL & SUN ALLIANCE INSURANCE COMPANY OF CANADA

ASSUMPTION REINSURANCE AGREEMENT

Notice is hereby given, in accordance with the provisions of subsection 254(2) of the Insurance Companies Act (Canada) [the “Act”], that Royal & Sun Alliance Insurance Company of Canada (“RSA Canada”) intends to make an application to the Minister of Finance (Canada) [the “Minister”], on or after September 10, 2024, for the Minister’s approval to cause itself to be reinsured, on an assumption basis, against substantially all of its policy liabilities, by Belair Insurance Company Inc. (“Belair”). In this regard, RSA Canada proposes to reinsure, on an assumption basis, all its policy liabilities relating to travel insurance.

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

Any policyholder who wishes to obtain a copy of the proposed assumption reinsurance agreement may do so by writing to RSA Canada at the above-noted address.

Toronto, August 10, 2024

Royal & Sun Alliance Insurance Company of Canada